Explore 10 lenders and select your ideal online loan offer

Details about the lending institutions

Soso.lk - SOSO

Address: Sri Lanka

Phone number: -

E-mail: info@soso.lk

Max APR: 365%

Term: 3 months - 1 year

Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.

Loanme.lk - FINTECH SOFTWARE SOLUTIONS (PRIVATE) LTD

Address: 321, Galle Road, Colombo 03

Phone number: +94 117 877 555

E-mail: info@loanme.lk

Max APR: 13.68%

Term: 3 months - 6 months

Loan of RS 25 000 for 6 months, monthly payment RS 6 750, total amount RS 40 500, annual percentage rate APR 13.68%.

Monigo.lk - S F Group (PRIVATE) LIMITED

Address: No. 341/5, M & M Center, Level 01, Kotte road, Rajagiriya

Phone number: +94 117 358 358

E-mail: info@monigo.lk

Max APR: 15%

Term: 62 days - 1 year

Loan of RS 50 000 for 6 months, monthly payment RS 8 948, total amount RS 53 688, annual percentage rate APR 15%.

Credify.lk - CREDIFY

Address: Sri Lanka

Phone number: -

E-mail: info@credify.lk

Max APR: 365%

Term: 3 months - 1 year

Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.

Soscredit.lk - SOSCREDIT

Address: Sri Lanka

Phone number: -

E-mail: info@soscredit.lk

Max APR: 365%

Term: 3 months - 1 year

Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.

Fino.lk - S F Group (PRIVATE) LIMITED

Address: No 47, Alexandra Place, Colombo 7, Sri Lanka

Phone number: +94 117 750 300

E-mail: info@fino.lk

Max APR: 15%

Term: 62 days - 1 year

Loan of RS 50 000 for 6 months, monthly payment RS 8 948, total amount RS 53 688, annual percentage rate APR 15%.

Loanplus.lk - AIS IT CONSULTING SERVICES (PRIVATE) LTD

Address: 47 Alexandra Place, Colombo 7

Phone number: +94 114 411 122

E-mail: info@loanplus.lk

Max APR: 200.02%

Term: 62 days - 3 months

Loan of RS 10 000 for 3 months, monthly payment RS 6 633 total amount RS 19 900, annual percentage rate APR 198%.

Cashx.lk - A V BUSINESS SOLUTIONS (PRIVATE) LTD

Address: 47 Alexandra Pl, Colombo 00700

Phone number: +94 117 474 111

E-mail: info@cashx.lk

Max APR: 216.12%

Term: 62 days - 3 months

Loan of RS 5 000 for 3 months, monthly payment RS 1 650 total amount RS 9 950, annual percentage rate APR 216.12%.

Oncredit.lk - ONCREDIT (PRIVATE) LTD

Address: 106, Dharmapala Mawatha, Colombo 07

Phone number: +94 117 811 555

E-mail: info@oncredit.lk

Max APR: 16%

Term: 4 months - 6 months

Loan of RS 5 000 for 3 months, monthly payment RS 2 867, total amount RS 8 601, annual percentage rate APR 16%.

Ceyloan.lk - CEYLOANTECH LANKA (PRIVATE) LTD

Address: No 25, Simon Hewavitharana Road, Colombo 3, Sri Lanka

Phone number: +94 114 279 800

E-mail: help@ceyloan.lk

Max APR: 182.5%

Term: 3 months - 6 months

Loan of RS 5 000 for 3 months, monthly payment RS 2 425 total amount RS 7 275, annual percentage rate APR 182.5%.

Quick Loans in Sri Lanka

Need fast cash? Creditmix.app helps you find quick loan options in Sri Lanka with minimal paperwork and fast approval. Whether you need a personal loan for emergencies or to cover unexpected expenses, we compare the best instant loan offers to ensure you get the funds you need quickly. With competitive interest rates, flexible repayment terms, and easy access to top lenders, securing a quick loan has never been easier. Start your loan comparison today with Creditmix!

Loan Terms and Conditions

When choosing the right loan, keep these important factors in mind:

  • Loan Amount: Borrow the amount that aligns with your financial needs.
  • Annual Percentage Rate (APR): Consider the total cost of the loan, including interest and fees. In Sri Lanka, the maximum APR can be as high as 365%.
  • Repayment Tenure: Choose a repayment period ranging from 62 days to 12 months, based on your ability to repay.
  • Example Loan Costs: For a loan of RS 50,000 over 6 months, the monthly payment is RS 8,948, with a total repayment amount of RS 53,688. The Annual Percentage Rate (APR) in this example is 15%.

Additional Associated Fees

Many or all of the products we offer are from our partners, from whom we may receive commission. This may affect the placement of offers and whether a product is included in the comparison. However, this does not affect our ratings.

In addition to obvious costs like interest and repayments, there may be hidden fees that ultimately make a loan more expensive than it initially appears. These hidden costs are not always obvious and can take many forms.

One of the most common hidden costs is a processing fee. Some lenders charge a fee for reviewing a loan application, which is added to the loan amount and interest. While this practice is criticized and sometimes restricted by law in many countries, it is important to consider this when taking out a loan.

Insurance premiums, especially for residual liability insurance, are another issue often overlooked. These insurances are designed to protect both the borrower and the lender if the borrower is unable to service the loan for reasons such as illness or unemployment. However, the cost of such insurance can be high and may significantly increase the overall loan expenses.

If a borrower wishes to repay a loan early, prepayment penalties may apply. These fees are intended to compensate lenders for lost interest income.

Additionally, a special repayment fee may be charged. While some loan agreements offer the option of special repayments without any additional fees, other lenders may impose a charge.

The overall cost of a loan may also be affected by an adjustment to the interest rate on variable-rate loans. If the base interest rate increases, the cost of the loan will also rise.

Therefore, it is crucial for borrowers to carefully review all aspects of a loan agreement, considering not only the nominal interest rate but also any additional fees and charges, to get a true understanding of the total cost of the loan.

Creditmix.app offers valuable insights and comparisons to help you make informed financial decisions. However, it's important to note that we are not a finance organization or bank and we do not offer loans ourselves.