Individuals who can provide the required identification, income and vehicle documents may apply. DTB will assess verified income, bank statements, existing debts, credit history, the selected car and the applicant's ability to meet the proposed repayments.

No. DTB states that passenger car financing is available to both DTB and non-DTB customers. A non-DTB applicant should provide the latest eight months of certified bank statements and complete the bank's onboarding, KYC and credit-assessment requirements.

Yes, a salaried individual can apply for a car loan in Kenya with DTB Kenya. The applicant should provide the latest three months of payslips, a letter of employment, identification documents, the required bank statements and the car dealer's pro forma invoice or seller's asset sale agreement.

The current webpage is for individual applicants but only lists the additional documents required from salaried applicants. Self-employed applicants should contact DTB to confirm the business-income, registration, tax and bank-statement documents required for assessment before selecting a vehicle.

The maximum is linked to the approved percentage of the vehicle value: up to 100% for a qualifying new car and up to 80% for a qualifying used car. The existing DTB FAQ refers to facilities generally not being lower than KES 300,000 as an industry practice, but the official minimum, maximum and approved amount should be confirmed with DTB.

A qualifying new passenger car may receive up to 100% financing, subject to appraisal. This may reduce or remove the purchase-price deposit, but it does not automatically mean there will be no upfront costs because insurance, valuation, tracking, registration, fees and taxes may still apply, and DTB may approve a lower financing percentage.

DTB offers up to 80% financing for a qualifying used car, so an applicant may need to contribute at least the difference between the approved facility and the purchase price. The required contribution can be higher after valuation or appraisal, and you should also budget for insurance, fees and other related costs.

Yes. DTB provides used car financing of up to 80% for qualifying vehicles, with repayment of up to 60 months. The car must meet the bank's age, valuation, ownership, condition and credit-appraisal requirements, and a copy of the logbook is required.

The current DTB product page states a maximum vehicle age of eight years for used vehicles. Ask DTB to confirm how the age is calculated and whether the car must remain within a specified age limit at the end of the proposed loan term.

The published repayment period is up to 72 months for a qualifying new car and up to 60 months for a qualifying used car. The approved tenure may be shorter depending on the car's age and value, your income, existing obligations and DTB's credit assessment.

Prepare copies of your national ID and KRA PIN, the latest eight months of certified bank statements if you are a non-DTB customer, a dealer pro forma invoice or seller's asset sale agreement, and a completed Hire Purchase application form. Salaried applicants should also provide three months of payslips and a letter of employment.

The current requirements accept a pro forma invoice or an asset sale agreement from the dealer or seller. A car bought from a private seller will still need to meet DTB's ownership, valuation, logbook, age, condition and documentation requirements before financing can be approved.

Vehicle valuation may form part of the assessment, particularly for a used car, and valuation fees are listed among the possible facility costs. The valuation helps DTB confirm the car's market value, condition and the financing amount it can consider.

DTB describes its car-finance rates as competitive, but the actual interest rate is confirmed after appraisal. The total cost may include interest, a processing fee, valuation, comprehensive insurance and renewals, tracking, credit-life insurance, registration or logbook costs, taxes and other approved charges. Request a written cost-of-credit breakdown before accepting the facility.

The monthly instalment depends on the amount financed, interest-rate basis, repayment period and any costs included in the facility. Use a loan calculator only as an estimate, then ask DTB for an official repayment schedule showing the instalment, total interest and applicable charges for the car you want to buy.

The existing DTB FAQ indicates approximately 48 to 72 hours where an individual application is complete. This is an indicative timeline rather than a guarantee, and valuation, document verification, credit checks or missing information may extend processing.

DTB will consider verified income and cash flow, bank statements, existing loans, credit history, repayment track record, the vehicle's value and age, your contribution, insurance and the completeness of the application. Meeting the published requirements does not guarantee approval or the maximum financing percentage.

Every application is subject to DTB's credit appraisal and responsible-lending criteria. Existing arrears, high debt commitments or an adverse repayment history may affect eligibility, the amount offered or the terms. Review your credit position, disclose current obligations accurately and discuss your circumstances with DTB before applying.

The financed car and its logbook are the primary security for the facility. DTB retains custody of the logbook until the loan is fully settled, an insurance claim is completed or the vehicle is disposed of through an approved process. Additional security may be requested after appraisal.

Yes. You may use the financed passenger car for the approved purpose while keeping repayments up to date, maintaining the required insurance and meeting the facility, licensing and maintenance obligations. Discuss any material change in the car's use with DTB first.

A financed vehicle will normally need comprehensive insurance that meets the facility conditions. DTB states that eligible applicants may enquire about Insurance Premium Financing, which can spread an approved annual premium over a separate repayment period. Confirm the required cover and premium-finance terms before purchase.

The existing DTB FAQ states that there is no early-settlement penalty and that early repayment can reduce future interest. Ask DTB for an official settlement figure before paying because it will show the outstanding principal, accrued interest and any applicable charges under your facility terms.

You may submit another application if your income, repayment record and overall ability to service additional debt remain satisfactory. DTB will reassess affordability, existing obligations and the proposed vehicle before approving another facility or any top-up arrangement.

Do not sell or transfer a financed car without DTB's approval. Notify the bank so the outstanding amount can be confirmed, the car can be valued where required, sale proceeds can be applied to the facility and any shortfall can be settled before the logbook is released.

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

Contact DTB as soon as you expect difficulty making a payment. Any restructuring is subject to assessment and approval. Repossession or auction does not automatically clear the debt; you may remain liable for any outstanding balance, default interest and permitted recovery costs after sale proceeds are applied.

Passenger car financing helps you purchase a new or used car, with the vehicle being acquired serving as security. A logbook loan is generally used to borrow against a vehicle you already own. Choose passenger car financing when you need funds to buy a car and DTB Logbook Loan when you want to access credit against an eligible existing vehicle.

Compare the total cost of credit, interest-rate basis, deposit required, financing percentage, repayment period, eligible vehicle age, processing and valuation fees, insurance and tracking costs, early-settlement terms and monthly affordability. DTB publishes up to 100% financing for qualifying new cars and up to 80% for used cars, with terms of up to 72 and 60 months respectively, subject to appraisal. The best option is the one you can repay comfortably after considering the full cost of owning the car.

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