• DR. MAHADEVANAYAKA N S

P2P lending will emerge as the most prominent alternative investment opportunity, many years ago person needs loan as to go to bank or similar financial institution to get it he had to apply and wait for to be approval by banks usually approve or reject the loan based on the applicant’s repayment capacity. A person was judge depending on how much he made and what is the financial situation, butin present scenario if a person needs to borrow money, he can turn to P2P lending and borrow money from another person (individual).P2Plending is one such business model that has gathered momentum globally and is taking roots in India in this conceptual paper list of P2P lending in India, procedure followed for P2P lending to lend, and suggestion for implementation of P2P lending by banks, challenges opportunities and suggestion for P2P lending are expressed. P2P lending is a new concept in India online sites have started operation allowing the individual to obtain loan or invest money in P2P lending without intervention of banks and financial institution.

P2P-Peer to Peer,NBFCS- Non-BankingFinancial Institution KYC -know your customers

"PEER TO PEER LENDING AGENCIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.25-29, March-2019, Available :http://www.jetir.org/papers/JETIRDL06006.pdf

"PEER TO PEER LENDING AGENCIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp25-29, March-2019, Available at : http://www.jetir.org/papers/JETIRDL06006.pdf