I am interested in the

 

Get the financial boost you need to own the car of your dreams or upgrade to a new set of wheels.

Extended tenures make repayment easier and more comfortable for you.

Why choose the Auto Loan

For existing and new to bank clients

Competitive interest rates compared to the market

Quick turnaround time between request and access to loan

  60 days repayment moratorium

Upto 100% financing

Eligibility / Documents Required

 

  • Duly filled application form
  • Not negatively listed on CRB
  • Minimum net pay of Kes. 15,000
  • 3 months latest pay slip
  • Consistent income for the past 12 months
  • Copy of ID and PIN
  • Certified copies of last 12 months' bank statement from other banks
  • Pro-forma invoice from the dealer

 

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Rates & Fees

 

  • Interest is pegged on the Bank's base rate + 3.1%p.a. for new units, and +4% for used units, all calculated on reducing balance
  • Processing fees of 1.5 % for new units and 2% for used units
  • Credit Life with retrenchment cover rider.
Auto Loan