LazyPay app is a part of the PayU group. It provides instant loans of up to ₹ 1 lakh through its app. The application process is completely digital and secured. However, it doesn’t offer cash loans instead it provides a credit line that can be used anytime. It also provides various features like interest-free shopping, LazyPay pay later options to its users. The best part about the LazyPay app is, it offers instant personal loans at a lower interest rate

Features and Benefits of LazyPay

  • No Collateral Required: Getting a personal loan from a traditional lender can be a difficult task because some of them ask for security such as gold or any other forms of assets but at LazyPay you need not pledge any security to the lender as it provides instant personal loan without asking for any security. 
  • Paperless Application: Applying for a personal loan at LazyPay is a memorable experience as the application process is completely digital. From submitting your documents to the loan disbursal, you can rely on the LazyPay app.
  • Lifetime Credit Limit:  LazyPay offers you a credit limit for the lifetime that means if you need any sort of financial assistance, you can open the LazyPay app and use that limit. The best part of the pre-approved credit limit is, you will be charged for the used credit rather than the whole limit.
  • Instant Fund Transfer: After getting the approval from LazyPay, the funds will be transferred to your account directly. That means you don’t have to wander anywhere to get the loan amount.

LazyPay Personal Loan Interest Rate, Processing Fee, And the Loan Tenure

Lenders Name


Interest Rate

15% – 32% P.A.

Processing Fee


Loan Amount

₹ 10,000 to ₹ 1,00,000

Loan Tenure

3-24 months 

Eligibility Criteria to Avail LazyPay Personal Loan

  • The applicant’s age should be between 22 – 55 years.
  • The applicant should be an Indian resident.
  • The applicant should be a salaried individual.
  • The applicant should be residing in either tier 1 or tier 2 city.

Documents Required for LazyPay Personal Loan

  • PAN Card
  • Identity proof – Aadhar Card
  • Address proof- Aadhar card/ Voters ID card/passport/Driving license/ Utility bill
  • Bank details- Account number/ IFSC code/ Branch detail
  • Selfie

LazyPay EMI Calcualtion

LazyPay instant personal loan works like a credit limit which means you get a credit limit to use it later. However, the interest is charged on the used amount but before applying for a personal loan from the LazyPay app, take the help of an EMI calculator to plan your repayment at your convenience.

EMI calculator is a free tool and easy to use. You just need to enter the loan amount, interest rate, and the desired repayment tenure. Once you do all this, the EMI calculator will show you the results as shown below. 

Assume, you take a personal loan of ₹ 50,000 from the LazyPay app at an interest rate of 15% p.a for 6 months, then you will see the results as shown in the following tables.

Loan Amount

₹ 50,000

Interest Rate

15% P.A.


6 months









₹ 8,077

₹ 625

₹ 8,702

₹ 41,923



₹ 8,178

₹ 524

₹ 8,702

₹ 33,746



₹ 8,280

₹ 422

₹ 8,702

₹ 25,466



₹ 8,383

₹ 318

₹ 8,702

₹ 17,082



₹ 8,488

₹ 214

₹ 8,702

₹ 8,594



₹ 8,594

₹ 107

₹ 8,702

₹ 0


Use an EMI calculator for free.

How to Use LazyPay App

  • Navigate to the download LazyPay app option on the official website.
  • After downloading the app, enter your mobile number to login.
  • Enter your PAN card details to check your loan eligibility.
  • Complete your loan application by uploading your documents.
  • Enter your bank details to receive the funds.

LazyPay Customer Care

If any user experiences any kind of hassle, then he can send an email to the LazyPay customer care at the following address.:-


Q1How to increase the credit limit using the LazyPay app?
First of all, clear all your outstanding dues. Once you do this, your credit limit will automatically increase.
Q2What are the various ways to repay the loan amount?
By using the LazyPay app you can repay your loan amount. The process is simple, all you need is to make payments through net banking, UPI, debit card or credit card.
Q3What is the maximum credit limit that a user can expect from the LazyPay app?
The maximum limit of the LazyPay app is 1 lakh. You can have access to this limit for lime time. The fun part is that the interest is charged only for the amount you use. Suppose you use ₹ 50,000 from a credit limit of ₹ 1 lakh, then the interest will be charged on the ₹ 50,000.
Q4What kind of expenses can be covered from LazyPay's loan?
LazyPay personal loans can be used for utility bills, traveling, early salary, credit card refinancing, and much more.
Q5What is LazyPay cardless EMI option?
If you shop online by using LazyPay app, you can convert the whole amount into EMIs to make the repayment convenient for you.
Q6What is interest-free shopping via LazyPay pay later?
When you purchase anything using the LazyPay app and repay the loan amount within 15 days, then you can enjoy an interest-free shopping experience.
Q7What are the details required for LazyPay login?
To do signup or Lazypay Login, you just need to enter your mobile number. See all the steps mentioned above to use the LazyPay app.