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Value you already own, without selling it

A logbook loan releases cash against your vehicle’s value while you carry on driving it. We hold the paperwork as security, never the keys.

It suits the things that will not wait — stock for the business, school fees, a medical bill — and it is usually far cheaper than unsecured credit because the car does the work of guaranteeing it.

  • Borrow up to 60% of your vehicle’s valuation
  • Drive the car normally for the whole term
  • Settle early without a penalty
Car owner with a logbook loan
OnePay logbook loans

See what a logbook loan costs

We charge a 3.5% monthly flat rate. Move the sliders, or type an exact amount.

KES
KES 100,000KES 5,000,000
months
1 month24 months
  • Up to 60% of your vehicle valuation
  • Your car stays with you throughout
  • Settle early without a penalty
Estimated monthly repayment
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Indicative only. Final terms depend on vehicle valuation and assessment.

Six reasons people choose this over unsecured credit

High loan amounts

KES 100,000 to 5,000,000, up to 60% of your vehicle’s value.

Fast approval

A decision and disbursement typically inside 24 hours.

Low interest

From 3.5% flat per month, published openly.

Keep driving

The vehicle stays with you and stays on the road.

Flexible terms

Repay over anything from 1 to 24 months.

No hidden fees

Every charge is disclosed before you sign.

What we need to assess you

Bring these together and an application usually takes minutes rather than days.

  • An NTSA logbook in your own name
  • Original National ID
  • KRA PIN certificate
  • Aged between 23 and 70
  • Bank and M-Pesa statements
  • Payslip or proof of income
Start an application

Four steps to your money

1

Own a car with a valid logbook

You must be the registered owner with a valid NTSA logbook in your name.

2

Apply online

A short form with your contact and vehicle details. No paperwork to post.

3

Get your offer

We value the vehicle and come back with a figure, a rate and a term.

4

Receive your money

Sign, get disbursed, and carry on driving the car.

Ready to Get Started?

Turn your car into cash today.

Apply Now