Ngao Credit is one of the institutions in Kenya that offer loans in Kenya. Below we provide details about their loans, application requirements and interest rates
LOGBOOK LOAN
Your Car is your wallet on wheels
Get quick cash against your car logbook
Get up to 4 million in 6 hours
Why choose Ngao Credit
- Get a quick loan in only 6 hours
- 24/7 customer support
- Interest rate of only 3.5%
- Flexible repayment period of up to 24 months
- Ngao Customers are eligible for a mobi loan top up
What you need to apply
- Copy of car logbook
- 12 months Mpesa Statements
- 6 months Bank Statements
- National ID
- KRA Pin
Car Finance
Looking to buy a car?
Get up to 70% financing on a car of your choice
Why choose Ngao car finance
- Quick and simple application process.
- We finance up to 70% of the value of the car
- Flexible loan term of up to 36 months
- Loan amount of up to KES 3 million
Requirements
- KRA and ID copy of the applicant
- Copy of logbook
- Proforma invoice/ Sale agreement from the dealer
- 12 months bank and M-Pesa statements
90 DAY SUPPLIERS’ LOANS
What you need to apply
- Copy of your car Logbook
- National ID and KRA Pin
- 12 months bank and Mpesa statements
- Comprehensive Insurance (We can finance you and include this on the loan)
Flexible and Convenient
Get a loan for 3 months (90 days), Pay interest in the first 2 months, and repay the premium + interest in the last month.
Representative loan calculation:
If you borrow Kes 1 million, with interest rate of 7.5%. Interest = KES 75,000.
1st Month pay KES 75,000.
2nd Month pay KES 75,000
3rd Month pay KES 1 million + KES 75,000
Import Duty Financing
Why choose Import Duty Financing
- Easily pay for import duty and related costs on time
- Quickly cover any storage charges and demurrages.
- Take care of clearing, forwarding, and logistics costs without hassle.
- Avoid high storage and demurrage fees at the port.
- 2 Passport photos
- Prevent your imported goods from being auctioned due to unpaid duties.
What you need to apply
- Bill of lading
- Translated Japanese Logbook (English)
- Invoice for the unit/Motor Vehicle
- Jevic (Inspection Certificate)
- 2 Passport photos
- ID and PIN of the borrower
- 6 months Bank & 12 months M Pesa statements
Benefits of Ngao Import Duty Financing
- 100% financing to clear all port charges and KRA duty.
- Flexible repayment period of up to 36 months.
- We can facilitate the delivery your car to your convenient location.
- Peace of mind – Our clearing agents do the legwork for you.
Insurance Premium Financing
Why choose Ngao
- Quick and simple application process.
- We finance 80% of the premium
- Flexible loan term of up to 11 months
- Get insured by trusted insurers
What You Need
- Copy of logbook
- ID copy of the applicant
- Insurance premium quote
- Motor valuation report or renewal notice
Ngao Credit Branches and contacts
Our Branches
Nairobi Upperhill
NHIF building, 2nd floor
0709 650 100
Nairobi CBD
Eco Bank Towers, 6th Flr
0709 650 200
Mombasa
Jubilee Arcade, 2nd floor, Moi Avenue
0709 650 300
Kitengela
Kitengela Mall, 3rdFlr
0709 650 600
Thika
Maisha Heights 1st Flr
0709 650 700
Nakuru Branch
Tower one 2nd Floor Moi Road
0709 650 400
Kisumu Branch
Tuff Mall, Grd Flr
0709 650 800
Eldoret
Zion Mall, 1st Floor
0709 650 500
Meru
Royal Business Park
0709 650 900
Ngao Credit Head Office Contacts
WORKING HOURS: Mon-Fri: 8am-5pm
Sat: 8am-12pm
USSD: *725#
Call: +254 709 650 000
WhatsApp: +254728290551
Email: info@ngaocredit.com
data protection: dpo@ngaocredit.com
