This webpage is designed for eligible individual applicants seeking finance for a commercial vehicle. Approval depends on DTB's credit assessment, your repayment capacity, banking history, existing commitments, the vehicle being purchased and the supporting documents provided.

DTB can assess financing requests for new and used commercial vehicles and other movable capital assets. Depending on eligibility and the approved product category, this may include trucks, lorries, pickups, vans, taxis, matatus or other PSVs, school buses and specialised commercial vehicles. Confirm that your preferred vehicle class is eligible before paying a deposit to the seller.

Yes. Eligible individuals can apply to finance a truck or lorry for an approved commercial purpose. Provide the dealer's pro forma invoice or the seller's asset sale agreement, your identification documents, relevant bank statements and the completed Hire Purchase application form. The amount approved will depend on the truck's value, age, purpose and your ability to repay.

DTB can assess commercial passenger-vehicle financing requests, subject to the applicable vehicle category, licensing requirements, credit appraisal and current product terms. Before applying for a matatu, PSV or taxi loan, ask DTB to confirm the required deposit, permitted vehicle age, repayment period, insurance and any additional Sacco, route or operating documents.

School buses are included within DTB's wider asset-finance offering. The current webpage FAQ refers to a repayment period of up to 84 months for school buses, while the main product features state up to 72 months for new vehicles. Ask DTB to confirm the applicable school-bus tenure and financing percentage before applying.

Qualifying new commercial vehicles may receive up to 100% financing. This is a maximum rather than a guarantee. DTB will determine the approved percentage using the vehicle type, purchase price, intended use, applicant profile, repayment capacity, credit history and any required additional security.

Yes. DTB offers financing of up to 80% for qualifying used commercial vehicles, with repayment of up to 60 months. The published maximum vehicle age is eight years, and a copy of the logbook is required. The approved amount and tenure will also depend on valuation, condition, intended use and credit appraisal.

The maximum is expressed as a percentage of the vehicle value: up to 100% for a qualifying new vehicle and up to 80% for a qualifying used vehicle. The current DTB FAQ notes that facilities are generally not lower than KES 300,000 as an industry practice, but the actual minimum, maximum and approved amount should be confirmed with DTB because they depend on the asset and the applicant's repayment capacity.

A qualifying new vehicle may receive up to 100% financing, which can reduce the purchase-price contribution required from the buyer. A qualifying used vehicle may receive up to 80% financing, so the buyer may need to fund at least the difference between the approved facility and the purchase price, together with applicable fees, insurance and other costs. Your required contribution may be higher after appraisal.

The published repayment period is up to 72 months for qualifying new vehicles and up to 60 months for qualifying used vehicles. DTB may structure payments around the approved customer profile and revenue cycle. The exact tenure and instalment frequency will be stated in your facility letter.

The final interest rate is confirmed after appraisal. The total cost may include loan interest, a processing fee, valuation fees, vehicle insurance and renewals, tracking costs for the loan term, credit-life insurance where applicable, taxes and other approved charges. Request a full cost-of-credit breakdown and repayment schedule before accepting the facility.

Provide copies of your national ID or passport and KRA PIN, the latest eight months of certified bank statements if you are a non-DTB customer, a pro forma invoice or asset sale agreement from the dealer or seller, and a completed Hire Purchase application form. DTB may request additional KYC, income, licence, contract or vehicle-specific documents during appraisal.

No. The published product note states that financing is available to both DTB and non-DTB customers. Non-DTB applicants should provide the requested certified bank statements and complete DTB's onboarding, KYC and credit-assessment requirements.

DTB will consider your verified income and cash flow, bank statements, existing debts, credit history, repayment track record, proposed vehicle type, age and value, intended commercial use, insurance, supporting contracts where relevant and your ability to meet the proposed instalments. Complete and consistent documentation can support a faster assessment but does not guarantee approval.

The current DTB FAQ indicates a turnaround of approximately 48 to 72 hours where individual documentation is complete. This is an indicative service timeline rather than a guarantee. Valuation, document checks, credit assessment, vehicle verification or missing information may extend the process.

The financed vehicle and its logbook are the primary security. DTB retains custody of the logbook until the facility is fully repaid, an insurance claim is settled or the asset is disposed of under the agreed process. DTB may request contracts, guarantees or additional conventional security depending on the application.

Yes. You may use the vehicle for the purpose approved in the facility terms while continuing to make repayments, maintain the required insurance and meet all licensing, maintenance and operating obligations. Any material change in use should first be discussed with DTB.

The financed vehicle must remain insured in line with the approved facility terms. Insurance is renewed annually and the insured value or premium may change after valuation. Eligible applicants can enquire about Insurance Premium Financing, which may spread the annual premium over an approved period.

The current DTB FAQ states that there is no early-settlement penalty and that early repayment can reduce future interest and strengthen your repayment record. Request an official settlement figure from DTB before paying because it will include the outstanding principal, accrued interest and any applicable charges.

You may apply for another vehicle facility if your repayment record, income and overall ability to service the additional debt remain satisfactory. DTB will reassess affordability, existing obligations and the proposed asset before approving a second or additional commercial vehicle loan.

Do not sell or transfer a financed vehicle without DTB's approval. Notify the bank so that the vehicle can be valued, the outstanding facility can be settled from the sale proceeds and any shortfall can be addressed before the logbook or ownership interest is released.

Report the accident promptly to the insurer and DTB and follow the claims process. Unless DTB confirms otherwise, continue servicing the loan while the claim is being assessed to protect your repayment record and avoid default interest or other charges.

Contact DTB as soon as you anticipate difficulty. A restructure may be considered where the circumstances and repayment plan are justifiable, but it is not automatic. Repossession or auction does not necessarily cancel the debt: you remain liable for any outstanding balance, default interest and permitted recovery or administrative costs after sale proceeds are applied.

Compare the total cost of credit, interest-rate basis, deposit required, financing percentage, repayment period, eligible vehicle types and ages, valuation and processing fees, insurance and tracking costs, early-settlement terms, repayment flexibility and lender turnaround. DTB publishes up to 100% financing for qualifying new vehicles, up to 80% for qualifying used vehicles and terms of up to 72 months, subject to appraisal. The best option is the one whose full cost and instalments are sustainable for your expected vehicle income.

Select Get In Touch on the DTB webpage or visit a DTB branch. Identify the vehicle, obtain the dealer's pro forma invoice or seller's asset sale agreement, prepare your ID or passport, KRA PIN and required bank statements, and complete the Hire Purchase application form. DTB will review the vehicle, documents, credit profile and repayment capacity before issuing an offer if approved.