Offering instant personal loan of upto Rs. 1 lakh, Lazypay is an online lender that ensures that you get instant funds during a financial emergency. The process to apply for Lazypay personal loan is completely online and requires minimum documentation. At LazyPay, you get convenient repayment options and can repay the loan within flexible tenure ranging from 3 to 24 months.
List of Documents Required for Lazypay Personal Loan
- Photo ID Proof: Aadhaar Card (front and back side)
- Bank details: Account Number, IFSC Code, Branch Detail
- Address Proof: Aadhaar Card, Voter ID Card, Passport, Electricity Bill, Driving License, Water Bill, Cooking Gas Bill, Voter ID Card, Passport, Property/Municipal tax receipt, Letter issued by National Population Register
- A passport size photograph
Lazypay Personal Loan Eligibility Criteria
- You should be at least 18 years old
- You should be an Indian citizen
- Your KYC process should be completed
- You should either be a salaried individual or a self- employed professional.
- Your minimum monthly income should be Rs. 30,000
- If you are a salaried individual, you must be with the current employer for the last six months or more
FAQs
Is it possible to extend the repayment date of Lazypay Personal Loan?
No, the payment date is fixed during the loan approval and should be adhered at all costs. If you have some technical issues, you can reach out to the customer support team.
What is the interest rate of Lazypay Personal Loan?
The interest rate of Lazypay varies from 18 to 32% p.a.
What can I show as address proof?
You can submit your Voter ID, Passport, driving license, electricity bill, bank’s passbook or landline/mobile bill.
Are the interest rates negotiable?
The interest rates are negotiable as per the credit score and the amount of loan and tenure of EMI’s you are opting for, but Lazypay’s decision will be the final decision.