LazyPay runs as an element of PayU providing immediate individual financing facilities to clients.

LazyPay runs as an element of PayU providing immediate individual financing facilities to clients.


LazyPay runs as an element of PayU providing immediate individual financing facilities to clients. You will get a loan all the way to Rs. 1 lakh with LazyPay. To get that loan, you need to install the LazyPay apply and app.

Benefits/Key shows

  • Instant approval
  • Minimal documentation
  • Flexible payment choices


SmartCoin is an app-based cash financing platform targetted towards the center- and lower-income strata. The attention prices provided by the lending company are from the greater part due to the quick loan tenure.

Benefits/Key shows

  • Paperless application procedure
  • Fast loan disbursal
  • Minimal paperwork
  • Perform loan center available

State Bank of Asia

State Bank of Asia provides SBI Pension Loan to Central or State Government or Defence pensioners whom draw their retirement from some of the SBI branches.

Benefits/Key features

  • Tall quantum of funding
  • Versatile payment tenures
  • Competitive interest levels

Punjab National Bank

Punjab nationwide Bank offers loans that are personal pensioners who draw their retirement through any one of PNB’s branches. This loan could be taken fully to meet up with the medical costs of pensioners through the right time once they require it many. Borrowers can avail that loan numerous times in line with the modification associated with past loan.

Benefits/Key features

  • Tall quantum of funding
  • Appealing interest levels
  • Versatile tenures

Except that the loan that is aforementioned, you can even submit an application for the next schemes:

Bank of Asia

Bank of Asia provides BOI celebrity Pensioner Loan Scheme up to an employee that is retired attracts a frequent pension through the lender branch. The internet retirement of this applicant after the mortgage EMI is deducted ought to be at the least 40percent regarding the total retirement quantity.

Benefits/Key shows

  • Tall quantum of finance
  • Among the interest rates that are lowest on unsecured loans in Asia
  • Minimal paperwork for processing

Prime Minister’s Rozgar Yojana (PMRY)

This scheme aims to offer self-employment possibilities to the educated unemployed youth of this nation. The scheme has encountered many improvements through the years, such as the leisure of norms within the north-east area.

Benefits/Key shows

  • Loan for the unemployed between your chronilogical age of 18 and 35 years
  • No collateral necessary for loans as much as Rs. 1 lakh
  • Choice is likely to be directed at women and weaker chapters of the culture, including SC, ST, or OBC candidates

Pradhan Mantri Mudra Yojana (PMMY) Scheme for ladies

It is a loan scheme launched by the national of Asia in 2015. This scheme permits women to avail that loan in order to begin business enterprise of the very own. There are numerous lenders and NBFCs in India whom offer this loan that is particular to its clients.

Benefits/Key shows

  • Loans are available under three groups – Shishu, Kishore, and Tarun
  • No security or collateral is necessary
  • Interest rates levied is affordable
  • The payment tenure under this loan that is particular may go as much as 7 years
  • A female business owner might avail this loan for working money needs

Penalties and Internal Charges

LazyPay personal bank loan

online payday loans Washington direct lenders

Processing cost 2% associated with loan quantity
Prepayment charges maybe maybe maybe Not relevant, as prepayment just isn’t supported charge that is late each day

State Bank of Asia Pension Loan

Processing fee 0% to 5percent associated with loan amount plus GST
Prepayment charges 3% of this prepaid loan quantity

Punjab Nationwide Bank Unsecured Loan to Pensioners

Processing cost Nil
Prepayment charges Nil
Documentation costs Up to Rs. 450 plus GST

Bank of Asia Star Pensioner Loan Scheme

Processing cost as much as 2% of this loan quantity
Prepayment fees Nil

Pradhan Mantri Mudra Yojana (PMMY) Scheme for females