Access up to Kes 4 million in 6 hours
Access up to Kes 4 million in 6 hours
Our Advantages
Quick Turnaround Time
Get your loan processed and disbursed swiftly, ensuring you have the funds when you need them most.
Fast Loan Processing
With efficient processes, we ensures that your loan application is processed swiftly. Most loans are approved and disbursed within 6 hours, allowing you to access the funds you need without unnecessary delays.
Excellent Customer Service
Experience top-notch customer service, with a dedicated team ready to assist you at every step.
How to Get a Logbook Loan Instantly
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1Submit Your Application HereYou can leave a request by filling out the online form here.
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2Document Submission and ProcessingYou will be required to submit these documents: Copy of car logbook, Mpesa Statements,Bank Statements, National ID and KRA Pin.
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3Valuation & Approval of FundsGet a car valuation and your loan approved. Receive funds directly to your account.
Customer Reviews
Ngao Credit helped me get my business back on its feet.
Upcoming Events
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Ngao Credit Renews Partnership with Snipers Basketball Team
Ngao Credit has renewed its partnership with Snipers Basketball Team for a third consecutive year, reaffirming its commitment to supporting excellence, discipline, and unity through sport as part of i... ...more
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The Truth About Logbook Loans: Separating Fact from Fiction
Discover the truth about logbook loans in Kenya. Learn the facts, debunk common myths, and explore flexible loan options with Ngao Credit. ...more
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September 22, 2025•4 min read
Common Queries About Our Logbook Loans
How much can one borrow?
You can borrow up to 70% of the value of the vehicle with a minimum amount of KES 100,000 and a maximum of KES 4,000,000.
Who is eligible for a logbook loan?
A Kenyan citizen with a legal source of income and a registered car logbook.
What is the limit to the age of the car?
Yes. Your car should not be older than 2006.
What are the charges for this facility?
There are additional processing fees and chattel fees, which are deducted from the loan. Monthly car tracking charges are also capitalized as part of the loan.
What is the repayment period of the facility?
There is a repayment period of up to 24 months.
Logbook Loan interest rate is 3.5% per month, with a flexible repayment period of up to 24 months. The total cost of credit may include interest, processing fees, valuation fees, insurance-related charges, and any other applicable charges. Loan approval is subject to eligibility, affordability assessment, customer profile, vehicle valuation, and Ngao Credit Limited’s credit approval process. The final loan amount, repayment schedule, applicable fees, total repayment amount, and terms are disclosed before loan acceptance. Terms and conditions apply. Ngao Credit Limited is licensed and regulated by the Central Bank of Kenya.
Ngao Credit helped me achieve my retirement plan of becoming a farmer.