Question 1

How much can I borrow against my logbook in Kenya?

Accepted Answer

You can borrow up to 70% of your car's market value, ranging from KES 100,000 to KES 1.5 million. The exact amount depends on the make, model, year, and condition of your vehicle.

Question 2

Can I keep using my car during the loan?

Accepted Answer

Yes! With a Fantom Capital logbook loan you keep driving your car the entire time. We only hold the logbook as security - you retain full use of your vehicle.

Question 3

What documents do I need for a logbook loan?

Accepted Answer

You'll need your National ID, KRA PIN certificate, the original logbook, 12 months of bank or M-Pesa statements, and 2 passport-size photos.

Question 4

How fast is approval?

Accepted Answer

Most logbook loans are approved within 3 hours - often sooner. Once approved, funds are disbursed straight to your M-Pesa or bank account.

Question 5

Does my car qualify?

Accepted Answer

We finance most private and PSV vehicles. Generally the car should be 15 years old or newer and registered in your name. Apply online and we'll value it for free.

Question 6

What is the interest rate?

Accepted Answer

We charge a transparent 4% flat monthly rate with no hidden fees. You'll see your exact monthly repayment in the calculator before you apply.

Logbook Loans in Kenya: Borrow Up to 70% of Your Car Value