Discover unexpected convenience with Ceyloan – The leading personal finance App for all your financial needs in Sri Lanka. By simplifying the borrowing process and saving you time, Ceyloan is a reliable companion for managing your personal finances. Enjoy a hassle-free experience with a quick online registration process, attractive interest rates, and flexible repayment options. Additionally, explore a variety of financial services and fast loan approvals, all at your fingertips. Ceyloan App – Your versatile financial solution for everyday life.
Ceyloan App Loan Products
Here are the details of the loan products offered by the Ceyloan app, including:
- Maximum loan amount of Rs. 50,000.
- Minimum interest rate is 0% (0% interest for the first loan).
- Maximum interest rate is 182.5%.
- Loan tenure ranges from 91 days to 180 days.
- No processing fee, 100% free consultation and documentation.
- Quick processing time, disbursement within 30 minutes.
- Applicants must be over 20 years old, a Sri Lankan citizen, and have a stable job.
- Use of a personal bank account and active phone number is required.
If you borrow Rs. 5,000 for 91 days (3 months), it will be calculated as follows:
- The interest amount will be 5,000 Rs * 91 * 0.005 Rs = 2,275.
- The total amount to repay will be 5,000 + 2,275 = 7,275.
- The installment payment will be 7,275/3 = 2,425 Rs.
Pros and Cons Evaluation of Ceyloan App
Below are some of the pros and cons of the Ceyloan app, including:
- Fast and easy registration process, no collateral required.
- Disbursement within 30 minutes directly to the bank account.
- Provides multiple financial services in one app.
- Offers competitive and flexible interest rates, suitable for customers.
- Allows for choosing loan terms and repayment methods that suit personal financial conditions.
- Simple and user-friendly design, facilitating a smooth user experience.
- Dedicated customer support team providing attentive and helpful assistance.
- Some loans come with high-interest rates, particularly for customers with poor credit profiles.
- The app applies late fees if customers fail to make payments on time.
- Online borrowing through Ceyloan could lead to debt accumulation or financial risks.
Guidelines for Applying for a Loan at Ceyloan
To apply for a loan at Ceyloan, you only need to follow these 4 simple steps:
Step 1: Download the Ceyloan APK/IOS App from cashloanapp.net, then register your account.
Step 2: Enter the required personal information details and upload the necessary verification images.
Step 3: After the information is verified, check the status of your loan application in the app and receive notifications via SMS.
Step 4: Once your application is approved, electronically sign the contract, and the loan amount will be transferred to your account within just 30 minutes. You will receive an SMS notification about the disbursement status.
Note: Upon receiving the loan amount, remember the repayment date to avoid late fees.
Ceyloan App Requires Phone Access Permissions
Ceyloan will require the following permissions to operate smoothly:
- Access to messages to send notifications and updates related to loan status and other financial transactions.
- One-time access to Location, Camera & Media to verify your location and capture necessary images for the personal verification process.
- Limited device information usage to restrict the app’s access to necessary information on your device, ensuring the security of personal information.
Note: Providing these permissions is necessary to ensure the efficient operation of the Ceyloan app and provide the best experience for users.
Paying a Loan on Ceyloan
To pay a loan on Ceyloan, follow these steps:
Step 1: Open the Ceyloan App and log in with your credentials.
Step 2: On the main interface, find the payment option or select the icon related to loan payment.
Step 3: Choose the payment method you want to use, which can be a credit card, debit card, or bank account.
Step 4: Enter the amount you want to pay and confirm your payment information. Double-check the payment information, then confirm the payment to complete the process.
Step 5: After a successful payment, you will receive a payment confirmation notification in the app and can receive detailed information via SMS or email.
Note: The payment process may have some minor variations depending on the specific interface of the Ceyloan app and the supported payment options.
Contact Information and Customer Support
To contact and receive support from Ceyloan, you can use the following contact information:
- Official website: https://ceyloan.lk
- Company information: CeylonTech Lanka Private Limited
- Address: No 25, Simon Hewavitharana Road, Colombo 3, Sri Lanka.
The Ceyloan customer support team will assist you in addressing any inquiries or issues related to their online cash loan services.
Ceyloan is a diverse and convenient financial app in Sri Lanka. The app provides fast and flexible personal loan services along with attractive utilities. With its simple process, quick processing speed, and reliability from leading partners, Ceyloan caters to users’ financial needs conveniently and effectively.