LazyPay Personal Loan: Apply For Instant Loan Up to 1 L

LazyPay is a brand of PayU. You can borrow a loan from Rs. 10,000 to 1 lack through LazyPay. Apply for a LazyPay personal loan with minimum documents. Repay the loan amount from 3 months to 24 months.

LazyPay Peronal Loan Quick Recap

Interest rate18%  to 25% per annum
Loan Amount IncomeFrom 10,000 to  1 lakh  
Approval ProcessOnline
Income RequiredRs. 30,000 per month
Loan Tenure3 months to 24 months
Eligibility Age22 years to 55 years
Processing Fees2% + GST
Eligible ForSalaried Person / Self Employed

What is LazyPay?

PayU Finance India Private Limited, a globally registered NBFC Company with the Reserve Bank of India, owns the LazyPay platform.

LazyPay offers the fastest instant loan which is 100% digital. You can apply for a personal loan through LazyPay. Just need KYC documents & a mobile number to get this personal loan.

LazyPay Personal Loan Benefits & Features

Instant Approval: Apply for a personal loan through LazyPay. It is the instant approval process. Get a quick approval message if you submit the right documents.

Fully Digital: LazyPay is a 100% digital loan provider. You don’t need to go anywhere to apply for this loan. Just apply through the LazyPay app.

Minimum Documents: Submit minimum documents for this instant personal loan. Only need KYC documents like Aadhaar Card & Voter Card for this personal loan.

Affordable EMI: Choose flexible loan repayment tenure. LazyPay offering 3 months to 24 months loan repayment tenure.

 No Hardcopy Required: Don’t need any hard copy. Only submit KYC documents through the online LazyPay app.

Affordable Interest Rate: LazyPay provides instant personal loans with lower interest rates. You can borrow a LazyPay loan from 18% to 25% interest rate.

LazyPay Personal Loan Charges, Interest Rate & Fees

Interest rate18% to 25% per annum
Late Payment Charges30% of the due amount + GST
EMI Overdue Fees26% per day of the due amount
Bank Bounce ChargesRs. 300 per payment month
Processing fee2% + GST
Minimum Loan Tenure3 months
Maximum Loan Tenure24 months

LazyPay Loan Late Payment charges

Up to Rs. 200NIL
Rs. 200 to Rs. 499Rs. 50 charge
Rs. 500 to Rs. 1,999Rs. 100 charge
Rs. 2000 to Rs. 4,999Rs. 150 charge
Rs. 5000 to Rs. 9,999Rs. 300 charge
Rs. 10,000 to Rs. 24,999Rs. 400 charge
More than Rs. 25,000Rs. 500 charge

18% GST will be applicable with these charges.

LazyPay Loan Eligibility

  • Resident of India
  • The eligible age should be 22-55 years old.
  • Salaried Person & Self Employed will be applicable to apply.
  • Monthly salary required Rs. 30,000

Documents Required for LazyPay Loan

  • Pan Card
  • Identity Proof & Address Proof (Aadhaar Card)
  • Personal Bank Account
  • Applicant Signature
  • IF returns file for Self-employed
  • Recent 3 months Salaried Slip for Salaried Person
  • 6 month Bank statement.

LazyPay Personal Loan Amount

LazyPay offers instant personal loans up to 1 Lakh that are 100% digital.

Loan AmountFrom Rs. 10,000 to 1 lakh
Repayment TenureFrom 3 to 24 months

Use Loan Amount on Different Categories

You can use LazyPay instant loan in different categories:

  • Medical Expenses
  • Marriage Expenses Cost
  • Shop Online
  • Home Renovation
  • Travel Expenses
  • Two Wheeler Loan
  • Education Expenses

How to Apply For LazyPay Personal Loan

Just follow the simple step to apply for LazyPay personal loan:

Step 1 Install the LazyPay app from the play store.

Step 2 Open the LazyPay app & enter your mobile number to verify.

Step 3 Enter name & Email address and click on Next.

Step 4 Now click on the instant personal loan tab to get this loan.

Step 5 Select Loan amount & repayment duration and click on the “Get Started” button.

Step 6 Fill in your details like Pan Number, monthly income & address.

Now LazyPay checks your credit history & gives you a credit limit. If your credit history is good, you will higher credit limit.

LazyPay Personal Loan Customer Care Number

You can contact the LazyPay customer care number for a loan or other related queries.

Customer Care Number: 02067314111 (Call between 10 am to 7 pm)

Email Address: you can contact LazyPay customer care through Email.

FAQs of LazyPay Personal Loan

How do I get a higher loan from LazyPay?

LazyPay offers up to 1 lakh personal loans. You can get a higher loan if you have a good credit history. LazyPay only checks credit history before giving any loan amount.

Is LazyPay RBI approved?

LazyPay is owned by PayU, which is RBI registered NBFC company. 

Can I withdraw money from LazyPay?

Yes, you can withdraw your credit limit through LazyPay. But repay this loan amount within the due date. 

What is the Lazypay loan repayment date?

Lazypay generates the repayment date on the 16th of every month. Pay your due on this date to maintain good credit history. 

What is the interest of LazyPay’s loan?

LazyPay taking an 18% to 25% interest rate on a personal loan.

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