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Ngao Credit is offering a reduced interest rate of 3% for its loan products this Black Friday


Ngao Credit Black Friday: This year’s Black Friday is here with us. It’s the biggest retail day for buyers around the world. It is often seen as the unofficial start of the holiday shopping season where you can grab a bargain on your favorite product or service.

Black Friday is Usually a day full of special buy offers and big discounts and on that day financial service provider Ngao Credit will participate as well.

Through the Ngao Black Friday, the company will offer a reduced interest rate of 3% on all of its loan products. This will take place from December 23 to 7.

This means that if you are looking for an import finance partner to import your dream car, now might be a good time to do so with the reduced rate. You can submit your application here.

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

The same goes for SMEs, especially now that the The coronavirus pandemic is hitting the global economy hard. Ngao will also offer a reduced interest rate of 3% for any loans they take out.

Ngao Credit indicates that any loan application made after the closing date will be charged at the applicable interest rate for that loan in accordance with the internal policies of the company. This interest rate will also be applicable only for loans with a repayment term of more than 13 months.

Ngao’s products and services include import finance for those wishing to purchase new vehicles, Jijenge loan product for SMEs. This product has been structured so that SMEs pay interest only for the first two months and repay principal plus interest on the third month with an interest rate of 10% per month.

Other products include road log loans which allow customers to borrow up to 60% of the value of their car in 6 hours and repay within 24 months.

Remember this The discounted interest rate of 3% is valid from 23 to 28 November.

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

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