Ngao Credit offering 3% discounted interest rate for its loan products during this Black Friday

Ngao Credit Black Friday: This year’s Black Friday is here with us. This is the biggest retail sales day for shoppers around the world. It is often regarded as the unofficial start of the holiday shopping season where you can grab some good deals on your favourite product or service. 

Black Friday is typically a day full of special shopping deals and heavy discounts and this day financial service provider Ngao Credit will also be taking part.

Through the Ngao Black Friday, the company will be offering a 3% discounted interest rate for all its loan products. This will run from the 23rd to the 7th of December. 

What this means is that if you have been looking for an import financing partner to import your dream car then this could be the right time to do so with the discounted rate. You can submit your application here.

You can also visit any Ngao offices in any of their seven branches across the country, including new Thika branch, sign the necessary documents accompanying the loan facility and you will be good to go.  The other branches are in Nairobi Upperhill and the Central Business District (CBD), Mombasa, Nakuru, Eldoret and Kitengela.

The same applies to SMEs especially now that the coronavirus pandemic is hitting the global economy hard. Ngao will also provide a 3% discounted interest rate for any loans they take. 

Ngao Credit says any loan application made after the closing date shall be charged an interest rate applicable for that loan in line with the Company’s internal policies. This interest rate will also only be applicable for loans with a repayment period over 13 months.

Ngao products and services include import financing for those wishing to purchase new vehicles, Jijenge loan product for SMEs. This product has been structured in such a way that SMEs settle the interest-only for the first two months and repay the principal plus interest in the third month with an interest rate of 10% per month.

Other products include auto-logbook loans that allow customers to borrow up to 60% of the value of their car in 6 hours and repay within a period of 24 months. 

Remember this 3% interest discounted interest rate shall be valid from the 23rd to 28th of November. 

Click here to submit your application or simply call 0709 650 000 for more details.

Follow us on TelegramTwitterFacebookYoutubeor subscribe to our weekly newsletter to ensure you don’t miss out on any future updates

Facebook Comments

[TechTrends Podcast] Connectivity in Africa ft Africa Data Centres MD Dan Kwach

Nixon Kanali

Tech journalist based in Nairobi. I track and report on tech and African startups. Founder and Editor of TechTrends Media. Nixon is also the East African tech editor for Africa Business Communities. Send tips to

Have anything to add to this article? Leave us a comment below

Back to top button