LoanPlus.lk Review

About 840% a year. LoanPlus.lk does not publish an APR. Its own example charges Rs. 2,300 on a Rs. 10,000 loan over 10 days. That is 2.3% a day, or about 840% a year. Check the total repayable before you borrow.

Basic information

Loan amount: Rs. 5,000 – 300,000
Term: 5 – 30 days
Cost: ≈840% a year · 2.3% a day (our calculation)
Fees: Interest 0%, consulting fee 0.7%, service fee 1.5%, transaction fee from 1%
Age: 19–60
What you need: A steady source of income is required
Service hours: Monday – Saturday, 8am – 5pm

Representative example

Representative example — from LoanPlus.lk’s own site

Loan amount: Rs. 10,000
Term: 10 days
Total repayable: Rs. 12,300
Cost of credit: Rs. 2,300
Yearly equivalent (our calculation): ≈840%

Pros and cons

Pros

Application is fully online
Loans of up to Rs. 300,000
Registered company in Sri Lanka (PV00215063)

Cons

Very expensive: its own example works out at about 840% a year
Very short terms, 30 days at most
No APR is published; the cost is split across several fees

How to apply

Go to LoanPlus.lk
Choose your loan amount and repayment period
Register with your National Identity Card and bank account details
Check the total repayable shown before you confirm
After approval, the lender transfers the money to your bank account

Apply with LoanPlus.lk

For information only. LoanLanka is not a lender.

What the app listing says

LoanPlus.lk’s Google Play listing gives different figures from its website. As of 14 October 2026, the listing says:

APR of 260%
Repayment over 62–90 days
Ages 20–60
Its example: Rs. 10,000 over 70 days at 2.2% a day, Rs. 25,400 to repay. That is about 800% a year, not 260%
Registered office in the listing: No. 47 Alexandra Place, Colombo 07

Check the total repayable shown in the app or on the website before you accept a loan. See the Google Play listing.

Contact and repayment

Phone: +94 11 44 111 22
Service hours: Monday – Saturday, 8am – 5pm
How to repay: Pay online through Pay&Go, or at your bank branch or by internet banking, as set out on LoanPlus’s repayment page.
Official repayment page: loanplus.lk/en/how-to-repay/

Only pay through the lender’s own website, app or the payment options it lists. Scammers pretend to be lenders and ask for payment to other accounts.

Company details

Company name: AIS IT Consulting Services (Private) Limited
Registration number: PV00215063
Address: No. 344-1/1 Galle Road, Kollupitiya, Colombo 03
Phone: +94 11 44 111 22

Frequently asked questions

What does a LoanPlus.lk loan really cost?

LoanPlus.lk does not publish an APR. Its own example charges Rs. 2,300 on a Rs. 10,000 loan over 10 days, which is about 840% a year by our calculation.

Is LoanPlus.lk a registered company?

Yes. LoanPlus.lk is operated by AIS IT Consulting Services (Private) Limited, company registration number PV00215063. Company registration is not the same as a Central Bank of Sri Lanka licence.

How long do I have to repay a LoanPlus.lk loan?

LoanPlus.lk lends for 5 to 30 days. If you need longer, Monigo.lk lends for 91 to 180 days at a published APR of 190%.