About Log Book Loans
- We offer clients affordable loans which are secured against a Log Book(s), in the client’s name
- Very Competitive Interest Rates, on Reducing Balance
- The Min. Amount loaned is 100,000/= with a Max. of 5M, subject to one’s ability to pay
- We consider between 50% to 70% value of the car
Requirements on loan application
- Fill Application Form
- Bank Statement (6Months)
- Mpesa Statements (6Months)
- Owners KRA PIN Copy
- Owners ID Copy
- Original logbook in Applicants Name
- Current Valuation Report and Photo
- 2 Passport Size Photos
- 2 Signed Transfer Forms
Requirements after loan approval
- Insurance Confirmation
- Loan Processing Fees
- Tracking Vehicle
- Joint Ownership (NTSA/TIMS)
- Client Accepts Ownership (NTSA/TIMS)
- 12 Post Dated Cheques
- Sign Offer Letter