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KCB Bank does not give logbook loan but there is secured loan which allows you to use the logbook as a collateral.

Personal Secured Loan Requirements

  • Valid Kenyan ID or passport
  • Latest Original Pay slips
  • Proof of source of income for self-employed individuals

The Personal Secured Loan will help you get started and with flexible repayment periods up to 72 months. All you need is to have an active KCB account for a minimum of 3 months, and requisite security including title deeds, logbooks, share certificates, among others.

You will get a loan in excess of Ksh 10,000,000. The loan is determined by the value of your collateral.

The post Does KCB Offer Logbook Loan appeared first on Business this day.

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February 14, 2024

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