Eligible applicants may include individuals and businesses with a verifiable source of income, satisfactory repayment capacity and an acceptable credit history. The applicant must own an eligible vehicle or construction equipment, and the logbook should be registered in the applicant’s name and free from an existing encumbrance.

DTB offers a bank logbook loan for qualifying individuals and businesses in Kenya. Select “Get In Touch” on the page, contact DTB or visit a DTB branch to begin the application and confirm the current eligibility, pricing and document requirements.

DTB may finance up to 80% of an eligible vehicle’s assessed market value. The DTB Logbook Loan ranges from KES 300,000 to KES 10,000,000, subject to your income, repayment capacity, credit assessment, vehicle type, age, condition and valuation.

You may be considered for financing of up to 80% of the vehicle’s assessed market value. The final loan-to-value ratio may be lower depending on the asset, your financial profile and DTB’s credit-assessment criteria.

The published minimum is KES 300,000 and the maximum is KES 10,000,000. Amounts above KES 10,000,000 may be considered under other DTB financing products. All applications are subject to appraisal and approval.

DTB may consider private and commercial vehicles of common makes, together with select construction equipment. The current product information excludes public service vehicles and electric vehicles. DTB will confirm whether the specific make, model, age, condition and asset type are eligible.

Yes, select construction equipment may be considered as security. DTB will assess the ownership records, equipment type, age, condition, market value, insurance, tracking and any additional documentation required for the asset.

No. A car loan or asset-finance facility normally helps you purchase a vehicle. A logbook loan is an equity-release facility that allows you to borrow against an eligible vehicle or equipment you already own. Both are secured products, but they solve different financing needs.

The vehicle remains available for your use while you repay, provided you follow the loan agreement and keep the required insurance, tracking and security arrangements valid. The original logbook is held by DTB and the vehicle is jointly registered with the Bank until the loan is fully repaid.

Yes. The DTB Logbook Loan requires the logbook to be registered in the borrower’s name. A corporate applicant should provide acceptable company ownership documents and a logbook or asset record that DTB can verify during appraisal.

The published eligibility requires an eligible asset that is free from an existing encumbrance. Contact DTB before applying if another lender has an interest in the vehicle, as the Bank will confirm whether a settlement, buy-off or another financing option can be considered.

A payslip is required for salaried applicants as part of employment and income verification. Self-employed applicants and businesses may be assessed using certified bank statements, mobile-money statements, business documents and other evidence of reliable cash flow. Approval is not based on the logbook alone.

DTB reviews each application on merit and assesses the applicant’s credit history and repayment capacity. The current eligibility information refers to a clear credit history or CRB report. Speak to DTB about your circumstances before applying; approval is not guaranteed where there are unresolved defaults or adverse credit information.

Individuals should provide a completed application form, copy of ID or passport, KRA PIN, vehicle logbook copy, certified bank statements for the required period and any requested mobile-money statements. Salaried applicants should also provide payslips, an employment letter and certified account statements.

A company should provide its incorporation or registration certificate and PIN, directors’ identification and PIN documents, the latest CR12, memorandum and articles or constitution, and a copy of the vehicle or equipment logbook. DTB may request bank statements, a borrowing resolution, valuation, insurance and other business documents.

The loan amount is based on the lower of the financing supported by your repayment capacity and DTB’s approved percentage of the asset’s assessed market value. The Bank also considers the vehicle or equipment type, age, condition, ownership, credit history and existing financial commitments.

The current product information states an upfront fee of 2% of the loan amount and a 2% fee on new money for approved top-ups. Interest is determined through DTB’s risk-based pricing model. Ask for a written quotation showing the interest rate, all fees and taxes, insurance and tracking costs, instalment and total cost of credit before accepting the loan.

The repayment period may range from three to five years, with a maximum of 60 months, depending on the asset type and age, the loan amount and the approved facility terms.

Yes. Subject to approval, repayments may be structured monthly, quarterly, termly or through another agreed schedule aligned to the borrower’s verified income cycle. The final instalment plan will be set out in the loan offer.

DTB’s current product information indicates that application assessment and approval may be completed within 48 hours once all required documents are submitted. After approval, disbursement may take place within 24 hours after the NTSA joint-registration process is finalised. Timelines may vary and are not guaranteed.

DTB holds the original logbook and the vehicle is jointly registered in the names of the customer and the Bank until the loan is fully repaid. After settlement and completion of the required discharge process, the Bank’s interest can be removed from the logbook.

Yes. The asset should have comprehensive insurance from a DTB-approved underwriter, with DTB noted as financier, and the cover must remain valid throughout the loan. A tracking device and registration under the Movable Property Security Rights framework may also be required.

A top-up may be considered after at least 50% of the loan tenor has elapsed or 50% of the principal has been repaid, provided there have been no defaults exceeding 30 days during the previous 12 months. The asset will be revalued and the insurance, tracking and credit assessment updated.

Early settlement may be possible, but the applicable process and any fees should be confirmed in your loan offer. Ask DTB for an early-settlement quotation showing the outstanding principal, accrued interest, charges and the process for releasing the Bank’s interest in the logbook.

Yes. DTB Logbook Loan may be used to start or support a business, finance working-capital needs or fund capital expenditure, subject to credit approval and evidence that the proposed repayment plan is affordable.

Yes. The facility may support approved personal and social needs such as education, medical expenses, home improvements and other requirements. Borrow only an amount that can be repaid comfortably under the agreed terms.

Compare the total cost of credit rather than the advertised interest rate alone. Review the loan-to-value ratio, amount available, repayment term, instalment, upfront and monthly charges, insurance and tracking costs, approval time, eligible vehicle rules, early-settlement terms, top-up rules and the lender’s transparency. DTB offers up to 80% of eligible asset value, from KES 300,000 to KES 10,000,000, over up to 60 months, subject to appraisal.

Missing payments may lead to additional charges, adverse credit reporting and enforcement of the security. Because the vehicle or equipment secures the loan, DTB may repossess and sell it to recover the outstanding debt in line with the loan agreement and applicable law. Contact DTB immediately if you anticipate repayment difficulty.