ROBOCASH - Loans up to 25000 RS - Review

What is Robocash loan in Sri Lanka?

Robocash loan is an innovative financial solution offered in Sri Lanka. It's a hassle-free loan available online to help you meet your credit needs quickly. You can apply for up to Rs 60000 within minutes of submitting the basic information required, and you will receive an instant decision on your application.

With a fixed repayment period and competitive rates of interest, Robocash loans offer access to flexible funding options with low effort requirement. The entire process of applying and getting the money has been made simple and quick, allowing users to conveniently secure financing without any problems.

How does money lender Robocash loan work Sri Lanka

Robocash Loan is a unique financial service in Sri Lanka that provides online loans quickly and easily. It offers loans from Rs 10000 to Rs 60000 within just 24 hours of an application being approved – no paperwork or collateral required. Interest rates are competitive, so customers can make sure they get the best value for their money. The process is simple: Customers just need to register on the portal, submit their profile with required information and documents, and wait for approval.

Once approved, the funds are transferred directly into the customer’s bank account within 24 hours, so they can start solving their financial needs without any hassle. With convenient repayment plans available, Robocash Loan is an ideal option for anyone who needs quick access to funds in a tough financial situation.

Advantages and Disadvantages of Robocash loan

Robocash is a fast and convenient loan option for Sri Lankan borrowers. Since it offers quick loans, this can provide an advantage for those who find themselves in need of cash in a hurry. However, using Robocash comes with some risks too. The interest rate applied to the loans vary from one borrower to another and may be significantly higher than what is charged by traditional lenders, so borrowers should always compare different options before taking out a loan.

There are also often strict repayment terms associated with such loans, so potential borrowers should make sure they understand the full extent of the obligations before agreeing to anything. The convenience offered by Robocash can outweigh these disadvantages if used responsibly.

Conditions for Obtaining an Online Loan in Robocash

Obtaining an online loan through Robocash Sri Lanka is a simple and straightforward process. Before you begin the application process, there are a few conditions that must be met in order to qualify for the loan.

• You must be at least 21 years old
• You must have a valid government-issued ID
• You must have an active checking or savings account
• You must provide proof of income
• You must have a good payment history and credit score
• You must be employed or self-employed for at least six months

If you meet all these criteria, you can apply for a loan through Robocash's website. Once your application is approved, you will receive your funds via bank transfer within 24 hours. It's important to note that interest rates may vary according to your credit rating and other factors.