LazyPay PayLater CashBack ,approval & full Details

What is LazyPay PayLater ?

Update (May 2022): LazyPay is an oldest “ BuyNow PayLater (BNPL) ” in India .

LazyPay BNPL provides high Credit Line upto ₹1 Lakh.

LazyPay is registered as NBFC (Non Banking Financial Service) which is under the low as per RBI .

What can do with LazyPay ( usages of LazyPay BNPL) ?

By using LazyPay ( or any BNPL) , you can purchase online & offline both . It also offer you to pay Rent etc by applying this trick you can transfer available Credit Line ( ₹ money)  in Bank .

 What types of payment method is available in LazyPay?

🙋LazyPay App/web using OTP.

🙋LazyPay Tap to Pay.

🙋LazyPay Card (Prepaid Card but similar to Credit Card).

🙋LazyPay UPI.

🙋 Now , EMI also available on ₹3K+ Shopping.

🙋LazyPay Scan and Pay .

🙋Repayment using UPI , Net Banking etc.

 What is benefits of LazyPay ?

👍No Processing fee.

👍No Joining free.

👍No offline visit , full online process.

👍No intrest charge ( ₹0)  on using it.

👍No Credit Score required.

🙋 Smooth EMI , only fixed ₹100 charge ( lower than credit card)

👍Whole India availability.

👍Instant Approval .

👍Helpful in Emergency.

👍Helpful as giving CashBack on transaction, upto 5% CashBack.

👍Help to build Credit Score* .

What is Negative Side of LazyPay PayLater ?

 Actually, This types of negative side of LazyPay  is not only concern to it but this happens with all BuyNow PayLater.

👎2 billing Cycle in a month.

👎High plenty if not clear due

👎Reports in credit score if bill generated only ( so if you've already credited score , pay before generate due bill that it won't reflect in credit score ( CIBIL) ).

What is eligibility criteria for LazyPay PayLater?

🤌Age: 18 years or above .

🙋Nationality : Indian only .

🤷Device : Android/iPhone ( for use Web version also available)

What is Billing Cycle for LazyPay :

Note: For LazyPay Card, monthly bill .

 There are 2 bills in a month ( only for without Crad)

👉 1st Bill :

                    Generates on 16th of date , 

                      ( pay till 18th of date).

👉 2nd Bill :

                   Generates on 1st date of the month 

                  (Clear due till 3rd Date of the month).

How can I get LazyPay (step by step Process for LazyPay) ? 

1. Go to Play Store/ App Store in Your Phone, search LazyPay & install it.

2. Register with main number .

3. Fill Details Like Name , Email etc.

4. Give permission which require to check for availing it.

5. Enjoy if you get other wise reapply in few days alternatively change mobile number if not getting.

6. Applying not impact on Credit Score but after getting LazyPay , there are many options like - Xpress Cash , applying in it will reflect on credit score.

7. To increase use regularly and pay before generate due bill .

Trick : use SnaPay etc ₹100 many days , next month will increase your limit.

8. Apply for Card if you need , need to give Aadhar OTP for KYC .

9. To avoid Unnecessary fee, Clear bill either till the due date ( try to pay before it if possible) 

Or

Set Auto Pay with Bank ( I suggest you use Paytm Payment Bank which doesn't charge for eNAH mendate)

10. Enjoy All Cashback .

11. Use for Food , online shopping & Cash in emergency by trick like SnaPay/Mobikwik..

If you've any Doubt comments below.