Back to Home

Terms and Conditions

Last updated at 01.10.2018.

This document, the Terms and Conditions (referred to as “Terms and Conditions”), outlines the terms regarding your use of our services. These Terms and Conditions are a legally binding contract between you and Cashray so please read carefully.  If you do not agree with these Terms, do not register or use any of Cashray services.

By using, accessing or browsing the Cashray Service, platform and products including applications, mobile, software, websites or other properties owned or operated by Cashray or by registering for a Cashray account (“Services”) you are agreeing to be bound by these Terms and Conditions provided by Cashray (“Cashray” or “we”). If you reside in Sri Lanka and is a Sri Lanka citizen, you are entering into this contract with Cashray Technologies Lanka (Private) Limited. If you reside outside of Sri Lanka or are not a Sri Lanka citizen, you are entering into this contract with Cashray Group Limited.


In order to operate and provide the Services, we collect certain information about you. We use and protect that information as described in our Privacy Policy. You acknowledge your use of the Services is subject to our Privacy Policy and understand that it identifies how Cashray collects, stores, and uses certain information.


We reserve the right to modify these Terms in our sole discretion from time to time, and such modifications shall automatically become part of this Agreement and shall be effective once posted on (the “Website”). Your participation in the Program and use of the Website will be subject to any such modifications.

You should review the Website and this Agreement from time to time for any modifications. If you do not agree with any such modifications, please immediately terminate your registered Cashray account, if any, and please immediately stop using our services and accessing and using the Website.


The Services require you to obtain an account by providing your mobile phone number and entering the SMS code sent to this phone number.  When registering with Cashray you must: (a) provide true, current and complete information about yourself on the registration form and (b) maintain such information so it continues to be true, current and complete.

You are entirely responsible for all materials and information that you upload, post or otherwise transmit via the Services.  Only you may use your Cashray account and you are responsible for your account.  If you become aware of any unauthorized use of the Services or your account, or have any questions about your account, please contact us immediately.


You may access and use the Website for your personal, non-commercial use in connection with borrowing from the money lending service offered on via this Website. The Website may not be accessed or used by you in connection with any other endeavors – commercial or otherwise - except as previously approved in writing by an authorized representative of Cashray. Your access and use of the Website shall be in strict compliance with this Agreement, including, without limitation, Cashray's Privacy Policy, all other procedures and guidelines set forth on the Website as well as applicable law.

Cashray has the right to investigate and take appropriate legal action (including, without limitation, civil, criminal and injunctive redress) against any illegal and/or unauthorized uses of the Website or exploitations of the services provided through this Website.


By registering with Cashray or signing up for Services, you understand that we may send you (including via email and/or SMS messages) information regarding the Services, such as: (a) notices about your use of the Services, including notices of violations of use; (b) updates to the Services and new features or products; and (c) promotional information and materials regarding Cashray products and services. 

Notices sent to you via email or SMS messages will be considered given and received once sent.  If you don't consent to receive notices (other than promotional materials) electronically, you must stop using the Services.


All contents of the Site and Services including but not limited to logo, design, text, software, technical drawings, configurations, graphics, other files, and their selection and arrangement and Cashray Confidential Information belong to Cashray, and/or its suppliers, affiliates, or licensors.

Cashray or its licensors own and reserve all right, title and interest in and to the Services and all hardware, software and other items used to provide the Services. No title to or ownership of any proprietary rights related to the Services or Cashray Confidential Information is transferred to you pursuant to these Terms.


Cashray and its affiliates (a) provide the services "as is", and you accept the service with all faults as available, (b) make no express or implied representations or warranties, including but not limited to warranty of merchantability, satisfactory quality, fitness for a particular purpose, or non-infringement, and (c) do not guarantee that the services will be continuous, error-free or none-negative-result, and that the content will be secure or not otherwise lost or damaged, all to the extent not prohibited by law.

if you disagree with the terms above, please stop using the services.


Notwithstanding any other term of all applicable Agreement, you shall indemnify, defend and hold harmless Cashray against all direct or indirect losses, liabilities, damages, costs, expenses, demands that Cashray and/or its affiliates or sub-contractors does or will incur or suffer, and all claims, causes of action, suits or proceedings made, brought or threatened against Cashray by a third party and all losses, liabilities costs (on a full indemnity basis), damages and expenses Cashray does or will incur or suffer as a result of defending or settling any such actual or threatened claim or proceedings,arising out of or in connection with any affair related to the service we provide.


Under whatever situation, you agree that:

This Clause shall prevail over all the Clauses in applicable agreement in case of any consistencies or contradictions.


This Agreement is governed by the laws of Sri Lanka.


This Agreement will remain in full force and effect while you access or use the Website and, notwithstanding anything herein to the contrary, this Agreement will remain in effect after your loan agreement and registered account are terminated.

From time to time, Cashray may make additional features available. Cashray reserves the right, in its sole discretion, to include or cease providing these features at any time. Your eligibility to participate, use the Website, or take advantage of any Cashray services, will be determined by Cashray in its sole and absolute discretion.

Cashray may terminate your registered account at any time and for any reason, effective upon transmission of notice to you at the mobile phone number you provide to Cashray. Upon such a Cashray-initiated termination, you shall return your loans obtained from Cashray within ten (10) days of account termination. If your loan agreement or registered account is terminated by Cashray, you agree not to access or use the Website or apply for any further loans.