DaraLoan

In today's fast-paced world, financial flexibility is crucial. DaraLoan is a trustworthy loan platform in Sri Lanka, offering mobile loan services for customers who need money to grow their businesses or meet daily financial needs. Let's explore the features, application process, and benefits of using DaraLoan.

How to Apply for a Loan with DaraLoan

Download the DaraLoan App: Get the app from the Google Play Store and install it on your device.

Create an Account: Use your mobile number to set up your account.

Submit a Loan Application: Fill out the necessary details and submit your request.

Wait for Approval: The approval process is quick and efficient.

Loan Features

Loan Amount: Up to Rs 100,000

Loan Term: 91 days to 365 days

Service Fee: 6%

Maximum Annual Percentage Rate (APR): 26%

Example:

Loan Amount: Rs 100,000

APR: 8% per annum

Tenure: 180 days

Service Fee: 6%

Calculations:

Daily Interest Rate: 8% / 365 = 0.022%

Interest for 180 Days: Rs 100,000 * 0.022% * 180 = Rs 3,960

Service Fee: Rs 100,000 * 6% = Rs 6,000

You will receive Rs 100,000 and should repay Rs 109,960 (Rs 100,000 + Rs 3,960 + Rs 6,000).

Contact Us

Customer Service Email: service@daraloan.com

Address: 47 De Waas Ln, Colombo 01400, Sri Lanka

About DaraLoan

DaraLoan is a financial platform offering online lending products without requiring customers to pledge collateral or undergo complex procedures. Launched in 2024, the app has quickly gained popularity in Sri Lanka, with hundreds of thousands of downloads and numerous positive reviews. Its user-friendly interface and excellent features have successfully attracted even the most discerning customers.

Conditions to Participate in Borrowing Money

To register for an account on DaraLoan, users must meet the following criteria:

Age: Must be over 18 years old and a citizen of Sri Lanka.

Identification: Possess a valid identification document that is not torn, damaged, or blurred.

Required Tools: Have a smartphone, a valid primary bank account, and a stable phone number.

How to Register for a Loan on the DaraLoan App

Download the App: Get the DaraLoan APK/IOS from BestLoanApp or the app store on your phone.

Register: Tap on the DaraLoan icon, choose "Register," and fill in your personal information as guided by the app. Confirm your account via phone number and set up a password.

Apply for a Loan: Log into DaraLoan with your new account. Choose the desired service package, verify your account with your identification document, and submit.

Approval and Disbursement: Once your loan request is approved, the amount will be transferred directly to your personal account.

Legitimacy of DaraLoan

Launched in 2024, DaraLoan has gained significant trust in Sri Lanka, evident from the high number of downloads and positive customer reviews on reputable app stores and websites. Users do not need to pledge any assets, and all procedures are conducted online, making it convenient and easy to use. All product information is transparently disclosed within the app, ensuring users can use it with complete peace of mind.

Conclusion

DaraLoan is widely used in Sri Lanka due to its prominent advantages. Users seeking small loans do not need to spend time and effort going to banks, waiting, and dealing with complex procedures. Download DaraLoan today and experience a seamless loan process. Wishing you success in your financial endeavors!