This loan enables you to purchase Motor vehicle, Machinery and household goods
Motor vehicles Features:
- Loan limit of Ksh.10,000,000
- Multiplier of X5 member deposits
- Interest rate is 1.21% per month on reducing balance
- Repayable in 48 months
- All Motor vehicles financed at 100%
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PARAMETERS |
NEW FEATURES |
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Loan Limit |
Upto 5 times deposits Max: Kshs: 10 million |
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Repayment period |
48 months |
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Interest Rate |
1.21% per month |
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Age of the Vehicle |
8 years |
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Security Value (Car) |
Toyota Make |
70% |
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Other Make |
60% |
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Guarantorship/ Other Security |
Toyota Make |
30% |
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Other Make |
40% |
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Household Features:
- Loan limit of Ksh.10,000,000
- Multiplier of X4 member deposits
- Interest rate is 1% per month on reducing balance
- Repayable in 24 months