Verified Rate Data · Updated August 2026
Personal Loan Interest Rates in Sri Lanka (2026) — All Lenders Compared
We independently verified loan fees and interest rates for all listed Sri Lankan digital lenders. Unlike lenders who hide their true cost in daily fee jargon, we convert every fee structure into a standardized APR equivalent so you can make a fair comparison before applying.
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
APR Disclosure: The APR equivalents shown below are editorial estimates calculated by OnlineLoanLanka for consumer comparison purposes. They assume the loan is held for the full maximum term. Actual costs depend on your loan amount, tenure, and the specific fee tier applied at the time of your application. Always verify the exact fee on the lender's official website before signing.
Complete Rate Table — All Verified Sri Lankan Digital Lenders (2026)
| Lender | Fee Structure | Est. APR | Rates Verified |
|---|---|---|---|
| CashX | 0.01% - 2.2% daily service rate (0% promotional rate on first loan) | 146% Editorial Estimate | 2026-08-28 |
| LoanPlusDALA | 0% interest + 0.7% advisory + 1.5% service + 1%+ transaction fee | 116.8% Editorial Estimate | 2026-08-28 |
| FinoDALA | 0.01% - 2.2% daily fee structure with 0% promotional rate on first loan | 120.5% Editorial Estimate | 2026-08-28 |
| Monigo | Disclosed annual percentage rate of 190% APR (fixed monthly installment) | 190% ✅ Officially Published | 2026-08-28 |
| OnCredit | 0% interest promo on 1st loan; 0.5% - 1.9% daily rate on subsequent cycles | 135% Editorial Estimate | 2026-08-28 |
| Credify | Free comparison matching; partner APRs up to 365% (0% first loan promos available) | 180% Editorial Estimate | 2026-08-28 |
| SOSCredit | Free loan search; matched partner rates starting from 0% promo to variable APR | 160% Editorial Estimate | 2026-08-28 |
| Soso | Free referral matching; partner APRs vary by risk profile (0% promo options) | 175% Editorial Estimate | 2026-08-28 |
Cost Worked Example — Rs 20,000 for 20 Days
CashX (at 2.2%/day)
2.2% × Rs 20,000 = Rs 440/day
Rs 8,800 total fee
Total repayment: Rs 28,800
LoanPlus (first-time: 0% interest)
Service + advisory + txn fees apply
~Rs 4,000–6,000 total
Total repayment: ~Rs 24,000–26,000
CashLoan (at 2.2%/day)
2.2% × Rs 20,000 = Rs 440/day
Rs 8,800 total fee
Total repayment: Rs 28,800
* These are illustrations using published rates. Actual fees vary. Always verify on the lender's website.
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Rate data is independently verified by our editorial team on the dates shown. OnlineLoanLanka may earn a referral commission from lenders. Full disclosure
Interest Rate FAQs — Sri Lanka Digital Loans (2026)
For traditional commercial banks, personal loan interest rates range from 14% to 22% APR annually. For digital micro-lenders offering short-term loans (5–30 days), fees are structured as daily percentages which — when converted to annualized APR — range from approximately 116% to 190% APR. However, these lenders are designed for 10–30 day use, not full-year borrowing.