This is a bit confusing. App is showing the above, but the whatsapp message says
We need to invest and check!
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Mobikwik xtra a
- Thread starter prash1161
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- investment mobikwik
This is a bit confusing. App is showing the above, but the whatsapp message says
We need to invest and check!
cleverpappu
TF Premier
WhatsApp rates will be implemented soon as per their message.
That means it has been partially applied? 10% is already in force. But we still get 12.99% for the tenures mentioned.
Xtra referral code please
s1t2y3a3m6
TF Ace
Apply this 3DUF53
Last edited:
Ak Singh
TF Ace
Here it is - [ JYP5DU ]
Not until now
plus they have changed the rules
now minimum lock in is there
plus they have changed the rules
now minimum lock in is there
virtuoso
TF Buzz
Are you guys able to withdraw your interest or principal money? From the last 3 days, i am getting this error . Now I am slightly worried. Also I see that my daily interest amount has slightly reduced and my total investment has also reduced by a very small amount
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RajS
TF Premier
My maturity amount credited automatically few days back. This is plus
virtuoso
TF Buzz
mine is flexi
They have temporarily stopped investments and withdrawals. They will resume soon.
RajS
TF Premier
I withdraw all flexi after RBI restriction, a week back
RajS
TF Premier
I was able to withdraw Flexi during 20-25 of Aug. Plus withdrawal worked yesterday
dealseeker
TF Buzz
Now no option for withdrawal
https://x.com/sk_sharma111/status/1831017456430915791Maine complaint Kiya h ise retweet karke MobiKwik ko tag kro
https://x.com/sk_sharma111/status/1831017456430915791Maine complaint Kiya h ise retweet karke MobiKwik ko tag kro
maheshspanicker
TF Premier
Received a message from Mobikwik that there is a minimum limit of 10000, and that I could either withdraw the amount I had which was less than the new minimum required, or invest more. So I just went ahead and withdrew... The transaction is marked as successfull, now waiting for the money to be credited in my account.
RajS
TF Premier
I got this email.
Due to the changes to master directions for NBFC-P2P Lending Platform introduced by the RBI on 16 August 2024, Xtra has undergone changes from the end of our NBFC-P2P partner, Transactree Technologies Private Limited ("Lendbox"). As you are aware MobiKwik only acts as a channel partner for Lendbox and therefore based on the requirements of Lendbox as per the updated regulations, we request you to note the following changes:
Due to the changes to master directions for NBFC-P2P Lending Platform introduced by the RBI on 16 August 2024, Xtra has undergone changes from the end of our NBFC-P2P partner, Transactree Technologies Private Limited ("Lendbox"). As you are aware MobiKwik only acts as a channel partner for Lendbox and therefore based on the requirements of Lendbox as per the updated regulations, we request you to note the following changes:
- Flexi & Plus plans discontinued: All existing Flexi & Plus plans have been discontinued & your deposited amount will reflect in a single plan. This deposited amount continues to be mapped to multiple loans.
- Repayments: You will receive amount towards principal and interest, as and when repayments are made by the mapped borrowers. This amount will be available for withdrawal through the updated version of the MobiKwik app on the 12th of every month. You will be able to see the expected repayment schedule on the MobiKwik app.
- New Investments: All new funds deposited after 16 August 2024 will be deployed as loans only after the borrowers are approved by you. You can review & approve the borrowers on the updated version of the MobiKwik app. Please note, that the deposited funds will only accrue interest after you approve the borrowers.
Pretty amazing how quick these companies have updated their lending and repayment process and app after the RBI new guidelines.
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