Fee Transparency Audit · 2026
Hidden Fees in Sri Lanka Online Loans — Full Lender Breakdown (2026)
Sri Lankan digital lenders don't always call their fees "interest." They use labels like service fee, advisory fee, consulting fee, and transaction fee. Our editorial team breaks down every fee component for each verified lender so you know exactly what you're paying before you sign.
Priyantha Jayasuriya Financial Analyst
Lead Financial Analyst & Banking Specialist
MBA (Finance) - University of Colombo
Independently Audited & Verified
Published: 2026-08-20·Updated: 2026-08-25
Key Takeaways & Quick Summary
- All fees (service + advisory + transaction) must be added together to find your true borrowing cost.
- LoanPlus publishes a 0% nominal interest rate for first-timers — but service, advisory and transaction fees still apply.
- Late payment fees begin the day after your due date — set a calendar reminder before applying.
- Always use our EMI Calculator to compute the exact rupee total before signing with an OTP.
Important Before You ProceedFee structures shown below are based on publicly available information verified at the date shown. Daily rates and fee tiers may vary based on your loan amount, tenure, and borrower profile. Always verify on the lender's official website before signing a loan agreement via OTP.
Complete Fee Breakdown — All Verified Lenders
Lo
LoanPlus
AIS IT Consulting Services (Private) Limited · ROC: PV00215063
| Fee Component | Rate / Amount |
|---|---|
| Nominal Interest | 0% |
| Advisory Fee | 0.7% per period |
| Service Fee | 1.5% per period |
| Transaction Fee | 1%+ (varies by bank) |
| Late Payment Fee | Additional daily fee |
📊 ~116.8% APR equivalent for standard 30-day loan
Ca
CashX
A V Business Solutions (Private) Limited · ROC: PV00211145
| Fee Component | Rate / Amount |
|---|---|
| Daily Fee | 0.01% – 2.2% per day |
| Processing Fee | Included in daily rate |
| Late Payment Penalty | Higher daily rate |
| Rollover/Extension | Varies |
📊 ~160% APR equivalent at maximum 2.2%/day rate
Ca
CashLoan
· ROC:
| Fee Component | Rate / Amount |
|---|---|
| Service Fee | 1.5% per period |
| Consulting Fee | 0.7% per period |
| Transaction Fee | From 1% |
| Daily Rate Cap | Up to 2.2%/day |
| Late Penalty | Applied from next day |
📊 ~155% APR equivalent for standard 30-day loan
Mo
Monigo
Monigo (Private) Limited · ROC: PV00234190
| Fee Component | Rate / Amount |
|---|---|
| Annual Percentage Rate (APR) | Up to 190% p.a. |
| Monthly EMI | Fixed per agreement |
| Origination/Setup Fee | Included in APR calculation |
| Late Penalty | Per agreement terms |
📊 190% APR officially published — most transparent rate disclosure on site
Calculate Your Exact Total Repayment
Enter your loan amount and daily rate to get the precise rupee total before you sign.
Fee data independently verified at dates shown. We may earn a referral commission from lenders. Full disclosure
Hidden Fees FAQs — Sri Lanka Online Loans
Most Sri Lankan digital lenders do not call their charge "interest" — they split it into service fees, advisory fees, consulting fees, and transaction fees. This is a legal structuring choice. In practice, the total of all these fees is your borrowing cost. We add them all up and convert to APR for transparency.