Best online fast loans & easy loans in sri lanka for 2022 - Compare & Apply Online

*We strongly advise you: that fast cash loans can be costly. So before you apply for a loan, carefully think once more about your decision.

Fast Rupee Loans

Interest Rates (p.m.)

12% – 20%

Max. Loan Amount

LKR 50,000

Disbursement

24 Hours

Lotus Loan

Interest Rates (p.m.)

12% – 20%

Max. Loan Amount

LKR 50,000

Disbursement

24 Hours

Oncredit Loans

Interest Rates (p.m.)

12% – 20%

Max. Loan Amount

LKR 50,000

Disbursement

24 Hours

Robocash

Interest Rates (p.m.)

12% – 20%

Max. Loan Amount

LKR 50,000

Disbursement

24 Hours

Fast & Easy Application Process.

We will match you with a loan program that meet your financial need. In short term liquidity, by striving to make funds available to them within 24 hours of application.

Online Cash Loans In Sri Lanka - Note To Borrowers

We strongly advise you: Fast cash loans can be extremely expensive. Before you apply for a loan, carefully think once more about your decision. Late repayment can cause you serious money problems.

What Are The Risks Of Payday Loans?

Unaffordable repayments. Payday loans are an expensive way to borrow money. Check the size of each repayment and ensure you will be able to pay on time.

High rates and fees. Rates and fees on payday loans are high. Make sure your lender is not charging you more and check what you would be charged if you are late on a payment or if you can’t pay back the loan altogether.

What Is The Personal Loan Calculator?

Our Personal Loan Calculator will generate a list of loan products, interest rates and repayment plans tailored to the information you entered. You can always adjust the loan amount and loan tenure to find a comfortable monthly repayment amount.

How Do Online Cash Loans Work In Sri Lanka ?

Online cash loan is a loan that you can apply online directly. Communication and exchange of information between the borrower and lender will be done online throughout the loan application process.The application is quick and hassle-free. Most online loans are unsecured and will only require minimal documentary requirements.

How Can I Get A Loan Instantly?

Most personal loans online offer quick approval, some offer same-day approval while most is 24 business hours approval.

What Are The General Documentary Requirements?

  • 3 months’ pay slips (employed) or bank statements (self-employed)
  • A copy of your NIC
  • Utility bill as proof of address
  • Bank account under the borrower’s name

What Happens If You Can’t Pay Back Your Loan On Time ?

  • The payday lender may charge you a late fee
  • The payday lender could call your friends, relatives or employer in attempt to contact you to collect the money
  • The payday lender could deal with a collection agency and this could be included on your credit report

Types Of Online Loans In Sri Lanka

Payday Loans

A payday loan is a type of short-term borrowing where a lender will extend high interest credit based on a borrower’s income and credit profile. Payday loans are sometimes harder to pay back than a traditional loan, because the lender did not verify your ability to repay before lending you money.

Short Term Loans

A short-term loan is where the amount borrowed and the interest are paid back in less than a year. It’s not like a bank loan, in that you don’t pay a short term loan off over years and it often comes with a higher APR.

Same Day Cash Loans

Same Day Cash Loan scheme is designed mainly for customers who are in salaried permanent employment, to address their quick financial needs. This type of unsecured finance is often suitable for those with relatively poor credit, as the loan amounts are quite small and the loan periods are short.