A logbook Loan is a type of secured loan that uses your vehicle as collateral. Our logbook loans are ideal for people looking to expand their business or sort out financial emergencies.
Fast Approval
Money deposited in your bank in a matter of hours.
Keep Your Car
You can keep driving your car with a logbook loan.
Save on Interest
Loan up to KES 2,000,000 at as low as 3% interest monthly
To qualify for a loan, you will need to have:
KRA Pin
Passport Photo
National ID or Passport
Original /copy of logbook registration
Maximum Loan repayment period of 24 months
Minimum Loan repayment period of 1 month
Loan Limit of KES 2000,000 based on collateral provided.
Comprehensive Insurance sticker ID + Insurance Financing
At Umba Microfinance Bank we offer logbook loans of up to 70% of your car’s value which allows you to get instant cash within 6 hours. Start the conversation today!