Concorde Sacco > Long-term Loans > Car Loan Facility

Car Loan Facility

We facilitate the purchase of motor vehicles on behalf of you

Loan Features

  • Maximum Amount : Kshs 5 Million.
  • Interest Rate: 1.125% per Month on reducing balance.
  • Repayment Period: 60 Months
  • Security : Car registration certificate(logbook) of the car

Car Loan Application Process

Step-by-Step Checklist for Acquiring your Car
  • Identify the Car(8years) and do a sale agreement with the seller/dealer
  • Engage Sacco valuers for valuation
  • Get a copy of the logbook and submit
  • Apply for the loan( 75% of the value)
  • Dealer to transfer the vehicle to joint ownership between member and the Sacco
  • Installation of Tracking Device
  • Loan approval and disbursement upon successful perfection of Security.

Loan Application

Loan Application

Fill and Upload your details here

Max File Size: 20MB · Allowed File Types: jpg,png,pdf,jpeg
Max File Size: 20MB · Allowed File Types: jpg,png,pdf,jpeg
Max File Size: 20MB · Allowed File Types: jpg,png,pdf,jpeg
Max File Size: 20MB · Allowed File Types: jpg,png,pdf,jpeg

Congratulation {Member Name|name_5_1},

Your Loan Application has been Submitted Successfully!

We will contact you as soon as possible.
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Need Help ?

Please feel free to contact us. We will get back to you with 1 working day or just call us now.

+254 700 552 588
info@concordesacco.com

Download Loan Form

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What is Nafuu Loan?

It's a loan to help members who have more than one existing loan to reduce the burden of total installments payable by consolidating  them into one loan.

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