Get the Funds You Need with Our Logbook Loans in Uganda
Flexible, fast, and tailored to your needs
What Are Logbook Loans?
Afroteller Logbook Loans in Uganda offer a straightforward way to secure the funds you need. Use your vehicle as collateral while still retaining the ability to drive it. Whether you need to finance a major purchase, pay taxes or cover unexpected expenses, this loan is designed to help you achieve your goals quickly and with ease.
Requirements for the Afroteller Logbook Loan
To qualify for a Logbook Loan, please ensure you meet the following criteria and have the necessary documents ready when applying.
Valid ID
A government-issued ID, such as a driver's license, passport, or national ID card
Proof of Income
Bank statements, Mobile money statement, appointment letter for salary earners or business financial statements to demonstrate your ability to repay the loan.
Vehicle Ownership
A valid logbook (vehicle registration document) showing you as the owner.
Vehicle Condition
The vehicle must be in good working condition and free of any existing liens, caveat or encumbrances.
Loan Guarantee
You need 2 reputable loan guarantors to recommend you for the loan appraisal.
Loan Fees
Evidence of payment of loan fees including caveat fees,logbook search fees and car tracking fees when the loan is approved
Key Features of Logbook Loans at Afroteller Uganda
Eligibility
Open to vehicle owners with a valid logbook
Interest Rates
Competitive rates starting from 5% with no hidden fees
Loan Amount
Borrow between UGX 2,000,000 and UGX 50,000,000 depending on your vehicle's value.
Repayment Terms
Flexible repayment terms from 6 to 24 months
How to Apply for Logbook Loans
Submit Your Application
Fill out our easy online application form with your details and the loan amount you need. The form only takes a few minutes to complete. You can also choose to pass by our office
At this stage, We seek to thoroughly understand more about you, your sources of income, car details, credit ratings and other important metrics we use to facilitate our loan process.
After 48 hours of application and due diligence, if there are no glitches in your file, the loan is instantly approved.
The funds are accordingly credited into your account after approval.
Why Choose Our Logbook Loans?
- Quick access to funds using your vehicle as collateral.
- No need to park or sell your car—keep driving while you repay.
- Transparent terms with no hidden fees.
- Flexible repayment plans tailored to your budget.
- Friendly customer support every step of the way.
Still have more questions?
Our approval process is fast, typically within 24 hours.
To apply for the Afroteller logbook loan in Uganda, ensure you have the following requirement:
- National ID or Passport
- Source of Income (Salary or Business)
- Proof of car ownership with a logbook
- 2 passport photos
- Filled up loan application form
- 6 Months bank or mobile money statement
- 2 loan guarantors
- Loan application and due diligence fees.
Yes, early payment is very much welcome
We restructure your loan according to your future financial prospects.
No, we don’t park your car. You continue driving your car as you pay.