Hakki Import Car Finance: Product Details & How to Apply

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Good for people with good credit who do not want to pay upfront fees
Hakki Car Finance
Import Car Finance
Loan Amount
Up to 90% of Total estimated cost
Loan Period
3 months - 5 years
Interest Rate
Total Cost
(incl fees)
1.9% - 2.5% per month
Product Details
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Loan Cost

  • Minimum Monthly Interest :1.9%
  • Maximum Monthly Interest: 2.5%
  • Processing Fee: ksh30,000 for loans above ksh150,000

Loan structure

  • Type: Secured
  • Interest structure: Reducing balance

Loan  Details

  • Car Age: 8 years
  • % Financed: 60 - 90% of Total Estimated Cost
  • Minimum tenure: 1 Month
  • Max tenure: 60 Months
  • Min Amount: ksh100,000
  • Max amount: No Cap
  • Repayment Frequency: Monthly
  • Early repayment: Allowed, not charged

Documents

  • KRA Pin
  • ID
  • 6 months Mpesa statements
  • 6 Months Bank statements
  • 6 months payslips if employed
  • Employment letter
  • Detailed physical address
  • Bill of lading
  • Jevic
  • Japanese Logbook
  • Commercial Invoice
Our Review
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Pros

  • Will Finance up to 90% of Total Estimated costs

Cons

  • Takes 3 months to get the car
  • CRB status checked
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Hakki Import Car Finance is financing given to individuals who wish to purchase a personal/ private use vehicle.

Hakki Import Car finance offers car financing for 90% of the overall cost of the vehicle (i.e., the whole cost of importing the car, clearing, and paying duty), thus the client will be responsible for the 10% deposit to expedite the end-to-end procedure.

Who is Eligible for Hakki Import Car Finance?

Hakki Import Car Finance Security/Collateral 

Hakki Import Car Finance Limits and Interest Rates

Total Upfront Fees

Hakki Import Car Finance Finance Interest Structure

How to Apply for Your First Hakki Import Car Finance

How to Make Hakki Import Car Finance Repayments

Contacts

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Money254 strives to provide relevant and accurate product information, which Money254 obtains directly from each institution’s tariff guide. If you believe a product’s details are incorrect, please report the product to Money254.

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