Benefits of an online loan over a bank loan

A loan is a sum of cash borrowed for a set period inside a concurred reimbursement plan. The reimbursement sum will depend on the estimate and length of the loan.

Aren’t you fed up going behind banks, staying in the queue for hours, and filling so many applications just to get a loan? We know it’s a long process when it comes to bank online. That’s why we introduce CASHX, one of the leading online loan platforms. It a pioneer in providing online loans in Sri Lanka.

The utilize of online credits has been on the rise recently. This can be since most individuals live from installment to installment. In that, they utilize all their pay to meet their month-to-month costs with no investment funds for a rainy day. There has been a rise in the number of online cash loaning applications. With more individuals enrolling to utilize them.

Now you must be wondering why you should go for an online loan in Sri Lanka rather than a bank loan.

Availability

At cashx,  you can submit your applications even at night, even on weekends, even in the morning of January first. Cash works around the clock to provide the best service to you. Simply, unlike banks, cashx is available 24/7.

User convenience

At cash if you are applying for an online cash loan,  it will be given to you within 15 minutes even with a 50% discount. You have to provide the necessary information correctly and a photo of your NIC, passport, or license. And you get quick approval in 5 minutes in online cash loan service.

Minimul documentation

When you are requesting a  cash loan at cashx online loan service, the only documentation you have to provide is the NIC, passport, or driving license. The specialty at cashx , they don’t demand a certificate of income, survey, or a pledge. That’s why cashx has become one of the popular online loans in Sri lanka.

No Physical Submission

You don’t have to visit any bank or branch when you deal with an online cash loan. All the required documents can be submitted by uploading on the cashx from your smartphone or computer itself.

Small cash loans

Cashx provides cash loans, online cash loans, and fast cash loans from 5000 to 40, 000 RPS.

Low-interest rates

At cashx u get a low-interest rate when compared to some banks. 15.8 to 18.1% per month

(maximum APR 216.12%) is the interest rate for  online cash loans, cash loans

Quick disbursal

If you applied for a cash loan at cashx, the intended money amount will be directly transferred to your card within a small period.

Reliability

Cashx, guarantees your confidentiality and protection of your data, as well as cashx, will surely search for a solution at hard times without leaving you alone.

No payment penalty

Unsecured loans like personal loans from banks come with a strict pre-payment penalty. Numerous of them permit pre-payment as it were after completion of 1 year on the advance. But numerous a time, the money related needs may be short-term in nature due to liquidity issues. In these cases, you will be stuck with a credit for longer residencies fair since you cannot prepay and near your credit..THE MAIN term of the issue is the return period for both new and regular customers is up to 30 days and there is an ability to extend the loan period, but when renewing the client will not be charged increased penalties for cash loans or online loans.

Profitability

The ability to quickly improve credit history With any credit history for all time

Unlike in a bank getting an online loan is just easy three steps away

• First, you have to call or leave a request by filling out the forms
• Second, wait for the decision, not more than one minute of waiting time
• Third,  receive the money you always waited for

No offense now you must be wondering about how easy is this online loan to get within 15 minutes. A step-by-step scheme to take a loan online to a card.

• Create your private space on the website
• Sign the contract with cashx

The common requirements for when requesting a loan online, cash loan, or fast cash loan at cash  are

• You being a citizen of age 20 to 60 years
• You have to fill in your information correctly and precisely
• The telephone number you will be using must be registered under your own name
• Ultimately provide a photo of your NIC, driving license, or passport.

As we mentioned above cashx provides an online platform to request online loans in sri lanka. Which come with numerous advantages than a bank. therefore without hesitating and waiting just like you always did, grab this opportunity to fullfil your own dream.