EMI Calculator Sri Lanka
Work out your monthly loan instalment in LKR, see the total interest, and compare it against rates Sri Lanka banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Sri Lanka
Buzdy tracks 5 banks in Sri Lanka with 180 branches across 62 cities. EMI results on this page are shown in LKR. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Looking for a credit card in Sri Lanka?
Compare what banks in Sri Lanka actually offer — rates, fees and eligibility, updated for 2026.
Credit card interest rates in Sri Lanka
| Card | Bank | Interest rate | Annual fee | Interest-free days |
|---|---|---|---|---|
| ComBank Visa Platinum | Commercial Bank Ceylon | 2.25% per month | — | — |
| ComBank Visa Gold | Commercial Bank Ceylon | 2.25% per month | — | — |
| ComBank MC Classic | Commercial Bank Ceylon | 2.25% per month | — | — |
| HNB Visa Platinum | HNB | 2.25% per month | — | — |
| HNB Visa Gold | HNB | 2.25% per month | — | — |
| HNB MC Classic | HNB | 2.25% per month | — | — |
| Sampath Visa Platinum | Sampath Bank | 2.25% per month | — | — |
| Sampath Visa Gold | Sampath Bank | 2.25% per month | — | — |
| Sampath MC Classic | Sampath Bank | 2.25% per month | — | — |
| NDB Visa Platinum | NDB Bank | 2.25% per month | — | — |
| NDB Visa Gold | NDB Bank | 2.25% per month | — | — |
| NDB MC Classic | NDB Bank | 2.25% per month | — | — |
| Seylan Visa Platinum | Seylan Bank | 2.25% per month | — | — |
| Seylan Visa Gold | Seylan Bank | 2.25% per month | — | — |
| Seylan MC Classic | Seylan Bank | 2.25% per month | — | — |
Relevant if you convert a card purchase into monthly instalments. 15 cards with a published rate.
Worked example — repaying LKR 1,000,000 of card balance over 5 years in Sri Lanka
- Balance
- LKR 1,000,000
- Rate used
- 2.25% per month (≈27% a year)
- Tenure
- 60 months
- Monthly EMI
- LKR 30,535
- Total interest
- LKR 832,120
Rate taken from ComBank Visa Platinum (Commercial Bank Ceylon) — the lowest published credit card rate we hold for Sri Lanka. Buzdy does not yet hold personal loan rates for Sri Lanka, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.
Banks we track in Sri Lanka
Keep going in Sri Lanka
Guides for Sri Lanka
Sri Lanka — frequently asked questions
What does LKR 1,000,000 on a credit card cost per month in Sri Lanka?
At 27% a year over 60 months the instalment works out at about LKR 30,535, or LKR 832,120 of interest in total. That rate comes from ComBank Visa Platinum by Commercial Bank Ceylon, the lowest published credit card rate Buzdy holds for Sri Lanka. We do not yet hold personal loan rates for Sri Lanka — bank loan rates are usually well below card rates.
What interest rate do credit cards charge in Sri Lanka?
Across the 15 cards with a published rate in Sri Lanka, quoted rates run from 2.25% per month to 2.25% per month. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Sri Lanka?
Buzdy maps 180 bank branches in Sri Lanka across 62 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.