Car & Bike Loan Calculator
Estimate your monthly loan repayment for cars and bikes in Sri Lanka. Enter the vehicle price and adjust the sliders to match your budget.
Enter the vehicle price in Sri Lankan Rupees
Monthly Repayment
Rs. —
per month for 60 months
How is EMI calculated?
EMI = [P x R x (1+R)n] / [(1+R)n - 1], where P is the loan amount, R is the monthly interest rate, and n is the number of months.
Typical lease rates in Sri Lanka
Bank lease rates typically range from 10% to 20% p.a. depending on vehicle type, condition (new / reconditioned / used), and the lending institution.
Down payment tips
A higher down payment lowers your monthly repayment and total interest paid. Most banks require a minimum 25-30% down payment for vehicle leasing in Sri Lanka.
What documents do you need?
Typically: NIC, salary slips or bank statements (last 3-6 months), utility bill, and vehicle pro-forma invoice. Requirements vary by lender.
