This is a loan against ones personal/ private motor vehicle.
Customers can borrow up to 60% of the value of the car between Ksh, 100,000 and Ksh. 5,000,000. Loan limit will be based on the make and value of the car as well as year of manufacture.
The loan processing time is 6 hours or less at 3.5% per month with a repayment period of 24 months.