Instant loans

Recommended
Instant loan at CashX
Instant loan at CashX
5000 ₹. Return
5000 ₹. Take
0 ₹. Overpayment
First loan: Maximum amount: Loan term:
5000-50000 RS 50000 RS 30 days
0% interest rate for new clients
GET LOAN MORE DETAILS
Instant loans at Crezu
Instant loans at Crezu
5045 ₹. Return
5000 ₹. Take
45 ₹. Overpayment
First loan: Maximum amount: Loan term:
2000-50000 RS 500000 RS 30 days
0% interest rate for new clients
GET LOAN MORE DETAILS
New loan
Instant cash loans online at FastRupee
Instant cash loans online at FastRupee
5000 ₹. Return
5000 ₹. Take
0 ₹. Overpayment
First loan: Maximum amount: Loan term:
1000-15000 RS 60000 RS 30 days
0% interest rate for new clients
GET LOAN MORE DETAILS
Best Choice
Instant loan online at Fino
Instant loan online at Fino
3000 ₹. Return
3000 ₹. Take
0 ₹. Overpayment
First loan: Maximum amount: Loan term:
3000-20000 RS 100000 RS 30 days
0% interest rate for new clients
GET LOAN MORE DETAILS
Instant personal loans at Jeff
Instant personal loans at Jeff
5450 ₹. Return
5000 ₹. Take
450 ₹. Overpayment
First loan: Maximum amount: Loan term:
100-50000 RS 50000 RS 180 days
0% interest rate for new clients
GET LOAN MORE DETAILS
New loan
Short term instant loans at LoanMe
Short term instant loans at LoanMe
8560 ₹. Return
8000 ₹. Take
560 ₹. Overpayment
First loan: Maximum amount: Loan term:
8000-50000 RS 50000 RS 120 days
11% Get Up to Rs. 18,000/= 50% off on Fees
GET LOAN MORE DETAILS
Instant payday loans at Lotus Loan
Instant payday loans at Lotus Loan
15000 ₹. Return
15000 ₹. Take
0 ₹. Overpayment
First loan: Maximum amount: Loan term:
15000-40000 RS 40000 RS 182 days
0% Payment amount is 0% if pay in 7 days
GET LOAN MORE DETAILS
96% Approved
Instant approval loans at OnCredit
Instant approval loans at OnCredit
5000 ₹. Return
5000 ₹. Take
0 ₹. Overpayment
First loan: Maximum amount: Loan term:
2000-50000 RS 50000 RS 30 days
0% interest rate for new clients
GET LOAN MORE DETAILS
Get instant loan online at Robocash
Get instant loan online at Robocash
50000 ₹. Return
5000 ₹. Take
0 ₹. Overpayment
First loan: Maximum amount: Loan term:
5000-25000 RS 25000 RS 30 days
0% interest rate for new clients
GET LOAN MORE DETAILS
Loan advisor
Online loans approved instantly at SriLankaLoan
Online loans approved instantly at SriLankaLoan
5250 ₹. Return
5000 ₹. Take
250 ₹. Overpayment
First loan: Maximum amount: Loan term:
500-25000 RS 25000 RS 90-366 days
0% interest rate for new clients
GET LOAN MORE DETAILS

What are instant loans in Sri Lanka

Instant loans in Sri Lanka are the perfect way for anyone to get the cash they need – fast! Whether it's a quick fix after overspending at the shops or you need a bit of extra money to cover an emergency expense, instant loans can provide you with the funds right away.

As with any loan, it's important to be mindful of how much you borrow and if you can afford to pay it back. Fortunately, getting an instant loan is usually easier than ever in Sri Lanka, as most transactions can be done through digital platforms hassle-free. Now that's something refreshingly convenient we could all appreciate!

How to get an instant loan online

Types of instant loans and how it works

Instant online loans are certainly a convenient way to get access to fast and easy cash. Whether you’re in need of a little extra cash while waiting for that paycheck, require some financial assistance during an unexpected situation, or want some quick credit to cover the purchase of something you forgot was coming up - instant loans can be the solution. There are three primary types: instant personal loans, instant payday loans, and instant credit cards. Each loan type offers different options when it comes to how much you can borrow and repayment terms.

For example, if an expense needs to be paid off as quickly as possible, then instant payday loans offer short-term solutions at relatively low interest rates. On the other hand, if more money is needed for a longer period of time with smaller regular payments - an instant personal loan may provide a better option. For those looking to purchase something without the constraints or bothersome nature of repayment schedules - an instant credit card is ideal; not only do they provide a line of credit that can be used right away but also typically provides helpful incentives (e.g., reward points) that can help make future purchases more affordable.

How to make a request for instant cash loans online in Sri Lanka

If you are looking to make a request for instant cash loans online in Sri Lanka, you can follow these steps.

  1. Research and compare different lenders on site creditmarket.lk.
    You can start by researching different lenders that offer instant cash loans online in Sri Lanka. Look for information about their interest rates, fees, repayment terms, and eligibility criteria.

  2. Check your eligibility.
    Once you have identified a few lenders, check if you meet their eligibility criteria. This may include factors such as age, income, employment status, credit score, and citizenship.

  3. Choose a lender and loan product.
    Once you have found a lender that you are eligible for, choose the loan product that best suits your needs. Look for features such as the loan amount, interest rate, repayment term, and any other fees or charges.

  4. Apply for the loan.
    Once you have chosen the lender and loan product, you can apply for the loan online. You will need to provide your personal and financial details, as well as any supporting documentation that the lender may require.

  5. Wait for approval.
    After submitting your loan application, you will need to wait for the lender to review and approve it. This may take a few hours or a few days, depending on the lender's processing time.

  6. Receive the funds.
    Once your loan application is approved, the funds will be disbursed to your bank account. Depending on the lender, this may take a few hours or a few days.

Remember to read and understand the terms and conditions of the loan before accepting it. Make sure you can afford the repayments and understand the consequences of defaulting on the loan.

Example of calculating a loan for 5000 RS for 2 months with an interest rate of 50%

Paying a 5000 RS loan over two months could sound like a long and tedious task, but if you just do the math it all makes perfect sense! To work out how much to pay monthly, first you need to calculate the total interest.

All you have to do is multiply the loan (5000 RS) by the interest rate (50%). This means your total interest is 2500 RS. Now add that to the principal of 5000 RS and you get a total of 7500 RS. Dividing this number by two, will give you 3750 RS as your payment per month for two months.

Frequently asked questions about instant loans in Sri Lanka

What are the requirements for getting an instant loan in Sri Lanka?

The requirements for getting an instant loan in Sri Lanka will vary depending on the lender. Generally, you may need to meet criteria such as having a steady income, being at least 18 years of age, and having a good credit score. You may also need to provide documents like your ID, proof of address and bank statements. Additionally, some lenders may require you to have valid collateral or guarantors in order to approve your loan application. It is advisable to check with each lender prior to applying for a loan.

How long does it take to get approved for an instant loan in Sri Lanka?

It typically takes a few hours or days to get approved for an instant loan in Sri Lanka, depending on the lender's processing time. Applicants can expect to receive funds within a few hours or days after their loan application has been approved.

What is the maximum amount I can borrow from an instant loan provider in Sri Lanka?

The maximum amount you can borrow from an instant loan provider in Sri Lanka will depend on the lender. Most lenders offer loans of up to Rs 50,000, though some might offer higher amounts. However, make sure to check with your chosen lender prior to applying for a loan as they may have different criteria and requirements.

Are there any fees associated with taking out an instant loan in Sri Lanka?

Yes, there may be fees associated with taking out an instant loan in Sri Lanka. These can include application fees, processing fees, late payment penalties and more. However, it is important to check with the lender prior to applying for a loan as each lender's policy may vary. Additionally, some lenders may offer promotional deals or discounts on various services which could help reduce any associated costs.

Does my credit score affect my chances of being approved for a loan?

Yes, your credit score can affect your chances of being approved for a loan. Generally, lenders consider applicants who have good credit scores to be less risky than those with poor credit scores. A good credit score could help you get better loan terms and interest rates from the lender based on their risk assessment. It is also important to remember that not all lenders will use the same criteria for evaluating applications, so it is always best to shop around and compare different options available before choosing a lender.

Is there any way to reduce the interest rate charged on a loan application?

Yes, there may be ways to reduce the interest rate charged on a loan application. Some methods include having a good credit score and income, shopping around for different lenders to compare interest rates, opting for a shorter loan period or lower principal amount, and taking advantage of promotional deals and offers. Additionally, some lenders may offer discounts on fees associated with taking out an instant loan in Sri Lanka. It is important to talk to the lender prior to applying for a loan in order to understand their criteria and requirements as well as any potential savings opportunities available.

It will take only 10 seconds for us to send your application to 8 financial institutions in the Sri Lanka

A single online loan application for all financial institutions in the country. Fill in a short form of a single online loan application in a minute. For free, we will select suitable partners, who are ready to issue a loan to you, and we will send them your data for consideration. You will get approval and money from one or several companies today!

I have read, understood and accepted the Gerenal Conditions of Loan Contracting, the Privacy Policy and the Personal Data Protection
I would like to recieve information on offers and promotion

Success!

Your application send successfully