India's banking and financial services sector has undergone significant development in recent years. In the past, obtaining a loan was a challenge. People then turned to friends, family, or unregistered money lenders for their immediate cash requirements. However, things have radically changed as a result of numerous banks and non-banking financial companies (NBFCs), such as LazyPay, giving various forms of financial aid facilities in India. The widespread availability of loans, including mortgages, auto loans, and loans for consumer goods, has greatly influenced how people live today and their amazing spending power. A personal loan is a different loan kind that has recently experienced tremendous growth in popularity. More and more people are turning to personal loans to address their immediate financial needs. And in response to the enormous demand for these loans, a number of banks and NBFCs have started to provide personal loans with improved features and perks in an e