Here’s a detailed overview of Top Logbook Loan Providers in Kenya for 2025. These institutions provide quick, accessible loans using vehicle logbooks as collateral. Most of these lenders offer loans within 24 hours, covering up to 80% of the vehicle’s market value, depending on the type and condition of the vehicle. Here’s the list of some of the most trusted logbook loan providers in Kenya:
1. Mwananchi Credit
Mwananchi Credit is a leading logbook loan provider in Kenya, offering loans of up to 80% of the car’s trade value. The process takes about 6 hours for approval. The company provides mobile banking, money transfers, and Visa card services, alongside traditional banking options.
- Loan Amount: Up to 80% of vehicle value
- Repayment Period: Flexible terms
- Requirements: Original logbook, 6 months bank statements, M-Pesa statement, and comprehensive insurance.
Contact: 0709 147 000
2. MOGO Kenya
MOGO Kenya, part of the Mogo Finance Group, offers logbook loans between KES 100,000 and KES 1,500,000. Loans are processed within 24 hours, and the repayment period extends up to 5 years, with both weekly and monthly options.
- Loan Amount: KES 100,000 to KES 1,500,000
- Repayment Period: Up to 5 years
- Requirements: Original logbook, National ID, KRA pin, 6 months bank statements
Contact: 0768 469 112
3. Auto Advance Logbook Loans
Auto Advance Logbook Loans offers a hassle-free loan process with no extra fees and no CRB checks. Their loans are approved quickly, making them ideal for urgent financial needs. They provide flexible loan amounts with a fast turnaround time.
- Loan Amount: Up to 80% of vehicle value
- Repayment Period: Flexible
- Requirements: Original vehicle logbook, National ID, and no CRB checks.
Contact: 0765 650 650
Location: Millenium Place, Buru Buru, Nairobi
4. Jijenge Credit Limited
Jijenge Credit offers loans ranging from KES 50,000 to KES 10,000,000, with repayment periods ranging from 1 to 12 months. The company also offers loans against multiple vehicles, ideal for business owners with several vehicles.
- Loan Amount: KES 50,000 to KES 10,000,000
- Repayment Period: 1 to 12 months
- Requirements: Original logbook, KRA pin, recent passport photos, motor vehicle valuation.
Contact: 0711 282 727, 0703 282 727
5. FinCredit Limited
FinCredit Limited provides logbook loans along with other financial products. The company is known for quick approval and competitive interest rates. They offer flexible repayment periods, and their loan processing is designed to be fast and efficient.
- Loan Amount: Based on car’s market value
- Repayment Period: Flexible terms
- Requirements: Original vehicle logbook, KRA pin, National ID, 6 months bank statements.
Contact: 020 386 1673, 0735 880 417
6. Bidii Credit Limited
Bidii Credit offers logbook loans with minimal requirements and quick processing. The company is known for having flexible terms and is ideal for those who need a fast loan with a clean credit history.
- Loan Amount: Based on vehicle valuation
- Repayment Period: Flexible
- Requirements: Clean credit history, 6 months bank statement, original logbook.
Contact: 0709 840 000
7. Platinum Credit
Platinum Credit provides logbook loans ranging from KES 50,000 to KES 2,000,000, with flexible repayment periods from 1 to 12 months. The company offers competitive interest rates and fast loan approval.
- Loan Amount: KES 50,000 to KES 2,000,000
- Repayment Period: 1 to 12 months
- Requirements: Bank statements, KRA Pin, original vehicle logbook.
Contact: 0709 900 000, 0730 900 000
8. Momentum Credit
Momentum Credit offers logbook loans of up to KES 2,000,000, processed within 24 hours. The company offers up to 60% loan-to-value and provides flexible repayment options that can suit various financial needs.
- Loan Amount: Up to 60% of vehicle value
- Repayment Period: Flexible
- Requirements: Original logbook, KRA pin, National ID, motor vehicle valuation.
Contact: 0709 434 000, 0709 434 900
9. Citizens Credit Limited
Citizens Credit offers logbook loans secured against multiple vehicles, making them an attractive option for businesses or individuals with more than one car. The loan approval process is fast, and they offer competitive interest rates.
- Loan Amount: Based on car’s value and multiple vehicle security
- Repayment Period: Flexible terms
- Requirements: Original vehicle logbook, KRA Pin, National ID, 6 months bank statements.
Contact: 0722 646 687
10. Ngao Credit Limited
Ngao Credit offers quick logbook loans with a loan-to-value ratio of up to 60%. They provide up to 24 months repayment terms. Ngao Credit is known for its minimal paperwork and fast disbursement of funds.
- Loan Amount: Up to 60% of the car’s value
- Repayment Period: Up to 24 months
- Requirements: Original logbook, National ID, KRA Pin, 6 months bank statement, post-dated cheques.
Contact: 0709 650 000
These top 10 logbook loan providers in Kenya are ideal for anyone looking to access fast loans with minimal hassle. Whether you’re looking to secure a quick loan for personal use or need business capital, these lenders offer competitive loan amounts, flexible repayment terms, and quick processing times. Always ensure you meet the necessary requirements before applying, and choose the provider that best fits your needs.
