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Drive Your Dreams
Seeing the increase of loand for motor vehicles in ENBP, our Motor Vehicle Loan product is designed to fulfill your aspirations of owning a vehicle whether to use as a PMV an added asset your business. We understand the significance of transportation in today’s world, and we’re committed to helping you acquire a vehicle you need with ease and convenience.
Meet Your Vehicle Asset Needs
| Nature of Loan | To finance the acquisition of a motor vehicle asset essential in generating income for your business. |
| Loan Term | Maximum of 60 months |
| Interest Rates | 24% per annum |
| Amount | K20,001 – K250,000 |
| Target Group | * SME Owners/Operators, etc. * Self-employed (Formal & Informal Sector) * Business Groups & Companies |
| Requirements | * Must run business for 24 months * Must provide guarantor * Must provide collateral of 100% or more * IPA Registration |