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Sep 28, 2017 - 34 minute read

Commercial bank sri lanka personal loan interest rates

We will let you know in an e-mail whether your application is accepted or denied. If accepted, you will be given a link to download your Loan Agreement contract.

You click the download link in your e-mail and download the contract. You read the contract it in full, and then agree to it by telephoning our automated agreement system, keying in your contract number, and saying your name and that you agree over the phone. New customers: We schedule an EFT payment (a Direct Deposit) directly into your bank account. This payment will be processed the following business day, with the money in your account by lunchtime. Reloan customers: As long as your banking information has not changed, you are eligible for an Interac E-mail transfer, which will get you money in about 30 minutes once your loan has been approved and activated on our side.

Commercial bank sri lanka personal loan interest rates

Most of the time, the APR for short term loans ranges from 260. 71 to 1825. 00, though this can vary somewhat. Although the APR associated with short term loans is higher than that associated with other forms of credit, it is still considerably less than the charges associated with overdrafts and nonsufficient funds.

Please see below for a cost comparison. • Nonsufficient Funds with Bounced Check Fee: 45 total charge, 1173. 21 APR • Overdraft Fee: 40 charge, 782. 14 APR • Late Fee: 20 charge, 521. 43 APR • Short Term Loan: 10 charge, 260.

Commercial bank sri lanka personal loan interest rates

Customers with credit difficulties should seek credit counseling before entering into any loan transaction. See State Center for specific information and requirements.

Check N Go OH License SM. 501663, CS. 900077, and CC. 700416.

Commercial bank sri lanka personal loan interest rates
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