Logbook Loans In Kenya
With Jijenge Credit Ltd, you can secure a loan against your vehicle or two, and still be able to drive the vehicle while paying the loan! We provide the best logbook loan rates, with very flexible payment terms.
With finance available from Ksh 50,000 to Ksh 10,000,000 depending on the value of your vehicle, our flexible borrowing solutions are tailored to offer you a great customer experience when you compare log book loans in Kenya.
Important information to consider when choosing to get a logbook loan from Jijenge Credit.
- Loan amount range is between Ksh 50,000 – 10,000,000
- Anyone who owns a private, commercial or passenger service vehicle is eligible to apply for the loan.
- You can secure a loan against more than one motor vehicle at the same time.
- Your maximum amount depends on the value of your motor vehicle.
- Loan repayment tenure is between 1-24 months. You can however pay earlier than your contract agreement.
To apply for this loan, the following details and documents are required.
- 6 Months Bank & M-Pesa Statements
- 2 Clear copy of the original ID.
- Copy of KRA Pin.
- One recent color passport-sized photographs
- Original Vehicle Logbook
- Valid Comprehensive Insurance cover.
- Motor valuation report/ Renewal Notice
Logbook Loans in Kenya
With Jijenge Credit Ltd, you can secure a loan against your vehicle or two, and still be able to drive the vehicle while paying the loan! We provide the best loans, with very flexible payment terms.
With finance available from Ksh 50,000 to Ksh 10,000,000 depending on the value of your vehicle, our flexible borrowing solutions are tailored to offer you a great customer experience when you compare log book loans in Kenya.
Inclusion of Electric, Hybrid, and LPG Gas Cars
Jijenge Credit Ltd understands the growing adoption of eco-friendly vehicles in Kenya. Owners of electric vehicles (EVs), hybrid cars, and LPG gas-powered cars can now use these vehicles as collateral for logbook loans. Our valuation experts ensure fair assessments for these modern vehicles, aligning with the Kenyan government’s push for cleaner energy solutions.
Benefits for Eco-Friendly Vehicle Owners:
- Access to financing without needing to sell your environmentally friendly vehicle.
- Inclusive valuation considering the residual value, low maintenance costs, and demand for such vehicles.
- Support for individuals and businesses adopting sustainable practices.
Important information to consider when choosing to get logbook loans from Jijenge Credit.
- Loan amount range is between Ksh 50,000 – 10,000,000
- Anyone who owns a private, commercial or passenger service vehicle is eligible to apply for the loan.
- You can secure a loan against more than one motor vehicle at the same time.
- Your maximum amount depends on the value of your motor vehicle.
- Loan repayment tenure is between 1-24 months. You can however pay earlier than your contract agreement.
To apply for this loan, the following details and documents are required.
- 6 Months Bank & M-Pesa Statements
- 2 Clear copy of the original ID.
- Copy of KRA Pin.
- One recent color passport-sized photographs
- Original Vehicle Logbook
- Valid Insurance cover
- Motor valuation report/ Renewal Notice
Frequently Asked Questions (FAQs)
A Logbook Loan allows you to borrow money using your vehicle as collateral while still retaining the use of your car.
To apply, you need to submit your vehicle’s logbook, proof of ownership, and other required documents. Contact our office for detailed application instructions.
Failure to repay may result in the repossession of your vehicle. It’s important to communicate with us if you face difficulties to discuss possible solutions.
