4.5

Loan Comparison

Ride Towards Financial Freedom with Motorcycle Loans

Get the motorcycle you need for personal or business use.

Ride Towards Financial Freedom with Madini Chapaa's Motorcycle Loans

At Madini Chapaa, we understand the importance of mobility for personal and business use. Our Motorcycle Loans are designed to help you acquire a motorcycle with ease.

Inrest Rate

7%

Loan Amount Range

KES 250,000

Fees and Charges

Processing Fee may apply

Eligibility Criteria

  1. Must be registered with Madini Chapaa and conduct business worth a minimum of 10g per week for a minimum of 12 weeks.

Key Features

  1. Flexible Repayment Options: Choose from a variety of repayment plans to fit your budget.

  2. Competitive Interest Rates: Enjoy competitive interest rates for your motorcycle loan.

  3. Quick Approval: Get fast approval for your loan application.

  4. Convenient Application Process: Apply for your loan online at any time.

Repayment Terms

  1. Loan Duration:
    1. 24 Months
  2. Payment Frequency:
    1. Monthly
  3. Amortization Type:
    1. Amortizing
  4. Payment Calculation:
    1. Calculated based on the loan amount, interest rate, and loan duration.
  5. Prepayment Penalties:
    1. None
  6. Grace Period:
    1. None Late
  7. Payment Policy:
    1. Late payments may affect credit score and incur additional fees.
  8. Payment Options:
    1. Payment can be made through automatic bank transfers, online payments, or physical check payments.

Potential Impact on Credit:

Responsible repayment of the Motorcycle Loan can positively impact your credit score, demonstrating your ability to manage debt effectively and potentially improving your creditworthiness for future financial endeavors.

How It Works

Minimum Loan Start
KES 250,000

Follow Me