Faster Rupee - Best online loans offer of Sri Lanka. Fast rupee loan app! Apply for personal loans online up to Rs.80000 instantly at the lowest interest rates. Faster Rupee is the first and only fully automated online service that provides loans at any time of the day. You can apply for a loan ranging from Rs 5,000 to Rs 80,000, and the service is available 24/7 without any holidays or non-working days. Since there is no human factor involved in the decision-making process, you can be assured of its objectivity.
Apply NowFaster Rupees offers several personal loan options with competitive interest rates. You can even get a loan of up to Rs.40,000 at a minimal interest rate of 0.01% within just 15 minutes. Different lenders provide various repayment periods, along with discounts on the loan commission. You can find more information on the home page of each lender. The loan amount is transferred instantly to your account.
Amount, up to: Rs. 50,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 20-65 years old
Amount, up to: Rs. 50,000
First Loan: 0,01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 20-60 years old
Amount, up to: Rs. 50,000
First Loan: 0.01%
Loan term: 5-120 days
Withdrawal:
Schedule 24/7
Age: 20-60 years old
Amount, up to: Rs. 50,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 20-70 years old
Amount, up to: Rs. 30,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 22-60 years old
Amount, up to: Rs. 80,000
First Loan: 0.01%
Loan term: 1-122 days
Withdrawal:
Schedule 24/7
Age: 22-55 years old
Amount, up to: Rs. 40,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 22-60 years old
Amount, up to: Rs. 50,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 20-70 years old
Amount, up to: Rs. 30,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 22-60 years old
Amount, up to: Rs. 50,000
First Loan: 0.01%
Loan term: 1-180 days
Withdrawal:
Schedule 24/7
Age: 22-65 years old
Amount, up to: Rs. 50,000
First Loan: 0.01%
Loan term: 1-120 days
Withdrawal:
Schedule 24/7
Age: 20-70 years old
A representative example:
You apply for Rs. 25,000 and choose comfortable repayment over 6 month, your monthly payment will be only Rs. 6,750 per month, so your total cost of the loan will be Rs. 2,583 per month
Faster Rupee Loan is the first and only fully automated online service that provides loans at any time of the day. You can apply for a loan ranging from Rs 5,000 to Rs 80,000, and the service is available 24/7 without any holidays or non-working days. Since there is no human factor involved in the decision-making process, you can be assured of its objectivity. The platform offers several personal loan options with competitive interest rates. You can even get a faster loan of up to Rs.40,000 at a minimal interest rate of 0.01% within just 15 minutes. Different lenders provide various repayment periods, along with discounts on the loan commission. You can find more information on the home page of each lender. The loan amount is transferred instantly to your account.
- Loan Term: minimum 121 days, maximum 183 days |
- Loan Amount: 5,000 - 80,000 LKR |
- Loan Interest rate: 30% per month (maximum 365%) |
- For overdue amount will be additional charging LPF |
- No hide or additional Fee |
- Subject to evaluation, the credit term can reach 3 months and more |
As the popularity of online lending continues to rise in Sri Lanka, many people are turning to the internet for quick and easy access to loans. However, if you're considering an online loan from Faster Rupees Loan Sri Lanka, there are some important factors to keep in mind:
To make informed decisions and select the most suitable online fast rupee loan option, it is essential for consumers to ask pertinent questions and comprehend the loan process. Typically, people seek online loans for three main reasons: to pay bills, handle emergencies, or make essential purchases. Although internet credit can be useful in avoiding debt related to bills such as electricity, water, or waste, it should not become a daily norm as it may only be a one-time solution. In the event of a sudden breakdown of an essential appliance or an urgent medical expense, taking out a loan may become necessary since waiting for the next paycheck is not always feasible. Similarly, sometimes additional funds may be required for vital purchases like medicines or school supplies. If an individual is contemplating an online loan, it is crucial to evaluate their situation carefully.
To assess the feasibility of repaying the loan within the agreed-upon period before approaching a bank or non-bank lender, Faster Rupee provides a user-friendly loan calculator and offers calls to assist in this process.
Although microcredit is generally provided for a short period of time, it's not always the case that the interest rate is higher than that of a bank loan. It's crucial to do research and compare options to find the best fit for your particular needs.
Some microfinance institutions (MFIs) don't have high-interest rates, and some offer loans to new clients with rates as low as 0-0.2%, which can be a more profitable option than traditional bank loans. Nevertheless, high-interest rates remain a risk with microcredit. By comparing offers from various MFIs on the Faster Ruppes Online Loan website, borrowers can avoid overpayment and get their loans processed quickly and profitably.
Microcredit usually refers to low-interest loans of 5,000 to 80,000 rupees that are intended for existing micro-enterprises and unemployed individuals who want to start their own businesses. These loans are often given by banks without collateral or guarantees, with support from specialized government bodies. Business development services such as training, mentoring, coaching, consulting, accounting, and legal support are also provided to ensure effective communication between the lender and the borrower. These loans can be used for working capital or investment costs.
Faster Rupee provides attractive microloans for personal needs such as holidays, travel, and daily expenses. The company offers a comprehensive and flexible individual credit scheme that provides solutions to meet personal and family needs. This includes family expenses, leave expenses, home renovation costs, and wedding expenses. These personal loans can also be used to pay off existing small loans or to better plan and reduce monthly payments. In short, Faster Ruppe Loan offers a quick and easy solution for obtaining loans and cash without the need for time-consuming and complicated procedures.
Obtaining an online loan can have several benefits, including:
Faster Rupee Loan provides a quick and easy way to apply for a loan and receive the funds directly into your bank account. The online loan application is reviewed by the microfinance company and typically approved within 15 minutes. The loan can be used for a variety of purposes, such as covering expenses before payday, equipment purchases, education, repairs, and personal needs. Borrowers are not subject to many restrictions, and can include students, pensioners, unemployed individuals, those without formal employment or income certificates, individuals without guarantors, or those with a poor credit history. To be eligible for a loan, the applicant must be a Sri Lankan citizen with a national identification card and an active bank account. Faster Rupee Loan offers loans for up to 180 days, with interest charged on a daily basis. The first loan amount can be up to 30,000 rupees. Additionally, Faster Rupee offers flexible and convenient microloans for various purposes, including weddings, home improvements, holidays, and other unforeseen expenses, as well as for daily contingencies.
At Faster Rupee, you can access instant cash loans for any purpose without the need for collateral or guarantors. All you need is a passport and identification number, and you can apply from the comfort of your own home. You don't have to worry about any hidden charges, fees, insurance, or upfront payments as we provide complete transparency throughout the loan process.
Borrower Eligibility Criteria: A valid national ID card is required, as well as a stable source of income from employment. Applicants must also be between the ages of 20 and 65.
The Loan Application Procedure is as follows: Complete the loan application form within 5 minutes; Next, you will receive a call from a Faster Rupee agent who will verify your information and ask for scanned copies of required documents such as your National Identity Card (NIC) and the bank account number you prefer to receive the loan amount; You will receive a loan decision in just 3 minutes; If your loan is approved, the requested amount is instantly credited to your selected bank account; For future loan applications, the entire process is completed in under 5 minutes.
Fast rupee online loan provides loans up to Rs.30,000 for the first loan without any additional fees. The total cost of the loan depends on the loan amount and the duration of its use. The loan term can be extended by paying the applicable fee. If the loan is repaid early, the interest rate will be reduced. By using the loan calculator, it can be calculated that a loan of Rs. 3,500 with a 2% interest rate would result in a daily fee of Rs. 70, which is approximately 2% per day. The annual percentage rate (APR) is 730%. In case of non-repayment of the loan, the borrower may be liable to pay the financial partner, and a debt-enforcement process may be initiated or claims may be transferred to third parties.