Lotus Loan - Sri Lanka

Description

Lotus Loan is online loan service offers a seamless and hassle-free borrowing experience. With convenient accessibility, borrowers can apply for loans anytime, anywhere, using our user-friendly mobile application avoiding the need for physical visits to banks or lenders offices.

We provide clear information about loan terms, fees, and repayment schedules, so you know exactly what you're getting into before you accept a loan.

The product
- Loan: From RS 10 000 to RS 80 000
- Loan term: 92-180 days
- Interest rate: up to 12% (Max APR=12.0%/year) applied for all loans advised by Lotus Loan
*provided by Zephyr Solutions (Pvt) Limited

Loan calculation example:
- Loan amount: RS 20 000
- Loan period: 92 days (Note: minimum period of 92 days - maximum period up to 180 days for repeat loans)
- Consulting fee: RS 1 800
- Service fee: RS 9 840
- Interest rate (Max APR=12.0%/year): RS 401
- Total payment: RS 32 041
Customers make regular monthly payments. We do not require to pay off the loan within 92 days.

Requirements to get the loan:
- Be a Sri Lanka citizen
- Over 22 years
- Have a bank account
- Have a stable income

If you have any questions, please contact:
- Customer Service & Support Center: 8:30am - 5:30pm, Monday - Friday
- Hotline: 0 117 821444
- Facebook: https://www.facebook.com/PageLotusLoan
- Website: http://www.lotus.loan
- Email: info@lotus.loan
- Address: No. 07 – 1/1, Cotta Terrace, Dr. N. M. Perera Mawatha, Colombo 8