CashMobile

CashMobile is a platform dedicated to providing safe and reliable loan services to users in need of short-term loans, with the goal of fostering a healthy lending relationship with its users.

Application Conditions:

1. Citizens holding a Sri Lankan identity card
2. Age must be between 18-65 years old
3. Have a bank account in Sri Lanka
4. Ability to repay

Application Process:

1. Download the CashMobile app
2. Provide accurate personal information
3. Apply for a loan within the app
4. Upon approval, the loan amount will be directly transferred to the user's bank account

Product Details:

• Loan amount: 5000 to 85000 LKR
• Loan term: 91 days to 365 days
• Annual Percentage Rate (APR): 3% to 12%
• Management Fee: 1% to 5%
• Late Fees: Up to 0.1% per day (maximum of 18% of overdue amount)
• No hidden fees; late penalties apply only for missed scheduled payments

Cost Example:

• For a 91-day, 5000 LKR loan at an APR of 12%
• Loan interest: 151.2 LKR
• Loan Fee: 150 LKR
• Total repayment: 5151.2 LKR

Data Security:

User information is securely protected through encryption, and no user data is shared with third parties.

Contact Information:

• Company Name: TECHNOFIN (PVT) LTD
• Address: No. 29 Deal Place Colombo 3.
• Email: [email protected]
• Phone Number: 0750527204