Hakki Uber Car Finance: Product Details & How to Apply

Rates available from as of 1st April 2021
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Hakki Car Finance

Uber Car Finance
Easy Apply
Amount
Up to 90% of vehicle, max 850k
Duration
1 month - 3.5 years
Interest Rate
Total Cost Including Institution's Other Fees
3.16% per month
Typically approved within 6 hours
visit website
Easy Apply

Loan Type

Car Loan

Loan Cost

  • Maximum Monthly Interest: 3.16%
  • Processing Fee: ksh20000(loans below 150k) ksh30000 (for loans above 150k)

Loan structure

  • Type: Secured
  • Interest structure: Reducing balance

Representative Example of Loan Costs:

  • Example Loan Amount: Ksh100,000
  • Example Loan Tenure: 12 months
  • Representative APR: 37.2%
  • Application fee: ksh20,000
  • Total Loan Repayment Amount: Ksh167,088
  • Monthly Loan Repayments: Ksh13,924

Loan  Details

  • Car Age: 10 years
  • Car Mileage: less than 150k KM
  • Minimum tenure: 1 Month
  • Max tenure: 42 Months
  • Min Amount: ksh100,000
  • Max amount: ksh850,000
  • Repayment Frequency: Monthly

Documents

  • KRA Pin
  • ID
  • 8 weeks earnings on Uber, Bolt, Little
  • 6 months Mpesa statements
  • 6 Months Bank statements
  • Employment letter
  • Detailed physical address
  • Original Logbook

Money254 Review

Pros

  • Long repayment period of 42 months
  • Deposit of Only ksh100k required

Cons

  • Has has to have less than 150k Km
  • One has to be an existing taxi driver with a good record

See other Auto Loans available in Kenya on Money254

Whether you’re looking to keep business moving, support your hustle, or get your dream car, we are here to help you find the best car loan for your circumstances today.

See all Auto Loans on Money254

Hakki Uber Car Finance is financing given to Uber/Bolt/Little cab drivers in Kenya. They offer car financing of 85% of the car’s market value.

Who is Eligible for Hakki Uber Car Finance?

Hakki Uber Car Finance Security/Collateral 

Hakki Uber Car Finance Limits and Interest Rates

Total Upfront Fees

Hakki Uber Car Finance Finance Interest Structure

Estimated Total Minimum and Maximum Monthly Cost of Hakki Uber Car Finance

How to Apply for Your First Hakki Uber Car Finance

How to Make Hakki Uber Car Finance Repayments

Contacts

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