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Car Logbook Loan

Car Logbook Loans

Unlock Cash from Your Car in 6 Hours

Fast, Secure & Affordable Logbook Loans

Need quick cash to sort out an emergency, boost your business, or handle personal expenses? A logbook loan from Together As One Micro Investment Limited allows you to borrow against your car's logbook quickly and easily, without selling your vehicle. You get to keep driving your car while you repay the loan.

  • Loan processing in under 6 hours
  • Loan amounts from KSh 100,000 to KSh 5,000,000
  • Borrow up to 70% of your car's value
Apply Now

Loan Requirements

  • Certified and verified current vehicle logbook (at least 6 months old from printing date)
  • National ID & KRA PIN
  • Six Months Bank/M-Pesa Statements
  • Two Passport Size Photos
  • Comprehensive Insurance Cover (for loans above KSh 500,000)

Why Choose Our Logbook Loan?

  • Loan processing in under 6 hours
  • Loan amounts from KSh 100,000 to KSh 5,000,000
  • Borrow up to 70% of your car's value
  • Flexible repayment period from 9 to 36 months
  • No CRB checks required
  • No hidden charges
  • Keep driving your car during the loan period
  • Competitive interest rates from 2.5% to 7%

Vehicles We Do Not Finance

Please note that to ensure the quality and security of our assets, we are unable to provide financing for the following types of vehicles.

  • Vehicles with corroded, rusty, illegible, or welded chassis numbers.
  • Salvaged or rebuilt motor vehicles.
  • Vehicles currently held in garages for major repairs.
  • Fully electric vehicles (EVs).
  • Prime movers such as tractors, bulldozers, and other special categories (wheel loaders are considered).
  • Vehicles with a forced sale value below KSh 300,000.
  • Vehicles with outstanding import duty.
  • Buses with a seating capacity above 33.
  • Repossessed vehicles or those in an auctioneer's yard.
  • Vehicles with foreign, parastatal, or ex-GK number plates.
  • Vehicles below 1000cc may only qualify for up to 50% of their value.
  • Vehicles manufactured in China or India.
  • Rare or exotic models (e.g., Jaguars, Mobius, Teslas).
  • Vehicles with registration series KAA-KAZ (unless it is a V8 model).

Persons We Do Not Finance

For regulatory and risk assessment reasons, we are unable to extend our financial services to the following individuals.

  • Disciplined forces and their spouses (e.g., Military, Kenya Police) unless retired.
  • Persons living with disability.
  • Prominent national politicians (e.g., MPs, Senators, Governors) while active in power. MCAs can apply.
  • Prominent lawyers.
  • Citizens of East African Communities (i.e., Rwanda, Tanzania, Uganda, Burundi, Congo, Ethiopia, South Sudan, Somalia).
  • Known fraudsters or individuals with a history of fraud.
  • Forex traders.
  • Persons convicted in a court of law who are out on bond or bail.
  • People living with chronic illness that may impair repayment ability.
  • Persons aged 65 years and above with no permanent source of income.
  • Residents of remote areas (e.g., Northern Kenya, Mandera, Wajir, Dadaab, Lamu).

How It Works in 3 Simple Steps

1

Apply Online or Visit Us

Fill out our simple form or visit our branch with your documents.

2

Vehicle Valuation

We'll assess your car's value quickly and give you a loan offer.

3

Get Your Cash

Once approved, the funds are disbursed to you within hours.

Loan Costs & Fees

Transparent Pricing

We believe in full transparency. Here is a breakdown of the standard fees associated with our loan products. Please note that some fees may vary.

  • Registration/Membership Fee

    One-time fee for new members.

    Ksh 1,400

  • Tracker Fee

    Mandatory for vehicle security and monitoring.

    Ksh 14,000

  • Logbook Search & Entry (NTSA)

    For verification and placing a charge on the logbook.

    Ksh 1,000

  • Logbook Transfer

    Varies based on vehicle CC and the loan product.

    Ksh 6,000 - 9,000

  • Processing Fee

    Covers legal (2%), admin (2%), credit life insurance (2%), and appraisal (1%).

    7% of Principal

  • Risk Fee

    Applicable if the vehicle is too old for comprehensive insurance cover.

    2% of Principal

Frequently Asked Questions

Ready to Get Started?

Don't let financial hurdles slow you down. Turn your car's logbook into instant cash today.

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