NCBA Logbook Loan: Eligibility, Application Process, and Advantages

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The goal of the NCBA logbook loan product is to provide speedy financing to people and businesses so they can use the money to cover unexpected expenses. If your vehicle is not subject to any financing, you can borrow money against it. Qualities: The minimum loan amount is 100,000 KShs. The age of the vehicle cannot exceed fifteen years.

The goal of the NCBA logbook loan product is to provide speedy financing to people and businesses so they can use the money to cover unexpected expenses.

If your vehicle is not subject to any financing, you can borrow money against it.

NCBA Logbook Loan Features:

  • The minimum loan amount is 100,000 KShs.
  • When the loan is paid back, the car’s year of manufacture (YOM) cannot be greater than fifteen.
  • Only private and commercial vehicles, such as trucks, sedans, and pickups, are eligible for logbook loans. PSV automobiles, including taxis, buses, and matatus, are not applicable.

Advantages of NCBA Logbook Loan:

  •  Immediate access to funding based on the value of the vehicle
  • Based on the customer’s revenue cycle, the repayment cycle
  • Response to a loan application within 12 hours
  • Easy application available online at https://ke.ncbagroup.com/asset-finance-application/
  • NCBA Insurance Agency offers affordable comprehensive auto insurance.