Nzema Manle AutoSave and Loan Account

Designed for drivers (business or private individual) who want to own their own vehicles and

also vehicle owners who simply want to replace engines or do complete repairs/overhauling of their existing vehicle.

Requirements

  • Completed application form to be filled by beneficiary
  • Proof of identity
  • Proof of salary
  • Pro-forma invoice from vendor
  • Car ownership documents (i.e. Customs declaration form, purchase Tax receipt and CEPS duty receipt)
  • VELD form C signed in blank by the customer together with passport size picture
  • STC valuation report (in case of used vehicles)
  • Loan repayment duration is 36 months
  • Comprehensive insurance with Nzema Manle Rural Bank noted as the lost payee

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