Watu Credit Motorbike Loans in Kenya

Watu Credit is an asset financing company that operates in more than five African countries. Its main goal is to shape a brighter and better future for people.

Get a quick and simple Motorbike loan with Watu Credit and begin earning today in Kenya. With a minimum down payment of Ksh. 20,000, Watu Credit offers clients quick and accessible motorcycle loans with payment terms of up to 24 months.

In order to achieve this, Watu has partnered with booming brands like Haojin, Ampersand, Honda, Bajaj, Skygo, Yamaha, TVS, Piaggio, Lifan, and Jincheng to provide affordable Motorbike loans financing for two- and three-wheelers.

Why choose Watu Credit?

1. Your loan comes with insurance.
2. They offer GPS tracking services.
3. Your loan application takes up to 2 hours to get approved.
4. Repayment up to a 24-month period
5. No extra charges

Terms and requirements for Motorbikes loan applications

• One guarantor aged 20–65 years old
• An original ID for both the guarantor and the loanee
• KRA PIN certificate
• A minimum down payment of 20,000 Kenyan shillings for a Boda Boda
• An active Safaricom number that has been registered by M-Pesa
• Two referees

Ready to get started? Here is how:

Step 1: Visit the nearest branch close to you.

Watu has over 400 authorized dealers within the country. Therefore, at least every city has a branch. Alternatively, on your browser, visit their website, where you will be guided to the nearest branch in your location.

Step 2: You will be guided to pick a suitable asset.

According to your requirements, you will be provided with the two-wheeler of your choice. You must, however, meet the requirements by providing the required documents, which should not be falsified.

Step 3: Pick a preferred repayment plan and sign the agreement.

The agreement basically covers the security of the loan. This implies what will happen if one is unable to repay the loan. In this case, Watu is allowed to claim their vehicle if the contract is terminated. You will pick a suitable payment method, whether weekly or monthly.

Weekly payments are subject to:

• Bike model
• Down payment amount
• Loan

Step 4: Ride away with your motorbike

Begin working right away on your new Boda Boda. You will have full ownership of the device once the loan has been fully repaid.

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Frequently Asked Questions (FAQ)

1. How do I check my Watu credit balance via SMS?

This can be done by dialing “*876″ on your mobile and following the laid-out procedure. Note that standard charges may apply. The service can be accessed any time during the day or night.

1. How do i pay my Watu credit loan?

No cash is acceptable for weekly payments. Payments are done through the official Watu pay bill number 650880.

2. What is Watu helpline?

To contact Watu, use the following mobile numbers: 0790000999, 0719111000 (for emergencies).

3. What is meant by the term “vehicle”?

Vehicle refers to the motorbike or three-wheeler that has been purchased using the loan.

4. What is the loan security?

The purchased motorcycle acts as security for the loan. In case of destruction or you are unable to finish payment, Watu is legally authorized to confiscate their vehicle.