What we can do with OnCredit? If you are in urgent need of an amount of money from 2,000 Rs to 40,000 Rs, just a phone or computer with internet connection and NIC is enough to apply for a loan at Oncredit within minutes. This platform is not only simple and fast, if you are a first-time borrower, you will immediately enjoy a 0% interest rate.
Borrowing money online is a form of low-cost loan that is becoming more and more familiar and popular for many people. Among today’s online money lending platforms, Oncredit is a reputable, safe and transparent address that you can trust.
Whenever you have a need, OnCredit is ready to immediately support a quick loan of up to 40,000 Rs with a few steps of registration and sending a photo of your identity document. What is OnCredit? How to apply for a loan via OnCredit? Let read to update the information in the article below.
| Loan limit | 2,000 – 18,000,000 Rs |
| Term of loan | 91 days – 182 days |
| Loan interest rate | 14.2% – 14.6%/year |
| Age | 20 – 60 years old |
| Service fee | There is a fee |
| Type of loan | Loan online via website/app |
| Registration Procedure | Only need NIC card |
| Support Area | Nationwide |
| Processing time | 5 minutes |
| Disbursement time | 20 minutes |
| Offers | 0% interest on first loan |
Table of Contents
What company is OnCredit?
OnCredit (Website: Oncredit.lk) is a short-term financial lending platform through a website or an app developed by OnCredit Company Limited – Specializing in providing consulting services and financial connection. for everyone.
Similar to current lending websites, Oncredit allows customers to apply for a loan using a computer or phone with an internet connection. You can borrow from 2,000 Rs to 40,000 Rs just need an NIC and a bank account to receive disbursement.
Contact Information
- OnCredit Limited Company
- Address: No. 422, R A De Mel Mawatha, Colombo 03, Sri Lanka.
- Phone: +94117811555,
- Email: info@oncredit.lk
- Company registration no. PV00232746 granted by the Registrar General of Companies in Colombo
Advantages of OnCredit online loan service
With the trend of online loans being increasingly popular today, there are many online lending institutions appearing in the lending market with the same operating method as Oncredit. However, customers still appreciate service quality and reputation
Convenient
Whenever you need a quick loan, just need a computer or phone with an internet connection and 5 minutes to fill out an online application. OnCredit will help you get the loan you want.
Simple procedures
The system only requires customers to take a photo of their ID card / 2-sided NIC card and a portrait photo for authentication. Therefore, you do not need to prepare many documents like a bank loan.
Fast processing of documents
OnCredit’s professional consulting team works 24/7 to support receiving and reviewing applications at all times. So you can submit your application at any time including holidays. In addition, the waiting time to receive the disbursement will be shortened.
Within 24 hours after your application is successfully approved, the disbursement will be immediately transferred to the customer’s account.
Transparent information
All information about your loan is shown in full and detailed in the loan contract and loan terms. Therefore, before customers decide to sign a loan application, they should read and carefully review the loan terms and contracts.
Information security
Currently, many customers are concerned about their personal information being stolen when applying for an online loan. However, this will not happen at this site. OnCredit’s information security has been confirmed by PCI and DSS, so customers can eliminate all risks of information theft when borrowing money on OnCredit’s website.
OnCredit loan conditions
Currently, OnCredit only provides lending services to customers who meet the following conditions:
- Customers are Sri Lankan citizens aged from 18 to 60
- Customers with valid NIC card
- Customers have official bank accounts to disburse
- Customers have stable jobs.
OnCredit loan term and limit
Loan limit at OnCredit is from 2,000 Rs to 10,000,000 Rs
The payment term is calculated as follows:
Minimum loan term: 121 days
Maximum loan term: 183 days
Interest rates and loan fees at Oncredit
Interest rate from 16% according to OnCredit website.
The interest rate of each specific loan will be displayed in detail at the loan estimator on the main page of OnCredit’s website, when the customer chooses the loan limit and term.
In addition to paying loan interest, customers also have to pay additional service fees. Service fee is calculated based on loan term and interest rate. OnCredit will not charge any other fees if customers pay on time.
Loan example:
Example of the first loan: You apply for Rs. 5,000.00 / – and pay in full after 121 days of using the loan. Service fee is 0 / month.
Total amount to be settled Rs. 5,000.00 / –
Example for a Repeat loan: You apply for Rs. 5,000.00 / – and pay in full after 121 days of using the loan. Payment 2867 / month.
Total amount to be settled Rs. 8,600 / –
See also: CashX Sri Lanka Review (2021)
Instructions on how to apply for a 0% interest loan at OnCredit
Applying for a loan is now easier than ever. With OnCredit’s easy application process and technologically savvy platform, your loan application can be completed within a few minutes. To apply for a loan, follow the steps below:
Note – Keep your National Identification Card ready when you start your application process
1. Log in to the website via www.oncredit.lk or via the mobile app
2. On the landing page you may select the loan amount you require
3. Enter your personal information and follow the instructions on the website
4. Upload the front and back of your National Identification Card
5. Upload your Selfie Photo
6. Enter your Bank Details
7. Await for Approval
If your loan is approved through the website, kindly get ready for a verification call within the next few hours. You will be asked to verify your details entered on the website.
Instructions for loan repayment on OnCredit
You can now easily pay all your loans through the below mentioned repayment channels and networks.
Complete the payment and upload your slips by logging into your personal portal
Note – Repayments made will only be updated only during working hours. To find out about our working hours please check the footer of our website
Pay&Go Kiosks
Visit one of the Pay&Go Kiosks islandwide, Select “OnCredit” option under Finance category:
Enter your loan agreement number (include the agreement number consisting of 9 digits which was sent to you via SMS)
Enter your mobile number
You can also pay online via Pay & go website.
Pay&Go Online
You can pay your loans online easily through Pay&Go’s website
- Visit www.paygo.lk/home/pay
- Select “Finance” from the category
- Select OnCredit
- Enter your 9 digit Loan ID on the “Agreement ID” space
- Enter your mobile number
- Choose your payment type
- Enter Amount
- Enter Email Address
- Click on Pay
Cargills FoodCity Outlets
You can now easily visit one of many Cargills Foodcity outlets and pay your loan repayment easily and conveniently. Follow the steps below
- Visit a Cargills Foodcity outlet
- Get a Cargills Cash Voucher from the counter
- Enter your name on the Account/Card Holders Name Field
- Under the name of the Service Provider, mention OnCredit (Pvt) Ltd.
- For Customer Ref. No – Enter your loan agreement number (include the agreement number consisting of 9 digits which was sent to you via SMS)
- Enter other details such as Date, Depositors name, address & mobile number
- Place your signature
- Enter the amount you wish to pay and submit the voucher along with your money to the counter
Sampath Bank
You can easily make your loan repayments via Sampath bank branches, fill in the Sampath bank deposit slip with the following information and hand it over to the teller with your money
- Account Name – “OnCredit (PVT) LTD”
- Account Number – 113414024712
- Your loan agreement number (include the agreement number consisting of 9 digits which was sent to you via SMS)
- Your National Identity Card number (NIC)
- The amount you want to pay
Cargills Bank
You can easily make your loan repayments via Cargills bank branches, fill in the Cargills bank deposit slip with the following information and hand it over to the teller with your money
- Account Name – “OnCredit (PVT) LTD”
- Account Number – 001103000281
- Your loan agreement number (include the agreement number consisting of 9 digits which was sent to you via SMS)
- Your National Identity Card number (NIC)
- The amount you want to pay
HNB Bank
You can easily make your loan repayments via HNB Bank branches, fill in the HNB Bank deposit slip with the following information and hand it over to the teller with your money
- Account Name – “OnCredit (PVT) LTD”
- Account Number – 035020580441
- Your loan agreement number (include the agreement number consisting of 9 digits which was sent to you via SMS)
- Your National Identity Card number (NIC)
- The amount you want to pay
eZ Cash
You can now conveniently make your loan repayments through eZ cash. Please find below the steps to perform when doing a payment via eZ Cash.
Through USSD Code
Step 1 : Dial #111#
Step 2 : Select option 6 – Institute Payment
Step 3: Enter Pin
Step 4: Select Option 1 – Enter Code
Step 5: Type “ONCD”
Step 6: Enter Account Number (Loan ID)
Step 7: Enter Amount & Proceed
Through Mobile Application
Step 1: Select Institute Payment
Step 2: Enter Pin
Step 3: Select Option 1 – Enter Code
Step 4: Type “ONCD”
Step 5: Enter Account Number (Loan ID)
Step 6: Enter Amount & Proceed
Online Payments – Internet Banking through Banks
You can easily make online payments to any of our Bank accounts, you may find the below details;
Sampath Bank
Account Name – “OnCredit (PVT) LTD”
Account Number – 113414024712
Bank Branch – Hendela
HNB Bank
Account Name – “OnCredit (PVT) LTD”
Account Number – 035020580441
Bank Branch – Wattala
09
Account Name – “OnCredit (PVT) LTD”
Account Number – 001103000281
Bank Branch – Corporate Branch
Conclusion
With OnCredit, every customer can apply for an online loan from 2,000 Rs to 10 million Rs quickly, safely and easily. Therefore, if you need an urgent amount of money to meet your urgent consumption needs, choose OnCredit. Good luck with your loan application!
See also: FastRupee – Loan online up to 50.000 LKR
