This loan is secured by the value of your car. This loan can be used for any purpose and is ideal for people looking to expand their business or sort out their financial emergencies. You can keep on using your vehicle as long as you repay the loan.
REQUIREMENTS
• Loan application forms duly completed in duplicate.
• The applicant’s certified original pay slips for the last three months if employed while for self-employed applicants they should provide certified original bank statements for the last 3 months.
• A copy of the applicant’s ID card and 1 recent passport size colour photograph.
• A certified copy of the applicant’s KRA PIN certificate.
• Original Logbook.
• Joint registration of Motor Vehicle.