CashX lanka is a simple and quick solution to financial problems from the comfort of your home in just 5 minutes! You can get a loan amount up to Rs 50,000. The money will be instantly transferred to your account. You will need only ID number. With Cash X lanka you can prolong your loan at any time!
If you have an Internet connection and a bank card, you can obtain a online loan within an hour, without being restricted to a specific location from CashX. This particular service has gained immense popularity, and we will enlighten you on the reasons behind it and the appropriate usage of this service.
Cash X loan: What can I use the money for?
Cash X loan can be useful in various situations. Here are some practical examples:
- You require funds, but you are away from home, such as in a different city or on vacation.
- Your salary is delayed, and you lack funds for daily expenses like groceries or transportation.
- You urgently need to make a purchase or hire a service, but you don't have time to retrieve cash from home.
- You need to improve your credit history quickly. Even taking out an online loan in cashx.lk for a minimum amount and a short period can have a positive impact on your credit score.
- Your budget is meticulously planned, and there are unexpected expenses that require immediate attention.
In such cases, speedy access to funds is necessary. Borrowing from friends or relatives may not always be a viable option, so obtaining a quick loan can be an easier solution.
Looking for the quickest and most convenient way to get an online loan in Sri Lanka?
Typically, online lending services are provided by Cash X rather than banks. Although banks offer online loan applications, you'll still need to visit the nearest branch for a face-to-face meeting with a credit manager after your application has been reviewed. This entire process can take several business days.
If you need immediate access to funds, or you prefer not to contact a bank due to a damaged credit history or lack of official employment, CashX provides online loans that might suit your needs.
Benefits of obtaining an online loan to a bank card
Compared to consumer loans obtained through banks, online loans from MFIs offer several advantages, including:
- Flexibility in urgent cash loan amount and duration;
- Fewer client requirements (we'll explain further below);
- Online loans can be disbursed to any bank card;
- CashX operate 24/7, so you can submit an application at any time, day or night, even on holidays.
We also recommend reading this article: Benefits of applying online loan at CashX.
CashX loan - What are the requirements?
Requirements for obtaining an online loan Sri Lanka: Before submitting an application on cashx.lk, it's important to carefully review the terms of service. It's possible that the conditions may not be suitable for your needs or you may not meet the borrower requirements.
The main conditions for cooperation (online loan to the bank card) with CashX Sri Lanka include the following points:
- Be between the ages of 20 and 60, employed or have a stable source of income.
- Provide accurate personal and bank account information.
- Register the telephone number used in your application under your name.
- The minimum loan amount is Rs.5000, while the maximum is Rs.50000;
- The loan term is 5-30 days;
- Applicant must be a citizen of Sri Lanka.
- Include a landline number at your place of work.
- Provide a valid National Identity Card, Passport, or Driving License for identity verification.
CashX is a reputable lending service that may be relatively new in Sri Lanka, but has already established itself as a reliable option for borrowers. The service is available in various cities across the country, so you can apply and receive funds no matter where you are located.:
- Ratnapura, etc.
A representative example (period 6 days)
|Loan amount||Settlement amount|
|RS 5,000||RS 5,550|
|RS 10,000||RS 11,100|
|RS 20,000||RS 22,200|
|RS 40,000||RS 44,400|
You apply for Rs. 5,000.00 and choose comfortable repayment over 10 days, your payment will be only Rs. 5,750.00 per 10 days, so your total cost of the loan will be Rs. 750.00 per 10 days.
Despite these simple requirements, it's important to consider them before applying for a loan. However, if you are in a financial bind and need money quickly, the CashX Sri Lanka service can be a good option.
Here's a step-by-step guide on how to quickly and easily obtain an online loan:
- Create your personal account on the CashX website
- Sign the contract with CashX
For more detailed information, refer to the "How to apply for a loan" page.
Recommendations for Cashx clients:
- The loan repayment amount, including all interest, will be displayed when you submit your application.
- Avoid waiting until the last day to make your payment. If your transfer is delayed or you're unable to send it on time, you'll be considered overdue.
- If possible, consider paying back the loan early or in installments as it's more cost-effective since interest is only calculated on the actual balance.
- Take note of any commissions when repaying the loan.
- you have any questions regarding CashX's services, please contact their customer support team via phone or through the website's live chat feature.