Loanme

Loanme – With highly advanced artificial intelligence technology and proven financial strategies, we bring innovation and change into the online financing industry in Sri Lanka. Our platform connects loan originators with the customer segment which requires financial support. We offer to take loans online with great convenience and ensuring the best user experience in the industry. Customers applying for financial solutions from us can complete the entire process online, eliminating paperwork, complex approval procedures, and guarantors at the same time. User-friendly application process To get started all you need to do is download and install the Loanme App, fill out a simple application form with your details, your NIC-card, bank account number as well as upload your documents. Done - the approval process will take just 10 minutes after you will receive an SMS-message with the loan status and your cash loan will be instantly sent by our partners to your bank account. What are the requirements? 1. Valid NIC card 2. Active bank account with any bank 3. Aged between 20-60 years old 4. Currently employed for at least 3 months and with a steady income Amounts: Rs. 8,000 - Rs. 40,000 Minimum loan repayment period: 90 days Maximum loan repayment period: 180 days Minimum Annual Percentage Ratio (APR) : 91.98% Maximum Annual Percentage Ratio (APR) : 183.96% The standard rate can be reduced for repeat customer The total repayment amount is calculated by adding the loan principal to the interest accrued, which is determined by multiplying the loan amount by the loan term and the applicable interest rate. All fees have been factored into the overall cost of the loan. Example Calculation of Monthly Payment with Interest: If you borrow Rs 8,000 for 90 days (3 months), the interest accrued will be Rs 3,600, calculated as Rs 8,000 * 90 * 0.005. The total repayment amount is Rs 11,600, which is the sum of the loan principal and the interest. When repaid in three equal installments, each monthly payment will be Rs 3,866.67. All applicable fees are already included in the total cost of the loan. Please refer to the Terms & Conditions for comprehensive details on the product. © 2020 ALL RIGHTS RESERVED TO FINTECH SOFTWARE SOLUTIONS (PRIVATE) LIMITED. FINTECH SOFTWARE SOLUTIONS (PRIVATE) LIMITED IS A COMPANY DULY INCORPORATED AND REGISTERED UNDER THE LAWS OF SRI LANKA, WITH COMPANY REGISTRATION NO. PV119833 GRANTED BY REGISTRAR OF COMPANIES AT COLOMBO. FINTECH SOFTWARE SOLUTIONS (PRIVATE) LIMITED OPERATES THE ONLINE PLATFORM WHICH CONNECTS THE BORROWERS WITH THE LENDERS, WHILE ITSELF FACILITATING LOAN PROCESS AS A LENDER OR LOAN PROVIDER. FINTECH SOFTWARE SOLUTIONS (PRIVATE) LIMITED OPERATES THE ONLINE PLATFORM UNDER THE BRAND NAME, LOGO, AND TRADEMARK OF "LOANME". --------------------------------------- Website: https://loanme.lk/ Email: [email protected] Fan page: https://www.facebook.com/loanme.lk/ No. 321, Galle Road, Colombo 03 Customer Support Number : +94117877555