New Student Offer Use Code - HELLO

Join Here

LazyPay partnered with SBM Bank India

Published on January 13, 2022
Current Context: PayU Finance’s Buy Now Pay Later (BNPL) solution named LazyPay has partnered with SBM Bank India.
LazyPay partnered with SBM Bank India
  • They have partnered to launch LazyCard, which is a prepaid payment instrument.
  • The LazyCard will be supported with a credit line and will work on the Visa payment network.
  • It is predicted that the card will reach over 62 million pre-approved users of LazyPay.
  • It has a credit limit of up to 5 lakhs.
  • The LazyCard can be availed at zero joining fees and zero annual fees.
  • Various multiple transactional benefits and rewards are linked to it.
  • It is comprised of various booster features which will allow the user to get access to the card by setting up a fixed deposit with SBM Bank India through the digital way of the mode of transactions.
  • Thus, the user will secure money through fixed deposits with a high rate of interest than savings.
  • Static Part: 
    • HQ of SBM Bank India: Mumbai

Question: 

Q.1 In partnership with which bank has LazyPay launched ‘LazyCard’, which is a prepaid payment instrument?
a. DBS Bank India
b. SBM Bank India
c. ICICI Bank
d. Axis Bank
ebook store

About Me

Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu