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.
Table of Contents
LazyPay Peronal Loan Quick Recap
| Interest rate | 18% to 25% per annum |
| Loan Amount Income | From 10,000 to 1 lakh |
| Approval Process | Online |
| Income Required | Rs. 30,000 per month |
| Loan Tenure | 3 months to 24 months |
| Eligibility Age | 22 years to 55 years |
| Processing Fees | 2% + GST |
| Eligible For | Salaried 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 rate | 18% to 25% per annum |
| Late Payment Charges | 30% of the due amount + GST |
| EMI Overdue Fees | 26% per day of the due amount |
| Bank Bounce Charges | Rs. 300 per payment month |
| Processing fee | 2% + GST |
| Minimum Loan Tenure | 3 months |
| Maximum Loan Tenure | 24 months |
LazyPay Loan Late Payment charges
| Up to Rs. 200 | NIL |
| Rs. 200 to Rs. 499 | Rs. 50 charge |
| Rs. 500 to Rs. 1,999 | Rs. 100 charge |
| Rs. 2000 to Rs. 4,999 | Rs. 150 charge |
| Rs. 5000 to Rs. 9,999 | Rs. 300 charge |
| Rs. 10,000 to Rs. 24,999 | Rs. 400 charge |
| More than Rs. 25,000 | Rs. 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 Amount | From Rs. 10,000 to 1 lakh |
| Repayment Tenure | From 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.
