Lotus Loan: Your Convenient Sri Lankan Online Loan Solution. Experience a smooth and effortless borrowing process with Lotus Loan, Sri Lanka's premier online loan service. Access the user-friendly mobile app anytime, anywhere, eliminating the need for bank visits. Transparency is key; loan terms, fees, and repayment schedules are clearly outlined before you commit. Loans range from RS 10,000 to RS 80,000, with repayment periods from 92 to 180 days and an annual interest rate up to 12%. Monthly payments are required, but full repayment isn't due within the initial 92 days. Eligibility requires Sri Lankan citizenship, age 22 or older, a bank account, and a stable income. Customer support is available from 8:30 am to 5:30 pm.
Key Benefits of Using Lotus Loan:
- Unmatched Accessibility: Apply for a loan anytime, anywhere using our convenient mobile app. No more trips to banks or lenders!
- Effortless Application: Enjoy a seamless and stress-free borrowing experience.
- Complete Transparency: Understand your loan completely with clear information on terms, fees, and repayment schedules.
- Flexible Loan Options: Choose from a variety of loan amounts and repayment terms to suit your needs.
- Competitive Interest Rates: Benefit from competitive interest rates with a maximum APR of 12%.
- Straightforward Eligibility: Simple requirements: Sri Lankan citizenship, age 22+, bank account, and stable income.
