Approvals aren’t guaranteed. Times vary by lender and applicant profile. For a side-by-side comparison, see Best Online Loans.
Is “instant” truly instant?
Usually it means verification within minutes if data matches and fraud checks clear. Disbursement can be same day, but it’s not guaranteed. New users may face extra checks compared to repeat customers with on-time repayments (see how to get approved).
How to speed up approval
- Use your own, active phone number registered to your name.
- Have NIC photos and a selfie ready; ensure good lighting.
- Enter bank details exactly as on your account; avoid typos.
- Respond to calls/SMS quickly; keep your phone reachable.
Quick providers
- Fino.lk — many approvals under ~10 minutes for smaller amounts.
- Oncredit — quick decisions for first-time borrowers with clean data.
- CashX — can be fast for repeat users with positive repayment history.
Costs & risks
Fast money can be expensive. Compare total cost, not just “first 0%”. Late fees escalate quickly; consider extensions only if affordable. If you’re unsure which product fits, read the Complete Guide.
Steps to apply
- Check eligibility (age 18–60, NIC, bank account in Sri Lanka).
- Fill in the online form; authorise identity/bank checks.
- Review the loan agreement (amount, term, schedule, fees).
- Confirm and wait for disbursement to your bank.