Earlier, people had to go through a long process to get a loan for their needs. Banks take a lot of time to process the loan for an individual. They require a lot of documentation and formalities to provide a loan. Instant loan is not an option with the banks and other financial institutions. Many private banks have started providing an online instant personal loan to its account holders, but the time taken is more than other sources for an instant loan, and it is also a complex process.
A person can also apply for a loan from friends or family, but people feel a little conscious when transacting money with them. Hence this is out of option. One can also look for taking an instant loan from money lenders, but they charge a very high rate of interest which can lead to a huge sum of interest pile up.
So what if you are informed about an option of getting an online instant personal loan just right at your place? Yes, there is one such platform. LayPay is a popular platform that provides an online instant personal loan to the individual. Yes, LazyPay provides a quick and easy online loan to the user at reasonable interest rates as per their credit score.
Let us discuss about the eligibility for applying for an online instant personal loan at LazyPay. The individual should be a salaried person residing in India’s any of the major Tier- I or Tier- II city. It is recommended that the individual is of the age not less than 22 years and not more than 55 years. When they satisfy these criteria, they can apply for an online instant personal loan. Online loan has now been made easy with LazyPay and its services.
As the individual satisfies the above eligibility criterion, he or she has to submit the following documents for identity verification- A passport-sized photograph, identity address of the individual, address proof of the individual, and may also be required to give PAN card details or Aadhaar details. Along with these documents, he or she may be required to give their bank details like bank account number and the Branch address or IFSC code of the branch. Later, after verifying the identity and the bank details and completing other simple formalities, the individual becomes eligible to apply for an online loan.
LazyPay is known to provide instant loan online and without any collateral security. LazyPay also does not charge huge interest rates like the traditional money lenders. It charges a reasonable rate of interest on the loan amount taken by the user, providing easy repayment options of the Principal and interest. Users can opt to pay in 3 months, 6 months, 9 months, or even 12 months installments. Thus repayment policy at LazyPay is simple and convenient as per the needs of the users because customer satisfaction is the ultimate motto at LazyPay.
The individual can get an instant personal loan of up to rupees one Lakh at the LazyPay. Users can also easily check their credit score at LazyPay application or at the website for free. LazyPay is committed to keeping users happy with quick and efficient service. LazyPay also commits on keeping user information safe and secure. Users need not worry about their information personal as well as financial. They can be completely sure that their information is in the right hands with LazyPay, and LazyPay works diligently to keep the customers satisfied and secure.
So now you know one platform where you need to approach for getting an instant personal loan online. LazyPay also does provide and offers and cashback to users via partnerships with other applications and websites. Like swiggy, MakeMyTrip, and many more. The users thus can get many benefits on shopping on other applications and getting a quick and easy instant loan with just a few clicks. So what to wait for? Get started with LazyPay now and apply for an instant loan. Now you need not make lots of visits to banks and provide collateral for getting the personal loan when LazyPay is at your service any time of the day.
Download the LazyPay app, get your credit limit and enjoy making those purchases like you never have !!!