emergency loans

You can get an emergency loan online as fast as the today or next business day with GostFinance. Emergency loans help cover unexpected expenses, like urgent car or home repairs. Compare options from online lenders and learn how to choose a safe loan.

Best Lenders for Emergency Loans Online

0% for first loan
Lotus Loan

Lotus Loan to Rs.40 000

Loan Amount 10000 - 40000 Rs.
Loan period 10 days to 122 days
Interest Rate 0.01 to 1% per day (max APR 12%)

Apply Now!

0% for first loan
robocash

RoboCash to Rs.25 000

Loan Amount 5000 - 25000 Rs.
Loan period 120 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 180%)

Apply Now!

0% for first loan
FastRupee

Oncredit to Rs.50 000

Loan Amount 3000 - 50000 Rs.
Loan period 1 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 365%)

Apply Now!

What is the loan term?

  • Minimum loan term: 122 days
  • Maximum loan term: 122 days for first loan
  • Maximum loan term: 182 days for repeat loan

The loan is calculated as follows

  • Loan amount: RS 30.000
  • Loan period: 122 days
  • Consulting fee: RS 3.600
  • Service fee: RS 13.920
  • Interest rate (12% / year) : RS 754
  • Total payment: RS 48.274

Am I eligible for a loan?

You are eligible to apply for a loan if you are:
  • A citizen of Sri Lanka
  • Residing in Sri Lanka
  • Between the ages of 20 to 65 years old
  • Currently employed or generating a steady income

In life, there are many situations that are difficult to predict. And often they involve financial costs. Urgently need to find money for a good gift? Did the doctor write out a large list of medicines? The refrigerator broke down and there is no way to urgently buy a new one? Such situations are easily solved thanks to quick loans. Find out how to get emergency loans guaranteed and how quickly the money is transferred to the borrower.

What are emergency loan

What are emergency loans

This is a popular type of emergency loans. Therefore, lending provides for the issuance of relatively small amounts and for a short period of repayment. But this money is always enough to solve really important urgent issues for which you were not financially ready.

TIP

Payday lenders don't generally assess your debt-to-income ratio or take your other debts into account before giving you a loan.

Features of loans on Gost Finsnce Sri Lanka service:

  • the maximum loan amount for a new client is up to Rs.50,000;
  • for regular users there is an opportunity to borrow up Rs.to 50,000;
  • refund period varies from 3 days to 4 months.

What are the rates for Emergency Loans?

They are higher than classic long-term loans. But getting them is much easier. This is an almost trouble-free lending option, and an online loans is transferred to the card within 7 minutes from the moment the application is made.

On the Gost Finance website, there is transparent and honest cooperation with borrowers. Each client can independently find out what the commission on the loan will be and what total amount as a result is required to be paid. For this purpose, the site operates an online loan calculator. Enter the indicators of the amount and term of the loan you need - and you will see the calculation of the commission and the final date of repayment of the loan.

Can an emergency loan be denied?

Can an emergency loan be denied?

In practice, this happens very rarely. Even clients with an old negative credit history can safely apply for a loan - they are guaranteed to receive funds. Clients who have open debts at the moment can refuse. The system monitors information about the borrower and in a matter of minutes issues a decision on issuing or refusing to lend.

How to apply for emergency loans online

The procedure is very simple and does not take much time. To get an online loan on a card, you need to follow these steps step by step:

  • in the online calculator, set the loan amount and the duration of its repayment;
  • send the application and the completed questionnaire for consideration;
  • authorize your account on the service through a code that is sent via SMS;
  • after 7 minutes, get a response from the service;
  • if it is positive, the money will instantly come to the bank card.

Please note that urgent loans are issued without any inconvenience for the client. The loan is issued without a call, no income statement, presence of a guarantor or movable/immovable property is required. A minimum package of documents is required - National Identity Card (NIC). It is also important that the specified mobile phone number is active - it will receive an SMS with a code.

Partial or early repayment

Partial or early repayment

If you have money earlier than you planned to pay off the debt, then you can pay off the loan ahead of schedule. There are no additional fees for this. The earlier you close the loan, the less you pay for the use of funds.

TIP

Emergency Loans can be easier to arrange, especially for people with limited credit history and other financial challenges

Another savings option is partial repayment. It is necessary to cover the flow commission on the loan, and the rest is calculated from the amount of the total debt. From the moment you repay part of the loan, the commission is recalculated only on the remaining amount of the debt. It is also an opportunity to pay less than what was envisaged at the time of applying for an emergency loan.

FAQ - Easy Personal Loan

How do I get the money

You will receive the money into your bank account that you provided in the application form. Once we transfer the money we will inform you with an SMS.

What can I use the money for❓

It’s up to you how to spend this money. We are helping you with any plan you have in mind to improve your life or to resolve a problem.

Any prerequisites before applying for a loan❓

You won’t need to submit any personal documents. Just have the following details ready when you apply: Personal Information; Your bank account details.

How long does it take to receive the money from the loan application❓

Generally, once your loan is approved upon verification, within 2 hours your money will be credited to your Bank account provided in the application process.

When is my loan due❓

You can check when your loan is due during the application process, or upon approval you will receive an email with the agreement attached which will state the loan due date. If you are still in trouble finding it, you may reach us through our general line or general email for details.