Loan Application

if you own a car and have a logbook, you can easily use your logbook to secure a loan in Kenya. Currently, there are so many loan facility providers available in town centres near you that can help you to secure a quick loan within 24 hours. The fact that you can secure a loan anytime using your logbook while still retaining your car makes it easy for you to continue with your business and still retain your car while at the same time repay the loan.

The repayment period for this type of loans depends on the amount of loan you have taken and the lender policy on loan repayment. below is a list of some of the best logbook loans you can go for in Kenya.

1. Watu Credit Logbook Loan

Watu Credit logbook loans are designed to be flexible, so you can borrow as much or as little as you need. They offer competitive interest rates and flexible repayment terms, so you can choose a loan that fits your budget and your lifestyle.

Applying for a logbook loan with Watu Gari is simple. Justvisit their official website or visit their nearest shop and  fill out application form, provide some basic information about your vehicle, and they get back to you with a decision in no time. Once your loan is approved, they will transfer the funds directly to your bank account, so you can start using the money right away.

2. Mwananchi Credit

Mwananchi Credit Logbook Loans are perfect for those with poor credit or limited credit history. They offer low rates, flexible repayments, and a secure, confidential process. Their loans are typically 12 months in duration with a maximum of 48 months contract. There is no minimum period as loans can be repaid at any time within the agreed contract, with no early redemption penalty.

3. Mogo Kenya

The company is part of the Mogo Finance Group which provides logbook loans that range from KES 100, 000 to 1, 500, 000, within 24 hours. One is able to choose a repayment period of up to 5 years, with the repayment schedule being on a weekly or monthly basis depending on a client’s choice.

Contact: 0768 469 112

4. Platinum Credit

Platinum Credit, This loan is secured by the value of your car. This loan can be used for any purpose and is ideal for people looking to expand their business or sort out their financial emergencies. They also offer a short term loan facility that is meant to assist their clients motor vehicle from their local car yards.

Some of the requirements to acquire logbook loan facility from Platinum Credit include;

-Original Vehicle Logbook

-Copy of original national ID

-6 Months certified bank and Mpesa statement

-Copy of KRA PIN

5. Ngao Credit

Ngao Credit Logbook loan is a type of loan that offers quick financing against your personal/ private motor vehicle.

This will help you unlock the value of your car today and get up to Ksh 4 million against your car.

You can borrow up to 60% of the value of the car and get between Ksh, 100,000 and Ksh. 4,000,000.

Get a quick loan in only 6 hours

They offer affordable interest rates of only 5% per month

Flexible repayment period of up to 24 months.


  • Original Vehicle logbook, Original PIN and ID
  • Latest 12 months bank statements
  • Comprehensive Car Insurance
  • Post dated cheques
  • Comprehensive Insurance
6. Momentum Credit

Momentum Credit coffers logbook loans of upto Limits of up to KES. 2M repayable in 24 months


  • Original logbook
  • Copy of ID
  • KRA Pin
  • Motor vehicle valuation report
  • Comprehensive insurance
  • 6 months bank statement

Contacts: 0709 434 000, 0709 434 900


7. Mogo Kenya

Mogo Kenya offers reliable Logbook loans of ot to Ksh.2.5M with a flexible repayment period of upto 36 Months. With Mogo, you will be able to ge a quick Logbook loan of any car while at the same time you keep driving.


To secure a MOGO logbook loan, follow these simple steps:

  • Have a logbook in your name
  • Provide National ID
  • KRA Pin
  • Be 23 – 70 years old
8. Auto Advance Logbook Loans

Auto Advance offers flexible interest rates and hassle-free logbook loans to meet your financial needs. With their seamless application process, you can get the funds you need quickly and conveniently.


Fastest Logbook Loan

No Hidden Charges

No CRB Check

Attention to Clients’ Needs

Location: Millenium Place, Buru Buru, Nairobi

Contact: 0765 650 650


9. Bidii Credit Limited

To qualify, one must have the following terms met

  • You must have operated a registered / licensed business for more than 2 years OR
  • You must have been in employment for more than 2 years
  • Must be able to show invoices or payslip and employment contract for last 6 months
  • The vehicle must be in your name/guarantors name.
  • The vehicle must be in a proper working condition
  • You must have a clean credit history
  • Latest Utility Bill e.g. Rent or Electricity
  • Six months bank statement with a cheque book
  • Motor Vehicle Valuation
  • Motor Vehicle Logbook
  • 2 Blank but signed Motor Vehicle Ownership Transfer Forms
  • Execution of Chattels
  • 2 Passport Photos of the applicant
  • Documents to show proof of Comprehensive Motor Vehicle Insurance
  • Legal and Valuation Charges
10. FinCredit Limited

FinCredit provides innovative and beneficial financial products to its clientele among them Logbook loans.

They offer both logbook loans, SME/employee loans, new KCC loans, instant loans, fincredit staff and rep loans.

Location: 1st Floor, Methodist Ministries Centre, Oloitokitok Road, Lavington

Contacts: 020 386 1673, 0735 880 417, 0722 425 050


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