Sri Lanka
Loan collection software for Sri Lankan field lenders
Small-enterprise lending in Sri Lanka often looks familiar to South Indian operators: close borrower relationships, field visits and weekly or monthly repayments. Vasool Raja can be set up for a Sri Lankan company so those records are kept in rupees on Sri Lanka time.
Company setup for Sri Lanka
When you create a company for Sri Lanka, it uses LKR (shown as Rs), the Asia/Colombo time zone and the +94 calling code for phone numbers. Business dates follow local time, so the collection day starts and closes on your calendar.
The app interface is available in English, Hindi and Tamil. Tamil-speaking teams can work in Tamil; there is no Sinhala interface at present.
Collection models you will recognise
Field lenders in Sri Lanka commonly run weekly or monthly repayment schedules. You can set up daily, weekly, monthly and monthly-interest lines, assign field agents to each one and record each payment and its payment mode against the loan.
- Original disbursement and every actual repayment recorded
- Remaining principal kept separate from interest and fees
- Collection method and collector captured per payment
Same time zone, different rules
Sri Lanka shares UTC+05:30 with India, but that is where the similarity ends. The Central Bank of Sri Lanka supervises licensed microfinance companies under the Microfinance Act No. 6 of 2016, and licensed finance companies sit in their own category. Do not reuse an Indian interest convention or loan document just because the field work looks the same.
Vasool Raja is record-management software and does not provide loans or financial services. It does not grant a licence or confirm that your product is permitted. Check licensing and product rules with the Central Bank of Sri Lanka or a local advisor; this page is not legal advice.
Daily close and review
Each day ends with a combined tally of cash and bank balance against the expected total, with explained adjustments and optional approval. Portfolio health, overdue drilldowns and profitability reports help you review the book weekly.
Pricing and billing in Sri Lanka
Published plan prices are in Indian rupees (INR). To discuss billing for a Sri Lankan company, email fintrackhelp@outlook.com. Every company starts with a 60-day free trial.
Bringing an existing book across
If you already run loans on paper or a spreadsheet, you can import existing loans and continue from their current position. Statements and payment histories can then be exported as PDFs for borrowers.
Common questions
Can I use Sri Lankan rupees in Vasool Raja?
Yes. A company set up for Sri Lanka uses LKR, the Asia/Colombo time zone and +94 phone numbers.
Is the app available in Sinhala?
Not at present. The interface is available in English, Hindi and Tamil.
Does using the app mean my lending is licensed?
No. The app only keeps records. Confirm licensing with the Central Bank of Sri Lanka or a qualified local advisor.
How do I pay for a plan from Sri Lanka?
Published prices are in INR. Email fintrackhelp@outlook.com to discuss billing for your country.
See it with your own lines
Start with a 60-day free trial.
No card required. Vasool Raja is record-management software and does not provide loans or financial services.