Auto Finance
This product is designed for salaried individuals who want to purchase new or used vehicles.
+ What are the features?
- What are the features?
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Minimum borrowing amount of Kshs. 500,000
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Maximum borrowing amount of Kshs. 2,000,000
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Investment to value ratio of 70:30
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Repayment tenor of 3 years
+ What are the benefits ?
- What are the benefits ?
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Access to other GAB Finance Products
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Competitive profit rates
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Personalized service
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Free financial consulting
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Turn around processing period of 4days.
+ What are the requirements?
- What are the requirements?
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Duly completed facility application form
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Duly signed sale agreement
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Pay slips for the last 3 months
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Letter of introduction from employer
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Mode of repayment can be done by check-off/salary transfer/debit order
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Certified bank statements for the last 6 months
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Copy of ID/Passport
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Copy of PIN Certificate
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3 passport size photos
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Copy of log book for vehicle
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Commitment levels at 50% of income