Online loans with 0%

Compare and choose one of 7 lenders.

Loanplus.lk
Fast money
0% up to Rs 50 000
max Rs 80 000
20 - 60
10 min.
Cashx.lk
The first loan 0%
0% up to Rs 80 000
max Rs 80 000
20 - 60
15 min.
Credify.lk
First loan is free
0% up to Rs 25 000
max Rs 80 000
20 - 80
15 min.
Fino.lk
First loan with 100% off
0% up to Rs 20 000
max Rs 100 000
20 - 60
10 min.
Oncredit.lk
The first loan 0%
0% up to Rs 50 000
max Rs 100 000
20 - 55
10 min.
Soscredit.lk
0% first loan
0% up to Rs 25 000
max Rs 80 000
20 - 80
15 min.
Soso.lk
Online Loans
0% up to Rs 25 000
max Rs 80 000
20 - 80
15 min.

Information about lenders

Loanplus.lk - AIS IT CONSULTING SERVICES (PRIVATE) LTD

Address: 47 Alexandra Place, Colombo 7

Phone number: +94 114 411 122

E-mail: info@loanplus.lk

Max APR: 803%

Term: 62 days - 1 year

Age: 20 up to 60

Loan of RS 10 000 for 3 months, monthly payment RS 6 633 total amount RS 19 900, annual percentage rate APR 198%.

Cashx.lk - A V BUSINESS SOLUTIONS (PRIVATE) LTD

Address: 47 Alexandra Pl, Colombo 00700

Phone number: +94 117 474 111

E-mail: info@cashx.lk

Max APR: 216.12%

Term: 62 days - 1 year

Age: 20 up to 60

Loan of RS 5 000 for 3 months, monthly payment RS 1 650 total amount RS 9 950, annual percentage rate APR 216.12%.

Credify.lk - CREDIFY

Address: Sri Lanka

Phone number: -

E-mail: info@credify.lk

Max APR: 365%

Term: 90 days - 1 year

Age: 20 up to 80

Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.

Fino.lk - S F Group (PRIVATE) LIMITED

Address: No 47, Alexandra Place, Colombo 7, Sri Lanka

Phone number: +94 117 750 300

E-mail: info@fino.lk

Max APR: 15%

Term: 62 days - 1 year

Age: 20 up to 60

Loan of RS 50 000 for 6 months, monthly payment RS 8 948, total amount RS 53 688, annual percentage rate APR 15%.

Oncredit.lk - ONCREDIT (PRIVATE) LTD

Address: 106, Dharmapala Mawatha, Colombo 07

Phone number: +94 117 811 555

E-mail: info@oncredit.lk

Max APR: 16%

Term: 120 days - 6 months

Age: 20 up to 55

Loan of RS 5 000 for 3 months, monthly payment RS 2 867, total amount RS 8 601, annual percentage rate APR 16%.

Soscredit.lk - SOSCREDIT

Address: Sri Lanka

Phone number: -

E-mail: info@soscredit.lk

Max APR: 365%

Term: 90 days - 1 year

Age: 20 up to 80

Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.

Soso.lk - SOSO

Address: Sri Lanka

Phone number: -

E-mail: info@soso.lk

Max APR: 365%

Term: 90 days - 1 year

Age: 20 up to 80

Loan of Rs 50 000 for 6 months, monthly payment Rs 8 948, total amount Rs 53 688, annual percentage rate APR 15%.

Loans with 0% in Sri Lanka 

Creditsms.com is a reliable online platform that allows users to compare loans and find the ideal 0% online loan. With a user-friendly interface, it simplifies the loan search process, helping borrowers make well-informed decisions. By entering their financial details and preferences, individuals can access a curated list of loan options with 0% interest rates. This unique feature ensures that borrowers can secure a loan without incurring any interest charges, saving them money. Creditsms.com prioritizes transparency and convenience, making it effortless for users to select the perfect loan that suits their needs while enjoying the benefits of a 0% online loan. 

Reasons for getting a loan 

  • Emergency Expenses: Online loans are often sought to cover unexpected medical bills, repairs, or other urgent financial needs. 

  • Education Expenses: Funding education, including tuition fees and study materials, is a common reason for online borrowing. 

  • Small Business Ventures: Entrepreneurs and small business owners often use online loans to invest in their businesses or manage working capital. 

  • Debt Consolidation: Borrowers may consolidate high-interest debts into a single online loan to simplify repayments and reduce interest costs. 

  • Home Improvements: Financing home renovations and repairs is another prevalent use of online loans in Sri Lanka. 

Optimal loan amount and repayment duration 

  • Loan Amount: Determine the exact sum you require. Borrow as much as you need. 

  • Loan Repayment Term: Choose a repayment period that aligns comfortably with your financial situation. You can opt for terms from 62 days to 1 year. 

Pay special attention to the interest rate the financial institution offers. As a first-time client, you might enjoy the privilege of accessing a first loan with a 0% interest rate. However, remember that the maximum annual percentage rate (representing your expenses for utilizing the loan money) can reach up to 365%. 

Calculate your costs  

You select a loan amount of RS 50 000 with a repayment plan spanning 6 months. The annual percentage rate is 15%. Based on this, your monthly instalment will be RS 8 948, and the associated commission amounts to RS 3 688. When the loan term concludes, the total amount you’ll repay will sum up to RS 53 688. 

You can apply if you meet the following criteria: 

  • Age requirements may vary depending on the conditions of the lender.  

  • Borrowers must provide a valid identification document (valid NIC details).  

  • An active bank card or functioning bank account is necessary to receive the loan funds.  

  • A valid phone number and email. 

For successful loan repayment, consider these smart strategies:  

  • Communication: If unexpected issues arise, contact your lender immediately for a loan extension, keeping in mind a possible small fee. 

  • Organization: Mark payment dates on your calendar or use automatic payments through Internet banking to ensure punctuality.  

  • Proactivity: Make payments a bit earlier to ensure delivery to your lender on time.  

  • Prompt response: Address repayment challenges quickly to avoid adverse consequences like dealing with collection agencies. 

Creditsms.com is your guide to the world of Sri Lanka lenders and loan options. However, do keep in mind that we are not a lender and do not offer loans ourselves.