Logbook Loans; this is a type of collateral loan which uses a logbook as the security.
Who qualifies? Owner of motor vehicle with a comprehensive insurance cover.
What maximum amount can I get? 60% the motor vehicle value determined from a valuation report (by Shalom Base Sacco accredited valuer.
How long till I get the money? One day
How to apply?
- Fill an application form downloadable from our website
- Avail the motor vehicle for valuation and tracker installation
- Accept in-charge of the vehicle to Shalom Base Sacco Limited in TIMS Portal
- Loan disbursed to Mpesa number or bank account declared in the application form.