Loan Calculator

Car Import finance is a financing solution that helps you to import your dream car/vehicle, from Japan or other overseas dealers.

All you need is a minimum deposit of 30%.

We facilitate the purchase of the vehicle, pay for import duty, and deliver your car in 60 days.

We offer financing of 70% of the total cost of the vehicle ( i.e., the total cost of importing the car, clearing, and paying duty)

We offer loans of Ksh. 100,000 up to Ksh. 4,000,000 and a flexible repayment period of 36 months.

Benefits of car import finance

How much can one borrow?

One can borrow up to 70% of the value of the vehicle with a minimum amount of KES 100,000 and a maximum amount of KES 5,000,000.
Who is eligible for Import Finance?

A Kenyan citizen with a legal source of income and all the necessary documentation.
Is there a limit to the age of the car?

Yes. The minimum age of the car is 2015. It is the same as the Kenyan Law that states that any car being imported should be maximum of 7 years old.
What are the charges for this facility?

Processing fees and chattels fees, which are deducted from the loan. Monthly tracking charges are capitalized as part of the loan.
What is the repayment period for this facility?

The is a flexible repayment period of 36 months.

" Ngao Credit helped me import my dream car. "
Marjorie Wambui Customer, Import Finance
" Ngao Credit helped me get my business back on its feet. "
Chef Ken Customer, Logbook Loan
" Ngao Credit helped me achieve my retirement plan of becoming a farmer. "
Cyrus Methu Customer, Logbook Loan

Leave us your details, we’ll reach out

Name
Mobile Number
Email Address
By clicking submit I consent to the processing of the information provided and receiving communication from Ngao Credit

Reduced Interest Rates from 5% to 3.5%