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About this app
MyLoan is a loan platform that helps all people in Sri Lanka who need funds to develop their business, shop, or in any other emergency situation.
Customers can obtain qualified loan products on their smartphones at any time. Meet your financial needs online 24/7. The computer review process allows users to wait for a short period of time after applying for a loan. The customer will soon receive the review results, and once approved, the loan amount will be immediately paid to the user's wallet.
To get loan from MyLoan, users need to be:
1. 18 years or above
2. Sri Lankan citizen
3. With regular source of income
How to APPLY
1. Download MyLoan
2. Register an account with your phone number
3. Fill in basic information
4. Submit the application
5. Wait for approval
[- Product Description -]
Loan amount - 5000 to 85000 LKR
Loan term - 91 days to 365 days
- APR: 3% to 12% per annum
- Management Fee - 1% to 5%
Late Fees Late fees of up to 0.1% per day (up to 18% of the overdue amount) are charged. There are no other secret fees on your loan.
- Users will only be penalized for late payment of scheduled payments.
[- For Example -]
APR 12% (per annum) 5000 LKR loan with a term of 91 days
Loan interest = 5000LKR x 12% / 365 x 92 = LKR 151.2
Loan Fee = 5000 LKR x 3% = 150 LKR
Total loan = 5,000 LKR
The total loan amount is 4850 LKR (50,000 to 1,500 LKR).
The total loan that needs to be repaid is 5151.2 LKR (5000 LKR + 151.2 LKR).
- Repayment of 5151.2 LKR due
Security
Don’t worry about your personal information. CashRain promises that it is safe and we will not share it to anyone without your consent.
ADRESS: Lucky Plaza 70/20 St Anthony’s Mawatha, Colombo 03 Visit Office Office Customer Service Email: myloan123100@gmail.com
Customers can obtain qualified loan products on their smartphones at any time. Meet your financial needs online 24/7. The computer review process allows users to wait for a short period of time after applying for a loan. The customer will soon receive the review results, and once approved, the loan amount will be immediately paid to the user's wallet.
To get loan from MyLoan, users need to be:
1. 18 years or above
2. Sri Lankan citizen
3. With regular source of income
How to APPLY
1. Download MyLoan
2. Register an account with your phone number
3. Fill in basic information
4. Submit the application
5. Wait for approval
[- Product Description -]
Loan amount - 5000 to 85000 LKR
Loan term - 91 days to 365 days
- APR: 3% to 12% per annum
- Management Fee - 1% to 5%
Late Fees Late fees of up to 0.1% per day (up to 18% of the overdue amount) are charged. There are no other secret fees on your loan.
- Users will only be penalized for late payment of scheduled payments.
[- For Example -]
APR 12% (per annum) 5000 LKR loan with a term of 91 days
Loan interest = 5000LKR x 12% / 365 x 92 = LKR 151.2
Loan Fee = 5000 LKR x 3% = 150 LKR
Total loan = 5,000 LKR
The total loan amount is 4850 LKR (50,000 to 1,500 LKR).
The total loan that needs to be repaid is 5151.2 LKR (5000 LKR + 151.2 LKR).
- Repayment of 5151.2 LKR due
Security
Don’t worry about your personal information. CashRain promises that it is safe and we will not share it to anyone without your consent.
ADRESS: Lucky Plaza 70/20 St Anthony’s Mawatha, Colombo 03 Visit Office Office Customer Service Email: myloan123100@gmail.com
Updated on
Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Location, Personal info and 6 others
No data collected
Learn more about how developers declare collection
Data is encrypted in transit
You can request that data be deleted
What's new
fix some bugs