Cashwagon

https://onlineloan-lk.com/Cashwagon
Easy to apply
4.0/5
Approval time
5.0/5
No hidden condition
5.0/5
Renewal rules
5.0/5
Service quality
5.0/5
Customer support
4.0/5
Borrower requirements
  • Be over 18
  • Be a citizen or permanent resident of Sri Lanka (hold a valid NIC)
  • Have a stable source of income
  • Have a valid bank account in Sri Lanka.
Optional
  • Copy of proof of home address
  • The lender can check the credit history of the borrower
Contact information
Phone number: (+94) 11 74 63 100
Shedule 24/7
Mon
Tue
Wed
Thu
Fri

Cashwagon is a fintech company that offers a wide range of consumer financial products to underserved people in South-East Asia. Its platform is built based on AI and Big Data, allowing its credit partners to offer competitive financing solutions.

The company launched an app for borrowers to check their loan status and make payments. It also allows them to re-apply for loans.

Loan parameters
  • Loan amount
    5000 - 50000 LKR
  • Interest rate
    0,6% per day
  • Term
    30 - 180 days

Easy to apply for

The Cashwagon website in Sri Lanka is easy to navigate and provides customers with a wide range of loan products. This includes fast cash loans, e-banking services, and more. It is also the first fintech company in Sri Lanka to receive ISO certification.

The company has been in business since April 2017 and has helped over 200,000 borrowers get access to funds. The company has also scooped the Best Use of Technology in Finance Sector Award at the South Asian Business Excellence Awards 2019.

Another important feature of the Cashwagon in Sri Lanka online lending platform is that it allows borrowers to apply for loans without having to provide collateral or any other form of security. In addition, the loan application process is streamlined and takes only 30 minutes. The company claims that its approval rates are above 80% and it disburses the funds to the borrower’s bank account within hours of receiving a valid request.

In addition to the aforementioned loan products, Cashwagon also offers a number of other financial services, including mobile money and insurance. The latter is available in collaboration with leading insurers and enables its users to enjoy competitive prices and benefits.

With the aid of AI, Machine Learning and Big Data, Cashwagon’s patented technology detects and identifies suspicious loan applications. The system can even trace the fraudsters and hand them over to the police if necessary.

Cashwagon also uses artificial intelligence to identify the best possible loan deal for its borrowers and thereby reducing their loan cost. This is achieved by evaluating a customer’s credit worthiness, financial status and overall financial situation.

This enables the company to offer its clients competitive interest rates and flexible repayment options. For example, if you are not able to repay your debt on time, Cashwagon will negotiate for an extension of the term with the lender to avoid penalties and interest charges.

The company also has a number of other services that are designed to improve customer experience. These include a loan calculator, credit card comparison tool and an easy-to-use app that helps users to find the right loans for their needs.

No collateral required

Cashwagon is a fast and easy way to get a loan when you need money. You can apply online and have your funds sent directly to your bank account within an hour. The company also offers flexible repayment options so you can choose a plan that works for you.

The company’s mission is to help people with their everyday cash needs. This includes loans for unexpected emergencies, such as medical bills or utility bills. It also provides a variety of other financial products, such as credit cards and insurance.

Unlike other similar loan services, cashwagon does not ask for any collateral from its customers. This is because it knows that many borrowers don’t have the necessary assets to secure a loan.

Additionally, cashwagon is a secure website, which means that you can feel confident that your personal information will not be shared with third parties. This is especially important if you want to avoid identity theft.

To protect its customers, Cashwagon uses a unique IT system that allows it to detect suspicious application filling behaviour of potential fraudsters. This system consists of AI (Artificial Intelligence), Machine Learning and Big Data.

Cashwagon also collaborates with local law enforcement agencies in order to prevent fraudulent activities. This includes working closely with the Sri Lankan Police Department to investigate fraudulent applications and prosecute those who have committed these crimes.

This technology is a key part of the Cashwagon business model and allows the company to provide the best services to its customers. In addition, it helps Cashwagon to protect its reputation and brand image from scammers and liars.

Thousands of people have used payday loans from Cashwagon to make it through financial crises and emergency situations. This has enabled them to pay their bills, rent and other essential expenses without having to worry about losing their job or losing their home.

As an award-winning fintech company, Cashwagon is committed to providing consumers with access to financial products that they need. It has recently launched its innovative instalment loans product to help local consumers in Indonesia and Sri Lanka.

Fast disbursement

Cashwagon, an online loan company based in Singapore, has become a household name in Southeast Asia (with operations in Sri Lanka, Indonesia, Vietnam and Malaysia). This financial technology company is known for offering consumer finance products that target underserved communities, as well as providing rapid access to financial services.

The company’s success has earned it two industry awards: the Fastest Growing Fintech Company award, as well as CEO of the Year at the International Business Magazine Awards in Sri Lanka. It is a proud pioneer of fintech in Sri Lanka and was the first digital platform to introduce rapid online consumer finance services to historically underserved communities, such as young people and those with poor credit scores.

Getting approved for a loan in cashwagon is simple and quick. The application form only takes five minutes, after which you will be notified via SMS that your request has been approved. You will also receive a contract via email / SMS that clearly states all the terms of the loan.

It is important to read the agreement carefully and understand what the repayment terms are. In addition, you will be informed about the interest rate and penalty fees.

Another advantage of cashwagon is that the loan amount is immediately disbursed to your bank account, as opposed to being transferred to your personal account. This makes it easy to track the money you borrow and repay the loan.

If you are a new customer, the loan amount is usually 0% for the first seven days, while the repayment period ranges from three to six months. For repeat customers, the interest rates can vary according to their payment habits.

To apply for a loan, you will need to provide a valid email address and a phone number. The lender will then contact you to verify the information provided.

After approval, you can expect your money to be sent to your bank account within an hour. If you have any questions or concerns, the customer service team will be happy to assist you.

Cashwagon’s team is available around the clock, and you can use the website or mobile app to make contact with them. They are always ready to answer your queries and help you through the process of applying for a loan or submitting documents.

Customer service

Cashwagon is a financial firm that offers online loans to customers who have been rejected by traditional lenders. Its services are available around the clock and can be accessed through a mobile application. The company offers payday loans and other types of credit. It is a global brand and operates in many countries, including Sri Lanka.

It offers fast and convenient online credit and is known for its customer service. The company’s customer support team is available to answer any questions you may have and help you with your loan application.

To get a payday loan, you need to fill out an online form with your personal information. Then, you need to select the loan amount and the repayment term. The process is quick and easy, and the status of your application can be found within 30 minutes.

Once you have filled out your application, you will be contacted by a representative to discuss the details of your loan. This person will explain the process of applying for a cash advance and the benefits of the service. He will also ask you to provide the name of a contact number so that he can call you back.

If you are not sure whether or not you are eligible for a loan, the company offers a free credit check. The company also has a customer support line that is open 24 hours a day.

You can also reach out to them via email or social media. They will help you with any questions you may have and can provide you with an estimate of how much you will need to pay in total.

Cashwagon is a popular lender in Sri Lanka, offering payday loans. It has helped thousands of people who have been denied by traditional lenders and provided them with the money they need. The company has received two awards for its efforts to make loans accessible to the public.

Your comment

PP
Priyanka Perera
13 January 2024
The online process was seamless, and I could get a loan for personal use without any hassle.
DF
Dilan Fernando
05 December 2023
Borrowing online through this service is fast and convenient. The registration process is simple and transparent. Thank you for your efficiency and professionalism!
LB
Lakshan Bandara
01 August 2023
Being a young entrepreneur, getting a loan of 50000 LKR from traditional banks was a challenge. But with Cashwagon, it was surprisingly smooth, with clear terms and no hidden costs. I'm truly impressed!
M
Matara
28 March 2023
Cashwagon's interest rates are very competitive and their repayment options are flexible. Great service overall!
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Testimonials

Sahan
An online loan is convenient, fast and hassle-free. The need for it arose for the first time, and I was a little worried. But everything went smoothly, and the money was credited to the card quickly. Great emergency service!
Asanka Cooray
All the nuances were immediately visible, and high interest rates are everywhere.
Ravi Priyadarshana
Here I instantly finded the best offer. Everything is very simple and very fast!
Ruwan Pradeep
I realized that there was not enough money to pay the bill in the restaurant, I went out for a smoke and filled out an online application. After 40 minutes the money was on the card.
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