online payday loans

With the advent of online payday loans in Sri Lanka, there are many misconceptions about online payday loans. Many people find this unethical because such people are dependent on payday loans for cash.

Let's take a closer look at whether online payday loans are safe and what are the risks of online loans. And we will find out how you can take a secure online payday loan through our GostFinance service.

We are proud to be an intermediary in secure payday loans. Thus, our service benefits our customers and protects their interests.

Online Payday Loans Safe - Best Lenders of Sri Lanka

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%)

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0% for first loan

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 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%)

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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

Things to Remember

Check the licenses and credentials of the lender.

Our service allows you to choose favorable loan terms among financial companies in Sri Lanka. All lenders listed on our website are fully licensed companies that provide services and financial assistance to clients only through secure online payday loans.

Clients are obliged to study all the conditions and contact details of the company in which they are going to take a loan, and check the availability of appropriate licenses. There are many unlicensed lending companies that can take advantage of their clients vulnerable situations. In most cases, these companies have hidden costs and often charge exorbitant prices to customers while the loan is in effect. Since they are not licensed, regulators cannot verify their practices and ethics, and customers end up paying the price.

Read all terms and conditions carefully before agreeing

Read all terms and conditions carefully before agreeing

All companies represented maintain full transparency in all transactions and provide loans with no hidden fees. This way we can ensure that customers know exactly what they are signing up for when they borrow online. Clients can see the amounts they receive and the final amounts they have to pay when closing the loan, as well as their repayment date.

One of the main reasons that payday loans have such a bad reputation is that people take out payday loans without reading service fees and late fees and end up paying unnecessarily large amounts. Customers wishing to get secure online payday loans should read all terms and conditions before signing up. If a company does not openly disclose these details, it is best to treat these organizations with caution or not contact such companies at all.

Take care of the privacy and security of your data

Another area that many companies, both financial and non-financial, tend to completely neglect is data security. Our all lenders maintain strict data security using a powerful combination of encrypted data standards and protocols that are regularly tested, updated and upgraded. Thus, you can be sure that your personal data is safe.

Data security should be taken very seriously, if a company does not specify what it will do with your data, then you could be in serious trouble. More often than not, companies that do not disclose or comply with data security policies often tend to misuse your data or even sell it to another company that will use it for all bad purposes.

Take personal loans only when absolutely necessary

Take personal loans only when absolutely necessary

Finally, considering the safety of online payday loans as a quick cash option for urgent cash needs, it is important to note that clients must take great care not to fall into a vicious debt cycle. Due to the convenient and fast nature of online payday loans, people tend to get carried away and take out personal loans even for non-essential and non-urgent cash needs, which we do not recommend at all. Consumer loans are by no means a sustainable source of income. It is always a debt that needs to be repaid very quickly. People also make the mistake of delaying payments; since there is a daily fee for the entire delay period after the agreed repayment date expires, customers will receive an amount that they may not be able to repay.


Online payday loans may well be a quick and easy solution to financial problems. The client needs to be careful and make sure that the online loan they are applying for is safe.

In conclusion, you should always look to partner with companies such as: Lotus Loan, OnCredit, FastRupee. They take customer data seriously and also apply high security standards that keep all customer data and transactions safe. With the rise of scams and scams occurring all over the world, it is best to be safe and choose a company to partner with wisely.

FAQ - Online Payday Loans

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.