LazyPay Personal Loan Are you looking for an easy and convenient way to get some extra money to meet your personal needs? LazyPay Personal Loan can be a great option for you. With LazyPay Personal Loan, you can get the cash you need quickly and without any hassle.
In this blog post, read on to know more about the benefits and features of LazyPay Personal Loan, the eligibility requirements as well as what documents you need to provide to apply.
LazyPay Personal Loan Highlights
| Rate of interest | 18% per annum |
| loan amount | up to Rs 5 lakh |
| loan period | 3-24 months |
| processing fee | 2% |
What is LazyPay?
LazyPay is a part of PayU which provides financial services in international growth markets. LazyPay company uses innovative technology to provide easy financing options to its customers. You can download LazyPay App from Google Play Store on your smartphone and apply for personal loan.
Lazypay Personal Loan
From LazyPay you can take a personal loan ranging from Rs 3,000 to Rs 5 lakh. The repayment period of this loan is maximum up to 24 months and you are charged a processing fee of 2% of the loan amount.
Lejipaypersonal loan You can use (LazyPay Personal Loan) to meet your personal needs like emergencies, home renovation or family vacation planning etc.
LazyPay Personal Loan Interest Rates
LazyPay Personal Loan interest rates start from 18% and go up to 28%. However, these rates are affected by other factors like your credit score, loan amount, tenure etc.
LazyPay Personal Loan EMI Calculator
LazyPay Personal Loan EMI Calculator is a simple and easy-to-use tool that can help you calculate your monthly EMI in just a few clicks. All you have to do is enter your loan amount, interest rate and tenure in the calculator below, and the calculator will do the rest.
Features and Benefits of LazyPay Personal Loan
LazyPay offers personal loans with a number of features and benefits that make it a great option for borrowers. Some of the key features and benefits of LazyPay Personal Loan include:
- Low Interest Rates: LazyPay offers some of the lowest interest rates on personal loans, making it an affordable option for borrowers.
- No hidden fees: There are no hidden fees or charges associated with LazyPay Personal Loan, so borrowers know exactly what they are paying.
- Fast Approval: LazyPay Personal Loan applications are usually processed and approved quickly, so borrowers can get the funds they need as quickly as possible.
- No prepayment penalty: LazyPay does not charge any prepayment penalty, so you can repay your loan early without any penalty.
- Simple Application Process: Applying for a LazyPay Personal Loan is quick and easy, with no complicated paperwork or long waiting periods.
- No collateral required: You do not need to deposit any collateral like your house or car to avail LazyPay Personal Loan.
- Minimum Documents: Applying for a personal loan from LazyPay requires only your KYC documents and bank details.
Eligibility Criteria for LazyPay Personal Loan
You must meet the following eligibility criteria to apply for LazyPay Personal Loan:
- Your age should be minimum 22 years and maximum 55 years.
- The applicant must be a resident of India.
- The monthly income of the applicant should be at least Rs 30,000.
- If the applicant is a salaried individual, he/she should be with the present employer for the last six months.
- Your credit score should be good. To check your credit scoreclick here Do.
Documents required for LazyPay Personal Loan
Following are the documents required to avail LazyPay Personal Loan:
- A selfie of yours.
- Photo ID proof like Aadhar Card, Voter ID Card, Passport, etc.
- Address proof like Aadhaar, Passport, Voter ID, Driving License, Utility Bill etc.
- PAN card issued by the Government of India.
- Salary slip of last three months.
- Bank statement of last six months.
- IT Returns, Income Proof for Self-Employed Employees.
How to apply for LazyPay Personal Loan?
You can apply for LazyPay Personal Loan throughwebsite You can do this by visiting or downloading LazyPay App in your phone. With the app you can fill out your application and get approved for a loan in just minutes and because the entire process is done online, you can do it from anywhere.
Here’s how to apply for Personal through the LazyPay app:
- Download the LazyPay app from the App Store or Google Play Store.
- Open the app and create an account.
- Enter your basic information including your name, email address, phone number and date of birth.
- Select “XpressCash” from the list of products offered by LazyPay.
- Enter the amount you need to borrow and select your repayment terms.
- Enter your personal, employment and financial details as required.
- Check your loan details and click on “Submit”.
- You will get a decision on your loan application within minutes.
