This is a short-term loan against one’s private motor vehicle. It is unique & tailor-made to offer a financial boost for SMEs or for customers looking to fulfil a contract.
Customers can borrow up to 60% of the value of the car between Ksh, 100,000 and Ksh. 5,000,000. Actual loan disbursed will be based on the make and value of the car as well as year of manufacture.
The loan is processed within 6 hours or less with a repayment period of 3 months.
This loan allows you to repay the principal amount after 3 months