Auto Loans
Car financing from Kenya's top banks. New and used vehicles, competitive APRs (13-20%), terms up to 5 years.
Top auto loan lenders
Banks specializing in car financing with competitive rates and fast approval.
Frequently asked questions
What deposit do I need?
Most banks require 20-30% deposit of the car's value. Some offer up to 100% financing for salaried customers with strong credit.
Can I finance a used car?
Yes, but rates are higher (16-22%) and the car must be less than 8 years old at loan maturity.
How long does approval take?
1-2 weeks for salaried employees. Self-employed may take longer (2-3 weeks).
What happens to the logbook?
The bank holds the logbook until you repay the loan. You can't sell or transfer the car without clearing the loan first.