Frequently asked questions

What is Loansonline365?

Loansonline365 provides information on various lenders in Sri Lanka. On the Loansonline365 website, the most popular loans are collected in one place, so you can quickly and easily choose the most suitable offer for you.

What are the requirements for borrowers?

To get a loan, you must be a Sri Lankan citizen of legal age. You must have a Sri Lankan registered bank account, government issued National Identity Card (NIC), valid phone number and email.

How long will it take for me to receive the money?

You will receive the money within 15 minutes to 1 working day.

Do I need a collateral to get a loan?

You do not need a guarantor or collateral to receive a loan.

Can I repay the loan in installments?

Yes. Upon signing the contract, you will also receive a payment schedule, which will include information on the amount and term of the monthly payments.

Can I change the repayment date?

The repayment term is determined by the lender, but if you have difficulty making payments within the specified term, then contact the lender to agree on potential changes to the repayment term.

Can I get a second loan if the current one has not yet been repaid?

The lender usually issues a new loan only after the previous one has been repaid. However, you can take a loan from another lender.

What will happen if I don't repay the loan on time?

If you have difficulties repaying the loan, you need to contact the lender to agree on extending the loan repayment term. Overdue debts can result in penalty interest and make it difficult to get new loans in the future.

Why was my loan application denied?

The reason why your application could be denied:

  • you provided incorrect information in the application;
  • you have unpaid debts;
  • your age does not meet the requirements;
  • other reasons

How to contact

If you have any questions, please use our contact form!