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 and 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 must submit only KYC documents to get the loan approval. Upload your Aadhaar Card and PAN card to get the loan.
Higher Loan Amount: LazyPay gives instant loans from Rs. 10,000 to 1 lakh. 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, a 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: wecare@lazypay.in
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 the 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 loans.