Requirements
ASSET FINANCE –FOR CUSTOMERS & NON-CUSTOMERS
Features
- Competitive Interest rates
- Processing period of 48 hours
- Financing for both New and used vehicles(used vehicles upto years old)
- Financing from minimum Kshs 300,000
- Flexible monthly installments up to 48 months
- Simple Application Form available on the website and all NIC branches
Financing Options
| Asset Type |
Status |
Percentage Financing |
Payment |
|
Saloon car |
New |
Upto 80% |
Max 5yrs |
|
Used |
Upto 70% |
Max 4yrs |
|
|
Commercial-pickup and |
New |
Upto 80% |
Max 5yrs |
|
Used |
Upto 70% |
Max4Yrs |
|
|
Buses/Matatus |
New |
Upto 70% |
Max 3yrs |
|
Equipment |
New |
Upto 60% |
Max 3yrs |
Requirements
- Complete loan Application form
- Original 6 months bank statements
- Copy of ID and PIN
- Copy of PIN, Certificate of Registration, Memorandum & Articles of association; Cerficate of Incorporation (for Limited companies).
- Proforma Invoice/ Sale agreement.
- Copy of logbook /import papers for used cars.
- Original Market Valuation from AA of Kenya for used cars.
*Terms and conditions apply*
