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LazyPay Personal Loan

LazyPay is a subsidiary of PayU and is offering personal loans. It is an app based service provider and is helping hundreds in meeting their personal loan requirements. It could be a medical emergency, renovation of home or family holiday plan or a long- due vacation. Starting from Rs. 10,000, the personal loan amount of LazyPay gets disbursed to your account instantly and can be repaid within the tenure varying from 3 to 24 months.
4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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Hassle-Free Application Process

Icon image of No Collateral Requirement

No Collateral Requirement

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End-to-End Expert Assistance

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No Physical Documents Required

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50K1Cr
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Your Monthly EMI Payment

0

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Interest Amount0
Total Amount0

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

About LazyPay Personal Loan

  • LazyPay personal loans are offered at competitive interest rates to meet different personal financial requirements.
  • Consumers who apply through the Paisabazaar can experience a  hassle-free online loan process and end-to-end expert assistance.
  • LazyPay personal loans require minimal paperwork and come with lightening fast approvals
  • These personal loans need no collateral/security and offer flexible EMI options.
  • LazyPay personal loans have zero hidden charges and offer flexible end-usage.

Interest rates of LazyPay Personal Loan

LazyPay disburses personal loan at interest rates ranging from 18% to 28% that are influenced by the factors like your credit score, income, age, employer, etc.

Features/Benefits of LazyPay Personal Loan

Basic internet knowledge is more than enough to leverage the App based personal loan service provider.  Here are the benefits of LazyPay Personal Loan:

  • Easy to avail from the comfort of your home.
  • Swift loan disbursal.
  • Know your loan eligibility within a fraction of a second.
  • Best personal loan interest rates.
  • Choice of loan amount ranging from  Rs. 3,000 to Rs. 5 lakh.
  • Transparent application loan process.
  • Minimal paperwork.
  • Affordable EMIs.
  • Feasible and hassle-free repayment process.
  • Select your own personal loan tenure to meet your requirements – 3 months to 24 months.
  • The credit limit can be increased for professionals with a monthly salary of more than Rs. 30,000.

Eligibility of LazyPay Personal Loan

In accordance with the stipulated guidelines of the government establishments, LazyPay has rolled out the eligibility criteria. A personal loan seeker is advised to measure his/ her eligibility on the basis of these guidelines. The salient feature of the eligibility criteria comprises:

  • An Applicant must be of a minimum age of 18 years.
  • He should be an Indian citizen.
  • His KYC process should be completed.
  • He should either be a salaried individual or a self- employed professional.
  • His minimum monthly income should be Rs. 30,000.
  • If he is a salaried individual, he must be with the current employer for the last six months or more.

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Documentation Required to Avail LazyPay Personal Loan

A set of documents have been necessitated as per the guidelines of the establishments to borrow the LazyPay personal loan. These include:

  • Filled in online personal loan application form.
  • Copy in support of ID proof document – Passport/ Voter ID/ Driving License/ PAN Card/ Aadhar Card.
  • Copy in support of address proof document – Passport/ Voter ID/ Driving License/ PAN Card/ Aadhar Card.
  • PAN card document copy issued by the government of India.
  • Income proof – last three months’ salary slip issued by the current company.
  • Bank statement for the last six months.
  • IT returns, income proof for the self-employed employee.

Additional Charges of LazyPay Personal Loan

The App based financial service provider has in place a transparent business structure for all its customers.

Service Charge
Personal loan processing fee 2%
Bank account bounce charges Rs. 300 per billing cycle

Customer Care/Support of LazyPay Personal Loan

You can visit the official website of LazyPay and can seek customer help by the following ways:

  • Go to ‘need help’ button on the top and click it. A new window will open up with various options. Select a suitable option to solve your query.
  • You can submit the query form.

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

Avail Personal Loan for
All Your Needs

FAQs

Is it safe to use the App based platform for securing the loan?

Yes, as the data and information shared on the app remain safe due to the modern technology.

What’s KYC? Too much focus is being given to this term in the banking and finance sector?

KYC stands for Know Your Customer. Under the process, through certain documents, including PAC Card, Passport and Voter Card, institutions verify the identity of the loan seeker. The objective is to put an embargo on the abuse of services.

Couple of months back, I joined a company. This is my first job. Can I raise application for the personal loan?

Yes, you can raise a loan application. Just complete the online application process. Shortly, you will be informed about the eligibility.

Is it possible to calculate the EMI online through the LazyPay App?

Yes, you can calculate the EMI online or through the app.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Vandana Punj
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Shamik Ghosh

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

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