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difference between active and passive income

Active Income vs. Passive Income: Understanding the Difference!

January 22, 2024

Active Income vs. Passive Income: Understanding the Difference!

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IndiaP2P (Trickle Flood Technologies Pvt Ltd), an RBI-certified NBFC-P2P having registered address at 601 Links Building, Road No. 14, Corner of Khar and Pali, Khar West, Mumbai 400052 hereby cautions the general public that some unscrupulous parties are trying to mislead the public by acting as loan facilitators for IndiaP2P and seeking fees in cash in lieu of fake paper documentation or online application.
We hereby declare that IndiaP2P does not work with any facilitators and does not seek any upfront fee for loan applications.
The general public is further warned that IndiaP2P shall not be held liable for any loss or inconvenience caused by such fraudulent practices in the future or in the past.

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Reserve Bank of India is not liable and does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by IndiaP2P.com, operated by Trickle Flood Technologies Pvt Ltd. and does not assure of repayments of the loans lent on it.

IndiaP2P.com is an Intermediary under the provisions of the Information Technology Act, 1999 and virtually connects lenders (also called investors) and borrowers through its website and mobile applications. The loan transaction is between lenders and borrowers at their own discretion and IndiaP2P is neither party to the transaction nor does it provide any assurance or guarantee of loan disbursement to borrowers or returns to the lenders. The information provided on the platform is diligence and checked on a best efforts basis without guaranteeing its accuracy. Any investment decision taken by the lender on the basis of this information is at the discretion of the lender and IndiaP2P does not guarantee that the loan amount will be recovered back from the borrower(s) fully or partially.

The Company is having a valid Certificate of Registration dated March 1, 2021 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the Reserve Bank of India does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the Company and for the repayment of deposits/discharge of liability by the company.

Trickle Flood Technologies holds RBI COR No: N.13-02409 dated 01/03/2021

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