Polyp segmentation is vital for the early detection and diagnosis of colorectal cancer, challenges such as variability in polyp morphology, low contrast, and imaging artifacts demand advanced segmentation solutions. LWAH-Net is a light-weight, attention-driven hybrid network combining CNN and transformer-based attention modules to effectively capture local and global contextual features. The architecture includes booster encoders for multiscale feature extraction, attention-based bottleneck for attentiondriven global feature modeling, transformer attention-based residual connection and a combined loss function employing Dice, Jaccard, and surface losses to enhance boundary accuracy. With only 0.82 million parameters, LWAH-Net achieved state-of-the-art performance across five datasets. It attains Dice scores ranging from 78.8% (ETIS dataset) to 93.8% (CVC-ClinicDB dataset) and mean Intersection over Union (mIoU) scores ranging from 70.4% to 90.1%, surpassing existing models in accuracy and computational efficiency. The model demonstrates excellent generalization on diverse datasets, highlighting its adaptability for clinical applications in resource-constrained environments. LWAH-Net is a robust and efficient tool that is a new addition for real-time diagnostic systems for polyp segmentation. https://github.com/manansandila/LWAH-Net.