Lazypay Monthly Repayment Feature - Could be user specific

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Deal Subedar
Random123
LazyPay Terms and Conditions

We are happy to inform you that you have been found to be eligible for availing the benefits of the Monthly Repayment Feature which will be enabled for you with effect from April 01, 2022 (Effective Date).

As part of this feature, you will have your lazy pay statements generated only once a month. For drawdowns or utilizations undertaken by the Borrower under the Facility from the 1st day to the last day of a month, a Statement reflecting the Total Amount Due and the Minimum Amount Due shall be generated on the 1st day of the immediate next month. The Borrower shall be required to repay the Total Amount Due or the Minimum Amount Due by the 3rd day of the month during which the monthly Statement is generated.

In case you have any reservations or need any clarifications, please contact us by sending an email at [email protected]

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Deal Captain Deal Captain
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Yes i too got same email

Royal Challengers Bangalore Royal Challengers Bangalore
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what your limits? I’ve got it too but my brother hasn’t so wondering if its based on Limit. My lazypay limit is 60k

Chennai Super Kings Chennai Super Kings
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popopotato wrote:

what your limits? I’ve got it too but my brother hasn’t so wondering if its based on Limit. My lazypay limit is 60k

I got monthly repayment feature. Limit 5L.

But i will not keep the bill pending. Immediately paid my yesterday txn.

Royal Challengers Bangalore Royal Challengers Bangalore
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thanks got the same

Deal Subedar Deal Subedar
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popopotato wrote:

what your limits? I’ve got it too but my brother hasn’t so wondering if its based on Limit. My lazypay limit is 60k

My limit is 15K and not sure if this is user specific, though generally pay back as and when used

Deal Newbie Deal Newbie
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No need to pay Lazypay bill every 15 days. Now the bill will be generated after end of 30 days. I got this message on WhatsApp (from Lazypay). Not sure if this is user specific or for all. 

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