Calculation Updated
Monthly Rental: Rs. 89,824 @ 12.5% p.a.
Calculate exact monthly installments, compare rates across leading Sri Lankan banks & financial institutes, and lock in the best leasing offer.
Max finance allowed (LTV 60%): Rs. 0
Average leasing interest rate: 12.5% - 14.5%
CBSL Approved LTV Ratio
Minimum Down Payment
Rs. 0
Applied Interest Rate
12.5% (Reducing)
See how different interest rates affect your monthly payment and total cost.
Detailed calculation based on your entered interest rate (12.5% p.a.).
Click any year row to view or collapse monthly details
| Period | Opening Balance (Rs.) | Annual Installment (Rs.) | Interest (Rs.) | Principal (Rs.) | Closing Balance (Rs.) |
|---|---|---|---|---|---|
| Enter vehicle price and finance amount to view the amortization schedule | |||||
Essential insights into CBSL regulations, interest rates, eligibility criteria, and choosing the best financial institution.
Mandatory CBSL borrowing thresholds (Direction No. 01 of 2026) by vehicle category.
Why nominal flat rates can be deceptive and cost thousands more.
Interest charged on full loan upfront throughout term.
Decreases monthly as principal is gradually repaid.
Choose the right institution for your eligibility, processing speed & rate.
Lowest interest rates, requires verified proof of income & tax returns.
Faster approvals, flexible income evaluation, and higher valuation ratios.
In Sri Lanka, monthly leasing rentals are calculated primarily through two methods: Reducing Balance (Equated Monthly Installment - EMI) and Flat Rate. Most licensed commercial banks adopt reducing balance calculations as mandated for greater consumer clarity.
Tenures range from 1 to 7 years (12 to 84 months), with 5 years (60 months) being the most common choice for passenger and commercial cars.
Input your car price, vehicle type, and preferred tenure to see accurate EMI breakdowns across top Sri Lankan lenders.