fastrupee online loan application

FastRupee loan Sri Lanka is a new online lending service that offers quick online loans sinhala to citizens who are in urgent need of money. This service provides loans to people who are unable to obtain credit from traditional banks.

FastRupee loan is a fairly new project that provides loans to Sri Lankans who need fast money. This is a completely online service that helps people who are not given credit by banks.

fr fastrupee

The borrower must be a citizen of Sri Lanka, between the ages of 22 and 80, and have a source of income. FastRupee Sri Lanka offers loans starting at 20,000 LKR for the first time, with fastrupee repeat loan up to 60,000 LKR, with a repayment period of either 3 or 6 months, and an interest rate of 30% per month. While the interest rate is high, this lending service is a good option for those in need of immediate financial assistance. So if you are in dire need of money, you can use this lending service.

This company provides the quickest money loan service in Sri Lanka with the following terms:

  • Borrowers must be aged between 22-80 years
  • Only Sri Lankan citizens are eligible
  • Borrowers must have a source of income
  • First loan amount is Rs. 20,000, and the next ones can be up to Rs. 60,000
  • Loan terms are 3 or 6 months
  • Interest rate is thirty percent per month

The high-interest rate may make you think twice about borrowing money for immediate wishes. It's essential to borrow money from lenders only when it is genuinely required.

fastrupee applying online loan

Fastrupee loan application: How to calculate interest rate?

To determine the exact amount of commissions, use the calculator on the website. By entering the amount you intend to borrow in the left box, you'll see the payout amount with the company's interest rate in the right box. Below are a few examples:

Loan AmountTotal Repayment Amount
Rs. 5.000 Rs. 5.900
Rs. 10.000 Rs. 11.800
Rs. 15.000 Rs. 17.700

How to Apply Fastrupee loan Sinhala?

FastRupee is a speedy and convenient solution for all your financial needs.

FR Fastrupee: The loan application process is straightforward and can be completed within 10-30 minutes. The borrower needs to go to the FastRupee website, select the loan amount and repayment period, and fill out a questionnaire with their full name and telephone number. Once the borrower confirms the request, they will receive an SMS notification regarding the status of their application. If the fastrupee loan application is approved, the money will be deposited quickly into the borrower's account. If for any reason the lender refuses the loan, the borrower can contact the support service for further details.

Follow the steps given below:

  • Visit the official FastRupee website or Fastrupee loan app download
  • Choose the loan amount and period
  • Fill out the questionnaire by providing your full name and telephone number
  • Confirm your request and wait for a few minutes
  • You'll receive an SMS notification regarding the status of your application
  • If approved, the loan amount will be quickly transferred to your account
  • If rejected, contact customer support for more information.

fastrupee online loan

Ways to Repay a Loan with FastRupee

It is essential to repay the loan on time to avoid penalties and higher interest rates. FastRupee Sri Lanka offers several ways to repay the loan, including bank transfer, Pay&Go Kiosks service, Sampath Bank transfer, and NDB Bank transfer.

You can repay your debt in multiple ways, including:

  • Pay&Go Kiosks service (select FastRupee, add your contact number and pay the money)
  • Bank transfer
  • Sampath Bank transfer (fill in bank deposit slip with your personal and FastRupee’s information, enter your contract number, NIC, and the amount you want to pay. Keep the payment receipt till you receive the SMS notification from the loan service)
  • NDB Bank transfer is similar to Sampath Bank
  • With multiple options, you can choose the one that suits you the best, saving time and making it more convenient.

Exploring the Pros and Cons of Fastrupee Service

When seeking a money lending service - Fastrupee loan, it is essential to consider customer reviews. Based on the feedback received, FastRupee provides the following advantages:

  • It is the fastest loan service available in Sri Lanka
  • The first loan has a low-interest rate of only 0.01%
  • Subsequent loan amounts increase with each application

However, the company has a few drawbacks:

  • The interest rates are quite high
  • Hefty fines are imposed for late payment of debt
  • The borrower must provide proof of income when applying for a loan

To avoid any unpleasant surprises, it is advisable to carefully read the terms of cooperation before signing an agreement with the company.

fastrupee loan

Is it safe to borrow money online?

Yes and No. While the online lenders may offer attractive and democratic loan requirements, they are still in business to make money. On the one hand, they provide accessible loans, but on the other hand, they profit from:

  • High-interest rates
  • Additional fees
  • Imposing penalties on late payments

Therefore, when applying for a loan online, it is crucial to read and understand the terms and conditions before committing to the loan. Nonetheless, it is always wise to avoid borrowing money unless it is absolutely necessary.

Customer support is available through social networks, phone, and email. Before signing the loan agreement, it is recommended to read the terms of cooperation to avoid unpleasant surprises. While online loans can be dangerous and have unpleasant consequences, FastRupees Sri Lanka is a reliable option for those in need of immediate financial assistance.

Fastrupee Loan

Fast online loan Sri Lanka

1 0% for first loan
Lotus Loan

Lotus Loan to Rs.80 000

Loan amount: Rs.15 000 - Rs.80 000
Loan period: 7 days to 182 days
Interest rate: 0.01 to 1% per day (max APR 365%)

Apply Now!

2 0% for first loan

RoboCash to Rs.25 000

Loan Amount Rs.Rs.5 000 - Rs.25 000
Loan period 7 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 365%)

Apply Now!

3 0% for first loan

CashX to Rs.50 000

Loan Amount Rs.5 000 - Rs.50 000
Loan period 7 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 365%)

Apply Now!

4 0% for first loan

Fino to Rs.100 000

Loan Amount Rs.3 000 - Rs.100 000
Loan period 7 days to 180 days
Interest Rate 0.01 to 1% per day (max APR 365%)

Apply Now!

More Offers

What is the loan term?

  • Minimum loan term: 30 days
  • Maximum loan term: 182 days

Am I eligible for a loan?

  • A citizen and residing of Sri Lanka
  • Between the ages of 20 to 65 years old
  • Currently employed or generating a steady income

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