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Auto Logbook Loan

HomeAuto Logbook Loan

This product enables you to get a loan using your vehicle as security. Once the loan is disbursed, the log book is kept by Samchi Credit Limited and is transferred back upon repayment of the loan. The maximum amount of the loan that can be borrowed is 50% value of the car. This loan is payable in a maximum of 12 months with an interest rate of 5% per month.

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