Motor Vehicle Loans

Motor Vehicle Loan

Purchase your vehicle with financing up to Ksh 8,000,000 — logbook jointly registered as security.

Motor Vehicle Loan

✓ Eligibility & Overview

  • Must be a registered member of Twakiri Sacco in good standing.
  • Maximum loan: Ksh 8,000,000.
  • Logbook to be jointly registered as security — see loaning policy.
  • Borrower meets all incidental costs (valuation, transfer, registration, etc.).
  • Repayment period of 48 or 60 months based on loan amount.
  • Interest computed on reducing balance.
Motor Vehicle Loan — Rates & Terms
Loan Amount (Ksh)Loan PeriodAnnual Interest Rate
Up to 3,000,00048 months12% p.a.
Above 3,000,00060 months11% p.a.
ⓘ Note: Maximum loan is Ksh 8,000,000. Logbook jointly registered. All incidental costs (valuation, registration, transfer fees) are met by the borrower. T&C apply — see loaning policy.
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