Fast online loan up to 200 000 RS!

Fast cash

After making a loan application money instantly transfers to your bank account. Faster than making a cup of tea!

Wide range of banking option

You will have your loan transferred directly into your bank account. Additionally, our wide network of partner banks make sure that your money will be sent to the card you are using.

Online Loan 24 Hours – Available in Sri Lanka

Seeking an online loan at 3 am? No problem, our service is open 24/7!

Also if you have additional questions, our customer support is ready to help via online chat or phone call.

Legitimacy & Safety

We are operating under license, our services are completely legal in Sri Lanka. We guarantee your data and funds are safe and won’t be used by third parties.

Qualifications for Online Loan

Our loan terms are straight and clear, no additional “hidden fees” or or higher interest applied.

• Loan amounts: starting from 5000 rs to 200 000 rs
• Terms: from 5 to 30 days
• Fees: service fee – 1.5%, consulting fee – 0.7%, transaction fee – from 1%*

Here is a clear example: If you apply for 20,000 rs and select repayment in 10 days, you will have to pay 24,600 rs per 10 days = total cost of the loan per 10 days will be 4600 rs.

Requirements

The requirements for successfully getting an online loan are below: 

1. Age: from 20 to 60 years old
2. Applicant must be Resident of Sri Lanka and have original national identification card
3. Regular labor income is required
4. Use a phone number registered under applicant’s name
5. The personal and bank account information should be accurate 

How to apply for a loan

Loan application takes a few easy steps:

1. Choose amount to borrow
2. Register an account
3. Sign the contract
4. Receive the money

Here are the details of each step you must know.

1. Choose amount to borrow

Choose your loan amount from 5000 rs to 200 000 rs.

2. Register an account

Fill the form with your personal data: phone number, name, ID number (nic) and await for check.  

*important to enter the SMS code sent to your phone to confirm your number

3. Sign the contract

Next you will receive a loan contract. Carefully read it and sign it. The confirmation code also will be sent via SMS. 

4. Receive the money

Enter your banking details and your online loan will be processed in a few minutes.

How to repay?

Once you are ready to return the loan, the repayment process is very easy as well:

1. Login to your Cashloan account
2. Сhoose convenient payment method
3. That’s it! Loan is closed

Online loans is your best choice in Sri Lanka

Why? We know that in Sri Lanka you can use a more traditional way to borrow money – a loan from a bank.

But here is the major inconvenience: time limits. Usually it takes weeks or even months for a loan to be processed and sent to your account. 

Not talking about bureaucracy – a lot of papers need to be shown at the bank; unnecessary phone calls, etc.

Sounds like a headache, right? That is why it is more convenient to apply for a loan online!

Troubles with cash? Online loan is to help!

Fast online loan can help you in a lot of life situations where money is to have here and now. 

Extra payments

It often happens when you have to pay more money than you have in cash or a bank account: a bill in a restaurant in the middle of a date, an unexpected bigger amount to pay at supermarket checkout…We got you covered – a fast online loan is a solution.

Medical expenses

We all know that sudden disease may lead to spending half of the salary at the clinic reception. Using our services will save your day!

Vacation expenses

Imagine you went for a vacation to the other side of Sri Lanka and your weekend expenses are bigger than you expected. Nobody is around to borrow cash, bank loans may take weeks… With online loan this issue will be solved.

Home repairs

The water is flooding around the bathroom, but the thought of calling a plumber is painful because there are weeks until salary? Visit our site and fix the problems now!  

Consolidating debt

Got a debt or installment to pay in weeks before it grows extra? Online loan can be used to consolidate it and breathe fully till the next payday.

Advantages and disadvantages of online loans

Sure, online loans offer a convenient and fast way to access cash, especially in urgent situations. However, like any financial product, they come with both benefits and potential risks. Understanding these can help you make more thoughtful decisions.

Advantages

• Quick approval – online lenders approve loan applications within minutes and transfer funds the same day.
• Minimal documentation – unlike traditional banks, online lenders often require only basic NIC, steady income proof and phone number.
• 24/7 availability – applications can be submitted anytime, from anywhere, using a smartphone or computer.
• Accessible to people with poor credit – we approve loans for anybody.

Disadvantages

• High fees – online loans can have significantly higher interest rates than bank loans, especially for short terms.
• Hidden fees – some lenders may include processing fees, early repayment penalties, or late payment charges.
• Risk of fraud – not all online lenders in Sri Lanka are legitimate, so you must verify licenses of MFOs and read reviews.
• Temptation to borrow frequently – easy access to fast online cash can lead to a cycle of debt if not used responsibly.

Tips for those planning to take an online loan

Here are a few tips everybody should check before taking an online loan.

• Before applying for an online loan, it’s essential to approach the process wisely. 
• Start by checking the lender – make sure they’re licensed, have clear contact details, and positive user reviews. 
• Always read the loan agreement carefully, paying attention to the interest rate, repayment terms, and any hidden fees. 
• Borrow only for what you really need and are confident you can repay on time. 
• Estimate your monthly payments and check your budget. 
• Avoid taking multiple loans at once, and never share personal or banking information on suspicious websites to avoid somebody else taking loans on your name.