Online Cash Loan Sri Lanka Sinhala ᐈ Apply Now!
Online cash loan apply in Sri Lanka up to Rs.50,000. Loan available in Sinhala. Fill in application form and Get a quick loan result!
Actuality of Information: 03.03.2023 7:00 | Information about the rates and conditions for a loan from a Sri Lanka Lenders is provided by the credit companies and banks or taken from public sources. Please check the terms and rates by calling the branches of the bank or credit company.
payable
15150 Rs.loan amount
15000 Rs.commission
450Rs. 150 Rs.first credit
re-loan
term
rate
payable
15150 Rs.loan amount
15000 Rs.commission
1950Rs. 150 Rs.first credit
re-loan
term
rate
payable
15150 Rs.loan amount
15000 Rs.commission
600Rs. 150 Rs.first credit
re-loan
term
rate
payable
15150 Rs.loan amount
15000 Rs.commission
600Rs. 150 Rs.first credit
re-loan
term
rate
payable
15150 Rs.loan amount
15000 Rs.commission
600Rs. 150 Rs.first credit
re-loan
term
rate
payable
15150 Rs.loan amount
15000 Rs.commission
600Rs. 150 Rs.first credit
re-loan
term
rate
payable
15150 Rs.loan amount
15000 Rs.commission
900Rs. 150 Rs.first credit
re-loan
term
rate
Who can apply for an online cash loan?
Any lender is required by law to check creditworthiness. He must make sure that the borrower will be able to repay the debt. Therefore, the borrower is subject to detailed verification. Otherwise, a person with serious debt will not receive a online loan. Although it is worth noting the fact that the chance of getting an online cash loan can be very high even though you have other loans.
To get a cash loan:
- Aged between 20-60 years old
- Sri Lankan citizens/Residents,
- Has a valid NIC,
- Employed individuals and selected professionals,
- Currently employed for at least 3 months and with a steady income
- Successfully pass a lender assessment
The higher the creditworthiness, in other words, our earnings, the easier it will be to get a cash loan 24. The bank will be happy to take on the obligation with the certainty that it will be repaid.
What documents are required to online cash loan apply Sri Lanka?
Each credit company has slightly different formal requirements for its customers. Online cash loan apply - Generally you should have:
- Has only require a valid National ID - NIC,
- Account in any bank of Sri Lanka,
- Your mobile phone number is not blocked,
- Employed individuals and selected professionals.
In addition, the lenders (oncredit loan, lotus loan, fastrupee loan, cashwagon loan and more) may request other documents, especially if the online cash loan Sri Lanka is raised for a large amount. This could be, for example, an income statement from your employer. More complex formal requirements will apply to forms of income other than employment contracts, such as business or farm income.
The cheapest online cash loan
It is not easy to determine exactly which cash loan is the cheapest. It depends on current promotions, personal financial conditions such as creditworthiness or the amount and time of the fast loan online. Therefore, it is always better to use an online cash loan sri lanka Sinhala comparison website. However, if you want to know which loan is usually the cheapest, you can use the table below:
| Loan Service | Get a Loan | Loan Amount (LKR) | Loan Term (days) | APR* | Online Application |
|---|---|---|---|---|---|
| Lotus Loan | LotusLoan Online Loan | 15,000-70,000 | 122-182 | 12% |  |
| RoboCash | RoboCash Online Loan | 5,000-60,000 | 120-180 | 15% | |
| LoanMe | LoanMe Online Loan | 5,000-40,000 | 30-120 | 14% | |
| OnCredit | OnCredit Online Loan | 5,000-50,000 | 30-120 | 16% | |
| FastRupee | Fastrupee Online Loan | 1,000-50,000 | 121-183 | 15% | |
*Attention! The APR values shown may apply to promotional credit conditions.
How to calculate the cost and amount of a online cash loan payment?
To find out the estimated amount of the loan payment, use our calculator, which is located above. Based on mathematical formulas, he will calculate the installment on the amount and interest on the loan. However, these are only approximate values calculated on the basis of data provided by the bank.
Lending organizations have the right to set a different interest rate and commission for a quick cash loan online sri lanka, based on your individual creditworthiness and scoring, up to the maximum value established by the legislator.
Interest rate for cash online loans
The maximum interest rate for cash loans in accordance with the Consumer Credit Law is up to 100% per annum.
In the promotional offers of banks, you can find financing offers even without interest. Instant loan Sri Lanka interest can be fixed or variable. However, the interest rate is not the only cost of an online cash loan.
Amount of commission for a online cash loan
Usually, banks charge a commission for their services in addition to interest. This may be a fee, for example, for the provision of financing, which is added to the total loan amount. Costs of this type must be included in the RRSO value, which shows the actual cost of the loan over time. Like interest, their maximum value is limited by law. The cost of an online cash loan sri lanka rarely approaches the limits set by the legislator.
How to get the cheapest cash loan online in Sri Lanka?
There are two main ways to do this. You can visit bank branches yourself or check their offer over the phone, or use a loan comparison website. The latter option is much faster, although you should be aware that the comparison site only gives approximate values. It's also a good idea to check your credit rating. It allows you to find out which lender currently has the most attractive loan offer for a product - online loan sri lanka Sinhala.
Online cash loan apply Sri Lanka: The cheapest loan is not always the best loan. It is worth considering the quality of customer service, repayment conditions such as contractual penalties, or ease of use and speed of cash withdrawals.
Ranking factors: advantages and disadvantages of cash loans
There are various factors that can be taken into account when scoring online loan Sri Lanka Sinhala. The benefits of a loan usually include the following:
Pros:
- + low percentage,
- decreasing payments,
- fixed interest rate, not floating
- the ability to apply completely online,
- A quick credit decision is made by the lender.
Cons:
- - many formalities,
- the need to sign the contract in person,
- insurance required,
- a complex contract or the need to sign several contracts,
- hidden fees and charges,
- the need to secure the repayment of a loan.
Questions and answers: Online Cash Loan Sri Lanka
❶ How to get online cash loan sri lanka Sinhala ❓
❷ How much money is available cash loan online in Sri Lanka ❓
❸ Who can get online cash Loan in Sri Lanka ❓
❹ How can I get online cash loan sri lanka Sinhala ❓
❺ What documents are needed to apply for a online cash loans in Sri Lanka ❓
❻ How to repay cash online loans ❓
- on the company's website using a bank card (Visa/MasterCard) 24/7
- ou can repay through Online card payment method. It’s safety, quickly and easy and also without any commission
- Bank deposit. Using your internet bank or by ATM/CDM machines
- Cargills Food City
- Pay&Go kiosks
Disclosure of financial products and services
The following is all the contact information about all the presented credit companies in Sri Lanka on our website. The information includes the name of the Financial Institutions, address, phone number, email address, details of the registration certificate of the organization, the presence of a license from the National Financial Services Commission, min / max loan term, annual percentage and an example of calculating the cost of the loan.
Lotus Loan
Zephyr Solutions (Private) Limited Sri Lanka
address: 7, 1/1 Cotta Terrace, Colombo 00800phone numbers: 0 117 821444
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
max APR: 240%
term: from 3 to 6 months
age range: 22-55
CashX
Consulting Services (Private) Limited
address: No 422/3, Galle Road, Colombo 03phone numbers: +94 117 562 756
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
max APR: 216%
term: from 10 to 30 days
age range: 20-60
LoanMe
Fintechh Software Solutions Limited
address: N#321, Galle Road, Colombo 03phone numbers: +94 117 877 555
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
max APR: 230%
term: from 3 to 6 months
age range: 22-55
Cashwagon
Lendtech Lanka
address: 241, Dudley Senanayake Mawatha, Colombo 08phone numbers: +94 117 463 100
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
max APR: 360%
term: from 3 to 6 months
age range: 20-60
FastRupee
FastRupee (Private) Limited
address: Access Towers, Union Place, Colombo 02phone numbers: +94 117 749 444
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
max APR: 365%
term: from 3 to 6 months
age range: 20-60
RoboCash
Rapidlend (Private) Limited
address: No.04 Geethanjalee Place, Level 5, Colombo 03phone numbers: +94 112 208 220
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
max APR: 220%
term: from 3 to 6 months
age range: 20-55
