Thoughts on Per Annum/Lendbox? - Claims up to 11% fixed income, daily payout with low risk - P2P lending and others

[gabzvee]

I came across this while looking for alternate places to park cash for bigger investments.
Others were MobiKwik Xtra, Fi Jump, Cred Mint, etc

This is the site - https://www.lendbox.in/perannum/

Flexi plans as well as fixed plans available, with upto 9% on flexi plans!

Too good to be true?
If yes, then what better alternatives are available? Other than Corporate Bonds and FDs