Logbook Loan Features
Financing
Loan Limits
Loan Period
Processing
Requirements
Copy of ID
Current Photo
KRA PIN
Mpesa Statement
Bank Statement
Original Logbook
Comprehensive Insurance
Steps to Apply
1. Valuation
Have your car valued by one of our valuation partners.
2. Loan Appraisal
We will determine how much you qualify for.
3. Sign Agreement
Sign the loan agreement outlining the terms and conditions of your loan.
4. Joint Registration
Have your vehicle jointly registered with us on the NTSA portal.
5. Tracker Installation
We will install a tracking device on your vehicle.
6. Funds Disbursement
We will disburse the loan funds to your preferred account.
Frequently Asked Questions (FAQs)
The application process typically takes between 1 hour to a maximum of 24 hours for approval.
Absolutely. Paying off your logbook loan early entitles you to a waiver of all remaining interest after the first 3 months.
Yes, you can apply as long as you are the sole legal owner of the vehicle used to secure the loan.
Yes, you retain full use of your car while repaying your logbook loan.
Logbook loans are available for private vehicles up to 14 years old and commercial vehicles up to 11 years old.