What is the minimum and maximum investment?
The minimum investment amount is INR 100 and the maximum investment amount can be anything the investor is willing to invest. A social investor can invest to fulfil the loan amount for a borrower or split their investments amongst multiple borrowers.

Where can I track progress on my investment?
As a social investor, you can login to your account using your email address registered on RangDe.Org. Once you login, you can access the repayment progress made by all your borrowers. You will also receive a statement of social investments on a monthly basis from our team.

How do I make a social investment?
You can make a social investment in borrowers of your choice by following the steps below :

  1. View our borrower listing and enter the amounts you would like to invest in borrowers of your choice.
  2. Review your selection and continue
  3. Choose whether you want to contribute your return on investment and/or make a donation to Rang De
  4. Make a payment towards your social investment using Rang De credit or your preferrred payment option.

You can also make a quick investment where you can enter the amount you would like to invest and the system will select borrowers on your behalf by following the steps below :

  1. Enter the amount of your choice.
  2. Choose your preferences by selecting the "Select borrowers using my preferences" option or let the system choose borrowers on your behalf by selecting the "Select borrowers using Rang De's preferences" option
  3. Choose whether you want to contribute your return on investment and/or make a donation to Rang De
  4. Make a payment towards your social investment using Rang De credit or your preferrred payment option.                                                                  

What is Quick Invest?

The quick invest option allows you to make a social investment without choosing individual borrowers. You will be prompted to set your preferences based on which the system will allocate your funds to borrowers. In case, there are no borrowers meeting your preference, the system will allocate it when there are borrowers of your preference.

Are social investments on Rang De exempt from Tax?
No. Only donations made to Rang De for its operations are exempt from tax

Are social investments on Rang De treated as donations?
Social Investments on Rang De are different from donations as the investors get back the principal invested along with a nominal financial return when the borrowers pay back their loan. Even though the financial return is nominal, the social return is phenomenal.

What is my return on social investment?
You will earn an interest of 2.0% flat p.a. (3.5% APY) on your investment to borrowers of business loans. Your interest is calculated from the day the loan is disbursed to the borrower. This typically will be around a month’s time from the date of investment.

Will a social investor get a receipt for payment on making a social investment?
When you make a social investment on Rang De, you will receive an email notification confirming all the details of the social investment. You will receive email notifications for all online transactions that you make on the website. Please get in touch with us if you do not receive these updates.

How will I know that my investment has reached the concerned borrower?
On the day the loan is disbursed, you will receive an e-mail with the details of the disbursement. This typically happens within 5 days after the Invest by Date (the date by which we will raise investments for borrowers).

Is my investment and return assured?
Any social investment made via Rang De is for an unsecured loan for a low income household. Your investment and return are not assured. We recommend that you invest smaller sums of money across borrowers in different geographies to de-risk your self.

What will be the mode of repayment to the social investors?
When the loan matures (the loan is completely repaid by the borrower) you will receive an e-mail informing that the loan has been fully repaid. You will have two options: either to reinvest the money or opt to withdraw it to your bank account. In case of the latter the you will have to provide the details of your bank account and Rang De will make an online transfer. Withdrawals can only be made to a bank account in India.

In what time will I get my social investment repaid?
You will get back your entire social investment at the end of the loan tenure (typically 1 year or 2 years) with a return of 2.0% flat p.a. (3.5% APY) provided there is no default. However your principal plus interest is repaid as equated monthly installments. So, you do not really have to wait until the end of the loan tenure.

What are the payment options I can use to complete my social investment?
If you are an Indian National Living In India, you can use the following payment options to complete your social investment

  • Credit/Debit Cards - MasterCard, Visa and SBI ATM-Cum Debit Cards
  • Netbanking
    • ICICI Bank
    • State Bank of India
    • Axis Bank
    • IDBI Bank
    • Union Bank of India
    • Punjab National Bank (Retail and Corporate Accounts)
    • HDFC Bank
  • NEFT Transfer to our bank account after completing your social investment
  • Drop a cheque at an ICICI, HDFC or HSBC ATM in India

If you are an Indian National Living abroad, you can use the following payment options to complete your social investment

  • MasterCard and Visa Credit Cards of any currency
  • Netbanking
    • ICICI Bank
    • State Bank of India
    • Axis Bank
    • IDBI Bank
    • Union Bank of India
    • HDFC Bank
    • Punjab National Bank (Retail and Corporate Accounts)

Please note that Rang De has a special arrangement with its Payment gateway provider, under which you will NOT be charged any foreign transaction fee.

What is the invest by date?

For every loan borrower who applies for a loan, there is a waiting period of 30 days during which the loan amount needs to be raised. The invest by date indicates the cut off date by which social investors need to make investments to the borrower.

Why does the borrower pay 8.5% flat p.a.(15.33% APR) when the social investor only gets a return of 2% flat p.a. (3.5% APY)?
As a social investor, Rang De gives you the same return that you would earn on your savings bank account. The 8.5% flat p.a. which is paid by the borrower is split among the field partners, social investors, Rang De and fund for contingencies. The social investments that you make are received by Rang De’s field partners who are responsible for identifying borrowers, disbursing loans and collecting repayments. The Field partner incurs expenses and the 5% is just enough to manage these costs. Rang De gets 1% flat on every loan for its operational costs and 0.5% is kept aside for contingencies.