Paisa Bana Powerful

xtra logo

Watch your money grow

Earn high returns

Start investing with ₹1000

Flexible Lock-ins

With early withdrawal feature


Growing Investor Community

₹6122 Cr+

Money Invested


Withdrawals honored

Data as of Apr 04, 2024

more than
Fixed Deposit

Super Safe

Your money is safely invested via RBI-licensed peer-to-peer NBFCs

What is MobiKwik XTRA?

MobiKwik has launched this investment product in partnership with Transactree Technologies Pvt Ltd, one of the largest and oldest P2P licensed NBFCs in India.

What is P2P Lending?

Peer to Peer(P2P) Lending is a technology platform which allows participants to lend and borrow money, cutting out the traditional bank in between.

With technology intervention and smart algorithms, P2P lending companies are able to give small ticket loans for shorter tenure to high creditworthiness borrowers. Investment of as small as Rs 1000 can be distributed to more than 100 borrowers with the use of technology hence diversifying risk. The interest income earned from borrowers are distributed back to investors.

What makes it a great investment?

  1. Supervision & Regulation

    Transactree Technologies Pvt Ltd is governed by RBI and regularly audited. In addition, MobiKwik also supervises these investments.

  2. Proven Track Record

    Combined experience of 10+ years in digital lending.

  3. Withdrawals honoured with full interest

    100% of the users have earned returns upto 14% p.a. so far

  4. Fully automated investment experience

    Zero manual intervention both in investments and while making withdrawals. Free to transact at your convenience.

How to get started?

We can show screens instead.


Download MobiKwik App


Complete the KYC registration process


Click on Xtra


Start your investment journey and earn daily interest

Frequently Asked Questions

  1. What is MobiKwik Xtra?

    Xtra is an investment option that offers you the opportunity to earn upto 14% p.a. by lending directly to creditworthy borrowers. This is done via an RBI-regulated peer to peer investing platform, Lendbox (Transactree Technologies Pvt Ltd)

  2. How will my money be deployed between different borrowers?

    Hundreds of data points of income and expense behavior are assessed before selecting borrowers to whom money will be lent. Investors’ funds will be split into chunks as small as Rs. 1000 and distributed between lakhs of borrowers. This mitigates risk and diversifies investments.

  3. Who can invest in MobiKwik Xtra? Can NRIs invest?

    Any Indian above 18 years (resident or non-resident) or company with an active PAN Card and Indian bank account can invest with Lendbox. NRIs can also invest in Xtra via their NRO bank account.

  4. Is there a fee for investing in MobiKwik Xtra?

    No, Xtra does not charge any investment fee or commission for deposits.

  5. What are the risks with P2P investments?

    As with any lending initiative, there are some risks- the biggest one being that a borrower doesn’t repay. We along with lendbox ensure that we keep  the risk to a minimum, by ensuring that every borrower your money is lent to is identity checked, credit-checked,  and risk-assessed on numerous parameters. Your investment is also diversified across multiple borrowers to minimize risk as much as possible, and all of the borrowers have to sign the legally binding loan agreement. In case of a default, we use legally-compliant collections agencies to follow-up and collect missed payments on your behalf. If a borrower ends up defaulting even after the recovery process is initiated, Lendbox and MobiKwik will earn no income till you get your indicated returns back. Do reach out to us after you’ve read the terms & conditions and have questions before you make your first investment.

  6. How safe is the invested money?

    Your money is routed directly through the escrow (3rd party) bank account which is managed by an  independent trustee and money can be used only to lend to the borrowers.

  7. Are these returns assured?

    While there is no  guarantee of upto 14% per annum, Lendbox risk analysis has proven that this number is probable as the risk of default from creditworthy borrowers of Lendbox is very low. We closely work with our partner in assessing their risk models periodically and ensure low risk for investors.

  8. Which documents do I need to start investing in Xtra?

    If you have already completed KYC with MobiKwik, no extra documentation is required. If not, you only need to perform PAN and Aadhar-based KYC to begin investing with Xtra.

  9. Why does Xtra require my bank account details?

    The details you provide are used to verify your account. This is important as this account is where your invested amount along with the interest earned will be credited. Also, your details are required to ensure that the name on your bank account matches with the provided KYC details as you can only make investments in your own name.

  10. What are the investment options available in Xtra?
    New investments in Xtra are available in Plus, our fixed tenure investment product only. Early withdrawals from Plus is available @ 8% p.a. after a certain duration. The re-structured plans available now are:
    • 1 Month @ upto 10% p.a.
    • 3 Months @ upto 12% p.a.
    • 12 Months @ upto 13% p.a.
    • 24 Months @ upto 14% p.a.
  11. What will happen to my existing Flexi or Plus investments in Xtra?

    We’ve stopped accepting any new investments in Flexi, our any-time withdrawal product. Don’t worry your existing investments in Flexi or Plus are the same as before. You will keep earning the same benefits as before until you withdraw from Flexi or the investment matures from Plus, in which case it will be transferred to the undeployed funds section from where you can either withdraw or invest in the new plans of Xtra Plus.

  12. When does my investment start generating returns?

    After the payment is successful, it takes upto 48 hours for the interest to reflect in your portfolio. 

  13. Will my earnings be compounded?

    Interest earned on your investments is not reinvested. Earnings are added on a daily basis to your account and are available to withdraw based on the investment plan.

  14. Are my earnings taxable? Will tax be deducted when I withdraw my earnings?

    Interest income earned is taxable as per your income’s tax slab and is classified under ‘Other income’. Tax will not be deducted at source, i.e., we will not deduct tax when you withdraw your money

  15. Do I get a tax certificate for my investments via Xtra?

    Transactree Technologies Pvt Ltd (Lendbox) shall issue an interest certificate declaring the interest earned by user during each financial year, and this will be available on Xtra dashboard for the user to download. Paying the applicable tax on income earned is the user's responsibility and MobiKwik or Lendbox is not liable for any default on the same.

  16. I am getting an error while adding my bank account.

    You see an error because online verification of the bank account holder's name has failed against your KYC documents available in the system. Please share a copy of your self-attested bank account statement or canceled cheque leaf with the name of the account holder printed on it along with your KYC documents to for our team to verify and update your bank account details.

  17. How much can I invest?

    You can start your investment with a minimum of Rs. 1,000 and go upto Rs. 10 lacs. If you want to increase your investment beyond Rs. 10 lacs, you can request for Account Upgrade from the app. As per RBI guidelines, for anyone investing above Rs. 10 lacs, a net worth certificate will be required. Post verification of the net worth certificate, the maximum investment limit can be Rs. 50 lacs

  18. What payment methods are accepted on Xtra?

    You can make payment via UPI, Netbanking or transfer funds to your dedicated virtual account number via IMPS/NEFT/RTGS. Via UPI you can transact for upto Rs. 1 Lac. Payment via credit card is not allowed by RBI for P2P investments. Via IMPS/NEFT/RTGS mode, once successful transfer is done, you will be required to submit the transaction reference number/UTR of the transaction for mapping the investment to the respective Plus Plan. Incase of incorrect UTR submission or delay in UTR submission, the investment will go to undeployed funds by default. You can then transfer your funds from undeployed to the respective Plus Plan

  19. Money has been debited from my bank account but Xtra says the payment is unsuccessful.

    Any amount debited from your bank account in such a scenario will be automatically refunded back into the source account within 3-7 working days.

  20. I’m unable to add funds via netbanking.

    This could happen if the amount you are trying to invest is more than the third party transaction (TPT) limit set by your bank account or you have not registered for TPT facility with your bank. In both cases, you can connect with your bank to resolve this.

  21. I’m unable to add funds via UPI.

    This could happen if you have exhausted your daily UPI transaction limit, which is Rs. 1 Lac for most banks and lower for some others. In the case of the new UPI setup on MobiKwik, the initial transaction limit is Rs. 5000 or lower so higher amount transactions will not go through.

  22. How can I transfer funds using IMPS/NEFT/ RTGS?

    For every user there is a unique system generated Virtual Bank Account. You can add this account as a beneficiary in your default bank account and make IMPS/NEFT/RTGS based transfers. Any deposit into this Virtual Bank Account is by default mapped to the undeployed funds section on Xtra dashboard which can then be transferred to any of the Plus plans to start earning interest. Only if you submit the transaction reference number/ UTR of the successful bank account transfer in the payment flow the investment will be mapped to the respective Plus Plan in your portfolio. Please be very careful while adding the account number and sharing the transaction details/UTR as any inaccuracy will lead to failure of automatic mapping of the amount to your Xtra account and will need to be manually resolved after you share the correct details. This manual mapping effort may take upto 7-10 business days and will lead to loss of interest for you.

  23. I’ve transferred funds via IMPS/RTGS/NEFT but my portfolio is not updated.

    It takes upto 30 minutes for the partner to update the portfolio once the correct transaction details/UTR are shared by you. If your amount is still not updated in the portfolio please reach out to us at with your transaction reference number and proof of transaction from your bank account. Successful transaction screenshot or a debit transaction from your bank statement is treated as a proof of transaction for our team to help resolve your issue.

  24. Will I have to pay any fees for withdrawing my funds ?

    No fees or charges are applicable for withdrawal from Flexi mode of investment.

  25. What are the premature withdrawal charges in Xtra Plus?
    Premature Withdrawal Charges in Xtra Plus:
    • For Investment Duration of 1 month –
      0 - Before Maturity – 0% p.a.
      On Maturity – up to 10% p.a.
    • For Investment Duration of 3 Months –
      0-29th day – 0% p.a.
      30th - Before maturity – up to 8% p.a.
      On Maturity – up to 12% p.a.
    • For Investment Duration of 12 Months –
      0-89th day – 0%p.a.
      90th - Before Maturity – up to 8% p.a.
      On Maturity – up to 13% p.a.
    • For Investment Duration of 24 Months –
      0-89th day – 0%p.a.
      90th - Before Maturity – up to 8% p.a.
      On Maturity – up to 14% p.a.
  26. What happens on maturity to my investments in Xtra Plus?

    On maturity, the amount (principal + interest) earned in Xtra Plus can be reinvested or transferred to your primary bank account. If you wish to withdraw funds from Xtra Plus on maturity, please change the “On maturity” preference to “Transfer to Bank” from the Ongoing investment section on Xtra dashboard.

  27. How long will it take for my withdrawal to reach my bank account?

    The time taken to process the withdrawal and receive funds in your bank account depends on when the request has been submitted. If the withdrawal request is submitted on a working day before 4 PM, then the amount will be processed by the end of the same working day. However, if the withdrawal request is submitted after 4 PM on a working day or on a non-working day, then the amount will be processed on the next working day. Please note that all withdrawals are processed on a best effort basis once your loans are sold to the next investor in line.

  28. Can I withdraw multiple times from my Xtra account?

    No, you can only make one withdrawal request at a time. Till a previous withdrawal request is processed, a new withdrawal request cannot be placed.

  29. Who can request for an account upgrade?

    Any user with invested amount equal to or above Rs. 8 Lacs will be provided an option to upgrade their account. To unlock higher investment limits, users are required to furnish a proof of networth of Rs. 50 Lacs.

  30. What is a networth certificate?

    A networth certificate is an official document generated by a practicing Chartered Accountant certifying that an individual has a certain minimum net value.

  31. What is the process of account upgrade?

    You can apply for account upgrade by submitting asset documents that show a minimum net worth of Rs. 50 Lacs. Documents such as bank statements, investment portfolios, NSDL statements, etc that show assets clearly belonging to you are treated as an asset document. Once your documents are received, they will be reviewed by a practicing Chartered Accountant. The CA after verifying and approving the documents generates an official net worth certificate, post which your investment limit is increased to Rs. 50 Lacs. If the documents are not approved, you will be able to see the updated status of your account upgrade request as rejected and option to upload a more recent, clear and valid document.

  32. How safe are my documents?

    Your documents will only be used to review your net worth and upgrade your account. During this process, they will be encrypted with limited access to the reviewers, in short, your documents will be completely safe and will not be used for any other purpose.

  33. What happens when my portfolio value exceeds Rs. 10Lacs?

    In case your portfolio value exceeds Rs. 10Lacs, the extra amount will move into the “Undeployed Funds'' section on the app. This amount will not generate you interest and can be withdrawn to your bank account. Alternatively, you can upgrade your investment limits to Rs. 50 Lacs and invest the additional funds to start generating interest.

  34. What happens if I transfer funds above my investable limit via IMPS/NEFT/RTGS into Xtra?

    In case your portfolio value exceeds Rs. 10Lacs with the additional transaction, the entire amount of the transaction will move into the “Undeployed Funds'' section on the app. This amount will not generate any interest and can be withdrawn to your bank account. Alternatively, you can upgrade your investment limits to Rs. 50 Lacs and invest the additional funds to start generating interest.