LazyPay provides up to 1 lakh buy now pay later loans. The minimum loan starts from Rs. 10,000 with an 18% to 25% interest rate per annum. This is a fast & quick loan Provider Company.
Apply for a LazyPay personal loan & get the approval within 30 minutes.
LazyPay Personal Loan Quick Recap
| Interest rate | 18% to 25% per annum |
| Loan Amount | From 10,000 to 1 lakh |
| Income Required | Yes |
| Loan Tenure | 3 months to 24 months |
| Eligibility Age | 22 years to 55 years |
| Processing Fees | 2% + GST |
| Eligible For | Salaried Person / Self Employed |
Features of LazyPay Personal Loan
Fast Process: Within 30 minutes, you will get the approval message. LazyPay is offering a quick & fast process.
Flexible Tenure: Loan repayment tenure starts from 3 months to 24 months. You can select the tenure as per your choice.
Collateral Free: This is a collateral-free loan service. You can get the loan without any guarantor.
Minimum Documents: You have to submit just KYC documents to get the loan approval. Upload your Aadhaar Card & Pan Card to get the loan.
Higher Loan Amount: LazyPay is giving Rs. 10,000 to 1 lakh instant loans. If you have a good Credit score, you will get a higher loan amount.
Online Process: This is a fully digital process. You can apply for the loan online.
Trusted Company: LazyPay is part of PayU Company which trusted brand.
LazyPay Personal Loan Interest Rate
| Interest rate | 18% to 25% per annum |
| Minimum Loan Tenure | 3 months |
| Maximum Loan Tenure | 24 months |
Fees & Charges
| 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 |
Also Read: Paytm Business Loan
Late Payment charges
| Up to Rs. 200 | NIL |
| Rs. 200 to Rs. 499 | Rs. 50 charge + GST |
| Rs. 500 to Rs. 1,999 | Rs. 100 charges + GST |
| Rs. 2000 to Rs. 4,999 | Rs. 150 charges + GST |
| Rs. 5000 to Rs. 9,999 | Rs. 300 charges + GST |
| Rs. 10,000 to Rs. 24,999 | Rs. 400 charges + GST |
| More than Rs. 25,000 | Rs. 500 charges + GST |
LazyPay Personal Loan Eligibility
- Indian Citizenship
- A good CIBIL Score required
- The age should be 22 to 55 years.
- Monthly income required
Documents Required
- Proof of ID like an Aadhaar Card / Voter Card
- Pan Card
- Active Bank Account
- Selfie of Applicant
How to Apply for LazyPay Personal Loan
Step 1: Click on the “LazyPay Personal Loan” button & download the LazyPay application.
Step 2: Sign up with a mobile number & provide Pan Card details.
Step 3: Upload KYC documents (Aadhaar Card & Pan Card).
Step 4: After eligibility, complete the auto bill payment system.
Step 5: Now use your credit limit as an instant loan or convert it to EMI.
Also Read: Fi Money Personal Loan
LazyPay Customer Care
For any queries, you can contact LazyPay customer care.
Customer Care Number: 08069081111 (Mon to Sun, 9 AM – 9 PM)
Official Email ID: [email protected]
FAQs on LazyPay Personal Loan
Is LazyPay an interest-free loan?
Use LazyPay credit limit with 15 days tenure. If you pay the due credit limit within 15 days, you don’t need to pay any interest.
Can I transfer the LazyPay credit limit to my bank account?
You can use the LazyPay credit limit to a bank account through UPI and rent payments. Use Phone pay or Paytm to use UPI or Rent Payment option and transfer money to the bank account.
What is the interest rate LazyPay personal loan?
LazyPay interest rate starts from 18% to 25% per annum.
How much loan is available through LazyPay?
LazyPay provides Rs. 10,000 to 1 lakh instant loan.