Do you want to either buy a new car or replace an old one? Or you are simply looking for an upgrade but you don't have enough money to do so.
Michuma has got just the right financial solution for you! We have access to multiple banks and financial institutions to make car financing easier and convenient.
Qualifications for a car loan:
- A valid National Identity Card or Passport
- A steady source of income (Employed or Self-employed)
- If you are self-employed you must show proof of business e.g copies of business license, receipts, invoices etc.
- Consecutive bank statements preferably of at least 6 months
- If you are employed you are required to provide your latest pay slips of 3 months
- Car valuation report (Requirements depend on a specific bank)
- You must be ready to provide a copy of sale agreement or log book.