Frequently asked questions

What is Loansonline-24.com?

Loansonline-24.com is a website that collects various financial services in one place so that you can quickly and easily find the most suitable offer. The Loansonline-24.com service is convenient, understandable and available at any time.

What should be considered when choosing a loan?

Before signing the contract, compare loan interest rates, repayment terms and requirements for borrowers! It is important to compare these criteria so that you can find the most suitable loan for your needs.

What are the requirements for borrowers?

To get a loan, you must have:

  • bank account in one of the banks registered in Sri Lanka,
  • at least 20 years old,
  • valid NIC details,
  • a valid mobile phone number,
  • email address.

How long does the lending process take?

It can take from 15 minutes to one working day, but more accurate information will be provided on the lender's website.

Is collateral required?

No, you can get a loan without a guarantor or collateral.

Do I have to go to a branch to get a loan?

No, with the help of the online service you can get a loan without leaving your home

How do I know if I will receive a loan?

You will receive a text message to your phone number or an email to your registered email address about the decision to grant a loan.

Is it possible to change the loan repayment date?

If you have difficulties with loan repayment, you should contact the lender to agree on an extension of the repayment term!

What should I do if I need to apply for an additional loan?

You can receive a new loan only after the previous one has been repaid. 

What happens if I don't repay the loan by the due date?

Missed repayments can lead to fines that can put your entire finances at risk. It can make it difficult to apply for and receive new loans in the future.

What are the reasons why a lender can refuse to issue a loan?

Reasons why lenders may refuse to grant a loan:

  • your age does not meet the lender's requirements,
  • you already have several active loans,
  • you provided incorrect information in the application,
  • other reasons

How can I contact Loansonline-24.com?

If you have any questions about the Loansonline-24.com service, please use our contact form!