Mobikwik Extra not allowing to withdraw full amount
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I had invested only 10k in Mobikwik Extra Flexi on 25th July for a locking period of 1 month and that amount was re-invested on 25th August, at that time I was trying to withdraw, but I couldn't and now when they are getting repayment from borrowers they are allowing withdrawal option but I want to withdraw the full amount please any suggestions or option to withdraw full amount ☹️ I know my amount is very less because many people have invested a lot of amount but the problem is same for all.
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https://www.desidime.com/comments/permalink/10324427
In case borrowers default and don't pay then?
Money gone? Or mobiwk ensures any safety?
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https://www.desidime.com/comments/permalink/10325324
Wait till 12th some of the amount can be withdrawn at that time
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T&C changed, so you have to wait, they can't rotate amount just for you in P2P lending anymore, you have to wait till borrowers repay
as per new T&C because of RBI to NBFC's lending practices
so P2P lending is practically dead now