What is the eligibility criteria with LazyPay?
To get approved and to enhance your LazyPay limit, check your eligibility against the following criteria:
- Age : You must be between 22-55 years old
- City : All major tier I and tier II cities
- Salaried
- Resident of India
What Documents do I need?
Keep these documents handy to speed up the sign-up process
- Photo ID proof List
- Address proof List
- Bank details (a/c no, IFSC code)
- A selfie Guidelines
Sample EMI Calculator
Why LazyPay?
Complete Digital Process
Check your eligibility for a limit within minutes, with just a few details
Secure
We maintain the highest level of security, rest assured all your information is safe with us
Minimal Documentation
With just your PAN, Aadhaar & photograph, you can get access to funds
LazyPay Personal Loans when you need them
Two-wheeler Purchase
Travel Expenses
Medical Emergencies
Education and course fees
Home Renovation
Wedding Expenses
India loves LazyPay
10+ Lac.
App Installs
1+ Cr.
Credit Transactions
₹500+ Cr.
Credit Disbursed
EMI
₹18,999
Bought a new TV
EMI
₹23,000
Purchased a Microwave
EMI
₹21,820
Bought a New Fridge
EMI
₹54,560
New Phone from Flipkart
Pay Later
₹425
Recharge TataSky Account
Pay Later
₹1,150
Get movie tickets
Personal Loan
₹54,560
To go on a holiday
Personal Loan
₹66,000
Planned family holiday
Scan & Pay
₹1,140
Paid Electricity Bill
Personal Loan
₹95,530
New Bike
EMI
₹19,500
New Phone from Flipkart
EMI
₹10,999
Bought an Oven Online
EMI
₹35,399
Purchased a DSLR
EMI
₹17,990
To buy a Washing Machine
EMI
₹17,990
To buy a Washing Machine
EMI
₹15,890
Ordered an AC online
Personal Loan
₹37,990
Renovated my Flat
Personal Loan
₹35,000
Used to study a digital course
EMI
₹17,990
To buy a Washing Machine
Scan & Pay Later
₹7,990
Used for Shopping
Get the App and get started with Lazypay
Download the LazyPay app, get your credit limit and enjoy making those purchases like you never have !!!
Or send the link directly to my mobile phone
Why do you need a home renovation loan?
You do need a home renovation loan or a home improvement loan as it is often called in case you need to renovate, refurbish and transform your home anew after a prolonged period. Also, you may require a personal loan for home furnishing in order to change all the furniture items and fixtures that have grown old and replace them with more contemporary and practical furniture that appeals to you. Getting funding in the form of a home renovation loan is now possible online. You will naturally require funds for renovating or doing up your abode since there are multiple costs right from paint jobs and plumbing to other repairs and furnishing changes.
Why use up your savings for completing these tasks when you can simply apply for a home renovation loan online with LazyPay . It is the surest and best source of quick funding for this purpose and gives you swift access to funds up to Rs. 1 lakh. You only need to download the LazyPay app and complete the one-time approval/verification procedure for obtaining your credit/funding limit. Once you get this, you can borrow money seamlessly and pay it back via auto-debit from your bank account.
How to apply for a home renovation loan and obtain it?
Applying for a home renovation loan can be a really simple affair if you’re using LazyPay. Now you can apply for your house improvement loan in a series of really simple steps. These include the following:
- Download your LazyPay App and then sign-in.
- You will have to complete the process by providing your PAN Card number and mobile phone number.
- The sign-up procedure does not take much time.
- Have all necessary documents at hand for finishing the process and also finalizing your limit for credit or funding.
- The documents provided will help in finalizing this threshold for one-time approval.
- Once the automatic repayment mechanism is set up by providing your bank details, the process will be finished. This ensures hassle-free repayment of the loan amount every month.
- You will be paying interest only on the actual amount used and not the whole limit that has been approved.
- The loan process involves minimal documentation and zero collateral, along with zero bank visits.
- Upon completion of the entire process, the sum taken by you up to Rs. 1 lakh will be disbursed directly to your bank account.
- You can now use this amount for funding your home renovation needs.
As you can see, the application procedure for a home renovation loan is pretty simple actually and does not involve too much time or effort on your part.
Your guide to the eligibility criteria for your home renovation loan
Your guide to the eligibility criteria for your home renovation loan
- You should be between 22-55 years of age
- You should be a salaried professional
- You should be residing in a major Tier-1 or Tier-2 city
- You should be an Indian resident
The key documents for this process are listed below for your perusal:
- Photo ID (Aadhar Card front and back)
- Address Proof (Aadhar Card/Passport/ Voter ID Card/ Water Bill/ Electricity Bill/ Driving License/ Bank Statement/ Cooking Gas Bill/ Municipal or Property Tax Receipt/ National Population Register-issued Letter/ Post-paid mobile phone bill/ Official allotment letter for accommodation from Employer &/ Government/ Broadband Bill/ Telephone Bill/ Latest Utility Bill/ Registered Rental Agreement)
- Bank Details- IFSC Code, Account Number Branch Information
- Selfie for Verification- You should snap a Selfie that should display your full face and should not be showing any nudity. The expression on the face should be normal, and the photograph should not be in black and white or mono-colour. It should not be a screenshot or a photograph taken of a physically printed photograph. The photograph should be absolutely clear and visible while matching with the photograph in your ID
The real convenience that you get with LazyPay for your home renovation loan is that you do not have to go anywhere to obtain funds physically. You do not have to go through the time consuming and exhausting process of applying for loans at a financial institution which requires huge paperwork and multiple stages of verification or approvals.
Here, you only have to download an application, provide details for one-time approval and verification and get a finalized credit limit. You can now borrow within this limit from time to time and pay interest only on the actual amount used. The sheer convenience and effectiveness of this system are what makes it a great choice for funding the home renovation, repair and other necessary work on your abode.
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