What is CashX?
CashX is an online loan provider that offers short-term loans to citizens of Sri Lanka to help with their instant cash needs. You may need a quick loan for a simple reason like to pay off your everyday shopping bills or for a more complicated emergency health reason. No matter what your reason is or where you are, CashX Lanka will provide you instant loans while on the go through their 100% online platform.
Like most of the other online loan providers, CashX also provides its customers with a fast and reliable service through both their website and the mobile app. You can now easily apply for a loan online at the comfort of your home.
How does CashX loan work?
With CashX loan you can apply for a loan even if you are away from home or on a vacation in another city. All you have to do is log into your space through the CashX website, https://cashx.lk or download the CashX app. If you are a frequent user or if it is your second time applying for a loan with CashX, it’s recommended to download the CashX loan app for quick and easy access.
You can apply for a loan up to 50,000 LKR. The loan interest rate may vary depending on the loan amount and the terms. To apply for a loan, you need to be between the age of 20-60, currently employed or have a steady income. Also for verification purposes, you need to have a valid NIC or Driving License. If you meet the above requirements, you can apply for a loan with CashX instantly.
How can I apply for a loan with CashX?
CashX loan application process is simple and completing the form will only take a few minutes.
- Log into your space on the CashX website via https://cashx.lk or via the CashX app
- Select the loan amount
- Call or Fill out the application
- Wait for the decision
- Receive money in your bank account
Make sure you have the NIC, Passport or the Driving License ready before starting the application process as it is needed to verify your identity.
How much does CashX loan?
You can apply for a minimum loan amount of 5000 LKR and up to a maximum loan amount of 50,000 LKR. You can choose a comfortable loan term between 10 to 30 days. The loan interest rate varies from 15.8% to 18.1% per month depending on the loan amount. This is a little higher rate than the other online loan apps but since the loan term is considerably short, you will still end up paying a lower settlement amount.
CashX also provides its new customers with an exciting offer. If you are a first time customer, you can get your first CashX loan for free within 15 minutes. So why not give it a try!
Now if you are a repeat customer, let’s see a sample calculation to find out the final repayment amount.
- Loan amount - 5,000 LKR
- Loan Period - 10 days
- Interest for 10 days - 750 LKR
- Total Repayment Amount - 5,750 LKR
It’s always a good practice to settle your loan payments within the agreed loan period to avoid late fees.
How to pay my CashX loan?
You can quickly and easily repay your CashX loan during any time of the day through both online and offline payment methods.
Online Payment Methods
- Pay&Go website - https://paygo.lk/Home/Pay?srv=cashx
- Internet Bank Transfers to:
- Cargills Bank
- Sampath Bank
- Hatton National Bank
Offline Payment Methods
- Pay&Go Kiosks
- Fund transfer through any bank to:
- Cargills Bank
- Sampath Bank
- Hatton National Bank
You can easily find the CashX bank details on the CashX website here https://cashx.lk
Is CashX legit?
Yes, CashX is a legit brand under AIS IT Consulting Services (Private) Limited and it is a company duly incorporated and registered under the laws of Sri lanka with a company registration no. PV00215063 granted by the Registrar General of Companies in Colombo, Sri Lanka.
The official CashX app can be downloaded from the Google Play Store or the Apple App Store according to your phone’s operating system.
If you are a repeat customer you can easily access CashX through the app. Like any other loan app, CashX app is also user friendly and can be accessed easily through your mobile phone.
- Download the CashX app from the Google Play Store here.
- Download the CashX app from the Apple App Store here.
CashX Customer Service
You can easily contact CashX customer service through multiple channels. For online support, contact CashX through one of the following channels:
- Facebook: https://www.facebook.com/cashxlk
- Email: email@example.com
- Website: https://cashx.lk
Or you can get through to CashX Customer Service by simply calling the CashX contact number +94 117 562 756.
When analyzing CashX reviews, we discovered there are quite the same amount of negative vs positive reviews.
Most of the positive reviews are about the quick and reliable service, professionalism of the agents and the overall satisfaction. On the other hand, most of the negative reviews are about poor functionality of the app. It looks like many people have received ‘poor connection’ notifications even though their Internet connection is quite strong. So after analyzing the reviews we can conclude that the overall loan application process with CashX has been good for many people whereas some have faced technical issues with the app.
So as always, it is recommended to use your own judgment when evaluating the CashX app as just because one user had a bad experience, it doesn’t mean that you’ll have one too!
Have you used the CashX loan app? Share your experience here.