Motorbike logbook loans in kenya

Results of the motor vehicle registration check online, are sent directly to your phone as sms and the official. Get your ntsa kra motor vehicle transfer processed together with the logbook transfer form c from the previous owner and have your new logbook with your details within 5 working days. If you need finance or a loan to buy a motorbike then our loan experts can help. Ntsa logbook transfer application and charges in 2019 tuko. While you make your repayments for your loan your v5c document is held by the lender as security, you can continue to use your car or other vehicle. Logbook loans are advertised online and on the high street. We have 62 boxer motorbike ads under motorcycles category. Motor vehicle copy of records search kenya, ntsa vehicle search online, kra motor vehicle search form, ntsakra logbook search kenya, ntsakra car search, logbook status verification in kenya. Borrowers can get 50 to 90 percent of the current market value of their motorbikes. In kenya, mogo provides financing to passenger cars and logbook loans from. Verified ntsakra logbook search kenya kra online motor.

We are incorporated as a limited company, as per the kenyan companys act. The companies are divided into suppliers for allround motorcycles, choppers, classic motorcycles, offroad. Logbook loans are versatile and borrowers with different credit histories can get the loan easily. Logbook calculator offer loans on cars, vans and motorcycles from.

A logbook loan may only be issued by an fca regulated company. If interested, you can ask your bank about this loan facility. Logbook loans online with no credit checks elogbook. This loan can be used for any purpose and is ideal for people looking to expand their. We are happy for you to use them as collateral for a logbook loan. Same day online logbook loans for older cars up to. Check out the minimal requirements needed to get you easy car logbook loan. We provide a fast, secure and confidential way of finding loans without being charged high interest rates. Because this is a type of secured loan, it generally means you may be able to obtain a logbook loan with a less than perfect credit history. Log book loan in kenya up to 20 million from mwananchi credit. Motorbike logbook loans what are they and their benefits. Logbook loans can be more risky than other more mainstream types of secured lending.

Modern motorcycles can cost as much or more than a small car. Logbook loans uk online same day payouts auto advance. Borrowers transfer ownership of their car, van or motorcycle to the logbook lender as security for a loan. In kenya, ntsa logbook transfer charges also vary depending on engine capacity and can be paid through the mobile money system. Conduct a kra online carmotor vehicle registration check or log book search kenya, that is, ntsa online motor vehicle search or ntsakra car registration search, in a more convenient way on. Cheki finance is a car loan service designed to effectively meet the financing needs of car buyers in kenya. Cheki finance provides car buyers with quick car loans for the purchase of kenyan used cars, foreign used cars, or brand new cars that are listed on. Our experts have access to a wide range of motorcycle lenders who are willing to offer loans to those who wish to buy a new or second hand bike. Ntsa logbook transfer application and charges in 2019. A logbook bike loan is a loan that uses your bike as security. Explore 24 listings for new motorbikes for sale in kenya at best prices. Over the recent past, the motorcycle taxi industry. The vehicle could be a car, van, motorbike or caravan or anything which has a logbook or v5c document, although car logbook loans are usually the most common. When you are faced with an urgent financial obligation, there are very few people to turn to.

As your motorcycles logbook is used as security by the lender, you can receive your money irrespective of your credit record subject to your eligibility and affordability. With elogbook loan, you can get the money you need today. Instant cash from online car logbook loans for older cars. The seller will receive the first section and the second part goes to. It is a way of unlocking the value of your bike without having to sell it. The seller will receive the first section and the second part goes to the buyer through their mobile phones. These loans are typically processed in approximately 24hrs. Log book loans are a great way to get cash fast, without the hassle of going through credit checks and banks. For more information about our secured loans read the bill of sale information sheet. These loans are secured using a bill of sale on the v5 logbook of your vehicle and thus are a type of secured loan. Motor bikecycle boda boda loans in kenya loans kenya blog. We believe that our logbook loans should be easy for anyone who wishes to unlock the value of their car, van or motorbike while still getting to drive around in it. Once your application has been approved one of our representatives will visit you and complete the paperwork and transaction with you there and then.

Even without a car, our streamlined process and flexible borrowing options offer you a quick and hassle free way to get. Its a realtime mobile and web platform that enables those that want to do searches and verifications of legal documents in kenya such as ntsakra logbook search and verificationcar and vehicle registration search to do so with easily on their phone or computer without having to. Ntsa kra logbook transfer of ownership online application. We offer asset finance, bid bonds, logbook loans, loans on title deeds.

Apply for an instant guaranteed logbook loan in kenya secured by the value of your car. Robbybikes used motorbikes for sale in kenya has 2,952 members. For more details reach us through 0702012712\0719712731. Visit us at the fit xpress offices for your personalized car logbook loan solution. The borrower can use their vehicle throughout the duration of the loan, and it is the borrowers responsibility to ensure the car is insured, taxed and kept in. Jiji is represented by the wide selection of new and used motorcycles and scooters. Depending on the loan amount, period and the vehicle you wish to purchase, the annual percentage rate ranges from 30. While making repayments borrowers keep possession of their vehicle and continue to use it. Motorbike boxer kmdk 100cc clean 47k only call original logbook available. Logbook loans, also known as a v5 loan can be a quick and convenient way to borrow money. How much you can borrow depends on the value of your vehicle. Aar credit services ltd gives loans with car logbooks as collateral. If you need to apply for a logbook loan, contact logbook money.

They prefer employment or business documents before asking for any owned tangibles. It is our mission to provide information on loans in kenya at lower interest rates that are affordable to every borrower. Jijenge credit now loans up to sh10,000,000 across the east african region. A logbook loan is a form of secured lending in the united kingdom and is the most common modern example of a security bill of sale. The logbook loans in kenya are secured against the value of your car. Borrowers will still be able to enjoy the total freedom of driving their car without having to. Apply for loans starting from ksh 500 and get instant access to the funds you. Boda boda is one of the most popular businesses and mode of transport in kenya.

We can lend up to kes 5,000,000 to help you unlock trapped cash in your car within 24 hours to help meet your personal and business financial needs without selling your car. Boda boda loans are available at our authorized dealers. So whilst you may have been turned down for other types of loans and finance, many borrowers are able to release money from the car, bike or van that is sitting in their drive way. At swift acceptances limited, we are proud in having young, creative, talented and energetic team of highly educated professionals. The lenders offices are located at 1st floor,methodist centre,loitoktok road,nairobi. Logbook loans get the best logbook loan deal today. Boda boda loans in kenya, motorbike loans secure your own. To see if you qualify apply now and we will call you straight back to discuss your requirements. But did you know you can also get motorbike logbook loans. We have the most competitive and attractive rates in town. With no credit checks and a simple online application process, this can make them an ideal way to get money fast even with a less than perfect credit history. Mar 12, 2016 banks can therefore partner with a motorcycle dealer which will give out the motorbike or simply give out cash to the borrower who will then buy the motor cycle from any preferred motor dealer. Life in a big city can sometimes be lonely especially if you do not have family or friends around. Late payment or nonpayment may result in additional fees such as court fees or andor the repossession of your vehicle.

A simple internet search will reveal numerous reputable companies in the region. Kra motorbike import duty calculator kenya crsp value 2019. Quick loans,emergency loans in kenya, small loans in kenya. Apply from your mobile, laptop or tablet or call us directly. Ntsa motor vehicle search online kra car logbook copy of. Due to the ongoing coronavirus pandemic and the governments social distancing instructions to help reduce the spread of the virus, we have decided to temporarily halt the provision of logbook loans. Asset financing from commercial banks is rarely 100% the value of the motor cycle. Apr 17, 2014 kenya loans was set up to make loan products more accessible to kenyans. The loan is secured on the vehicle using a bill of sale and the customer is asked to sign a consumer credit agreement. Logbook loans apply online cash in 24 hours logbook. We offer log book loans in kenya as a form of financing whereby the loan advance is secured against the borrowers car. Logbook loans are a special kind of personal loans secured against a vehicle. Once we have checked your motorbike is suitable for use as collateral for a motorbike logbook loan, we can move your application forward to the next stage. We in turn provide them with exciting and challenging opportunity to realize their dreams in an energizing environment while striving to attain the.

When a motorbike owner wishes to procure a loan using the vehicle as collateral, he or she should be willing to surrender the logbook to the lender. Browse vehicles on marketplace and filter by price, location and more. Simply click on the lender below and apply on line for a quick decision. It allows you to use the value of your vehicle without having to sell it. Often, you wont be allowed to borrow more than the vehicles current value, and the logbook loan company may require an independent valuation of. Enter your email address to receive alerts when we have new listings available for brand new motorbikes for sale. Car logbook loans car logbooks can be used to access quick loans in kenya from some lenders as security. Visit our motorcycle showroom today or contact us to purchase highperformance motorcycles at competitive rates with flexible payment plans. Logbook loan release cash from your vehicle in 1 hour. Documents required for loan processing are scanned or sent via email. Whether you need the money for a month or a year, our flexible payment solution lets you choose. Logbook loans online with no credit checks elogbook loan uk.

Its a quick and simple way to withdraw cash from a vehicle, without a formal credit check. The application will be processed through ntsa kra on your behalf and deliver the necessary documents to you efficiently. Brand new tvs motorbikes price list in kenya varies from distributor to distributor, but it is almost equal to the price of boxer motorbike in kenya. Quick car logbook loans are now easy to get courtesy of fit xpress kenya. This service is being offered by cheki kenya in collaboration with major kenyan banks.

Explore 55 listings for used motorcycles for sale in kenya at best prices. A resident in the uk who has a logbook registered under their name is eligible for a logbook loan. Logbook loans in kenya genuine providers in 2020 urban. We provide a realtime platform that enables you to verify your car logbook documentation by doing a krantsa car search for the motor vehicle copy of records using the vehicle number plates ntsakra logbook search and status verification. With institutions adapting to new technologies, jijenge credit has a mobile lending services for its customers. The log book loan is a loan that is secured against the value of your car. The first thing prospective borrowers should do is find the right lender. Logbook loans are traditionally only thought of as a loan against a car, but as one of the uks largest lenders, elogbookloan. Car logbook loan requirements fit xpress kenya quick car.

The vehicle owner will be asked to produce the logbook v5 to prove they are the registered keeper of the vehicle. In kenya, mogo provides financing to passenger cars and logbook loans from 100,000 to 1,000,000 kenyan shillings for a period of 6 to 60 months. You may consider turning to workmates or getting an advance from your employer. Loan processing is also very fast, and applicants normally get the money within 24 hours. A logbook loan lets you borrow the cash from your car, using the vehicle car, van, motorbike or caravan itself as collateral. Musoni is the future of high quality microfinancial services and leverages information communication technology ict heavily to manage its operations much more efficiently than peer organizations, and to scale rapidly as it delivers better services to clients.

Auto logbook loans are great solutions for quick cash, and they are fairly easy to obtain. If you do take one out, check that the lender is a member of a trade body and it complies with a code of practice, specifically on logbook loans. A van logbook loan, as the name suggests, is a loan secured against your van. Not all legitimate lenders do this though especially the mainstream commercial banks who dont ask for collateral right away. Once the fee is paid, the system will produce a twopart verification code. Get the best deals on boxer motorbike ads in kenya. Robbybikes used motorbikes for sale in kenya public. Should you fail to pay back the loan, the logbook loan lender will take away your vehicle. When you take out a van logbook loan with logbook loans we will hold on to your logbook v5c or vehicle registration document for the duration of the loan. A logbook loan is a loan secured against any vehicle, for example getting a loan against your car. We offer a simple application process that you can complete online in minutes, and the only time youll need to speak to a representative is when you meet with one of our agents to sign. Kcb bank offers loan to purchase of boda bodas motorcycles and tuk tuks with comprehensive insurance and fee charges of 3% of the loan amount. In exchange, the lender will keep the logbook of the borrower with them. If you want to apply for a motorbike logbook loan, then a good place to start is getting the below documents ready for us to check.

Logbook loans cash logbook loans secured against all vehicles. Robbybikes used motorbikes for sale in kenya public group. By filling in the form below, we will match you with the best and cheapest secured auto logbook loans provider in kenya. In this section you can find 14 motorcycle suppliers in kenya registered on our portal. We as crown credit support you to take it to a higher level with our logbook loans against your vehicle, motorbike or tuktuk. Boda boda loans in kenya, motorbike loans secure your.

Each of the sellers on the online motorcycle marketplace and motorcycle distributor has their own, and they range between sh. As responsible lenders, the companies we work with always want to ensure that their loans are affordable, but should you run into difficulty, you can always call us to discuss your account. Bcf kenya bcf kenya gives up to 50% the value of the car and repayment is up to 12 months. Logbook loans cash logbook loans secured against all. A logbook loan allows you to borrow money using your vehicle as security. We have the quickest loans, all our products are processed in under an hour. Starting the application process for a motorbike logbook loan is very simple indeed. Logbook loans are secured against your vehicle and are subject to affordability. Logbook loan release cash from your vehicle in 1 hour car. Expiry duration of all inspection bookings from 16th march were adjusted to expire on 30th may, 2020.