Top 5 Personal Loan Lenders in Sri Lanka

A personal loan is a great way to get fast cash when you need it. They offer many benefits, such as a quick application process, no need for collateral or a guarantor, and flexible repayment terms.

However, it’s important to understand the loan process and how it works. This will help you make an informed decision and choose the best lender for your needs.

  • Loan amount 5000 - 50000 LKR
  • Interest rate 1% per day
  • Term 90 - 180 days
  • Loan amount 5000 - 50000 LKR
  • Interest rate 0,6% per day
  • Term 10 - 30 days
  • Loan amount 5000 - 40000 LKR
  • Interest rate 0,03% per day
  • Term 90 - 120 days
  • Loan amount 5000 - 50000 LKR
  • Interest rate 0,6% per day
  • Term 30 - 180 days
  • Loan amount 1000 - 40000 LKR
  • Interest rate -
  • Term 30 - 120 days
  • Loan amount 10000 - 40000 LKR
  • Interest rate 0,33% per day
  • Term 122 - 182 days
  • Loan amount 1000 - 25000 LKR
  • Interest rate 0% per day
  • Term 7- 30 days

MBSL – Speed Personal Loan

MBSL is one of the leading lenders in Sri Lanka that offers a wide range of financial services. Their products include leasing facilities, credit to small and medium scale industries and business enterprises, pawning services and property sales, corporate advisory and capital market, stock market brokerage, savings and children’s accounts and fixed deposits.

Whether you need funds for your home improvement, business requirements or to purchase a car, MBSL offers personal loans with flexible repayment options and competitive interest rates. With a 100% paperless application and a customer-oriented loan process, you can be sure that you’ll get the best rate and service without any hidden fees.

The company has a team of qualified Relationship Managers who will guide you through the application process and make sure that your application gets processed quickly. They will also provide you with a detailed explanation of the application process and what to expect.

Robocash – Online Personal Loan

Robocash is an online loan platform that connects people who need funds with investors who want to earn a high return on their investment. They work together to help fund loans for projects that are not eligible to banks or other financial institutions.

Robocash – Online Personal Loan in Sri Lanka is a good choice for those who need quick, affordable, and small loan amounts to deal with urgent needs or other emergencies. It offers flexible terms and conditions, low interest rates, and no collateral or guarantors required.

The online application process is fast and easy. All you need is your National ID, and you can apply for an amount of P1,000 to P25,000. The interest rate varies depending on the amount and your credit history with the lender.

Unlike most other P2P platforms, Robocash is integrated into an international group that generates significant loan flows on a year-by-year basis. This helps limit any risk to the platform and its shareholders.

Another important aspect of the company is that it has 107 branch offices throughout Sri Lanka, so there is always an option for customers who need a face-to-face loan.

In addition, the company has a wide range of offers for different types of borrowers and is able to provide more flexible terms and conditions than most other lenders. It also works with a variety of payment providers, so you can find an option that fits your preferences.

The best thing about Robocash is that it has a large portfolio of loans and offers very competitive interest rates.

Sampath Bank – Rural Personal Loan

Sampath Bank is one of Sri Lanka’s most respected banks, renowned for its innovative products and customer-focused approach to business. It has forged an impressive niche in the local financial industry, helping Sri Lanka achieve a much-needed transition from a low-income economy to a middle-income one over the course of its 33-year history.

Finally, it launched a mobile application that will help more Sri Lankans abroad send remittances home to family members back in the country. The app will also provide a wealth of information around remittance services.

Flexi Personal Loan

Flexi loans are a good choice for those looking to get instant financial assistance. These loans are available from multiple lenders, and you can find one that is right for your needs. They are also a great option for those who want to save money on interest.

In many cases, you can choose a co-applicant who can share the repayment burden with you. This can help you avoid the hefty interest rates that come with an instant personal loan.

The amount you can borrow through a flexi loan is usually based on your monthly income, your current debts, and other factors. You can then withdraw the required funds within the loan’s approved limit and repay them as per your convenience.

You can also pay the principal portion of the loan in whole or in part whenever you have excess funds, which can help you lower your interest payments and reduce your total spending. This is especially useful if you have a large expense coming up in the near future, such as a new car or a home renovation project.

Flexi personal loans are offered at affordable rates, and you can save even more by comparing interest charges across multiple lenders.

TOP 7 Top 5 Personal Loan Lenders in Sri Lanka July 2024
Apply Now

Applying does NOT affect your credit score!

No credit check to apply.