Platinum Credit Limited is a credit only Micro-Finance Company licensed in Kenya under the Company’s Act. The company was founded in 2003 with a vision to provide emergency loans to Civil Servants, TSC members, and employees of selected companies. Platinum credit delivers cash in 24hours, with minimum bureaucracy and swift customer service.
Platinum credit has continued to grow every year to become a major regional player with a thriving presence in Kenya, Uganda, and Tanzania. In the region, Platinum credit employs over 1000 dedicated staff serving more than 80,000 customers. Platinum credit offers a wide range of products the latest being Personal Loans to individuals employed within selected companies and Log Book Loans to those who own a vehicle and have a logbook.
Platinum credit Logbook Loans
The Log Book Loan is a loan that is secured against the value of your car. This loan can be used for any purpose and is ideal for people looking to expand their business, foray into new ventures or supplement the working capital cash flow deficits.
All Log Book Loans are subjected to a loan appraisal process. Once a loan has been approved the loan will be disbursed within 24 hours, either Via Mpesa, cheque or to a bank account.
Who Qualifies for Platinum credit Logbook Loans
Anyone who owns a private, commercial or passenger service vehicle.
Loans can be secured against more than one motor vehicle at the same time.
- Loan Application Requirements
- Clear copy of original ID.
- Certified Bank statements for the last six months.
- Copy of KRA Pin.
- One recent colour passport sized photographs
- Original Vehicle Logbook
- Valid Comprehensive Insurance cover.
- Certificate of Incorporation / registration. (For Business owners only)
- Personal cheque book.
- Latest 3 months pay slips (For Salaried Employees Only)
- Employment card /employment contract letter (For Salaried Employees Only)
Term
Repayment period ranges from 1 to 12 months.
There are no penalties for settling your financial liability before the end of your contract term.
Amounts
Minimum loan amount: Ksh. 50,000
Maximum loan amount: Ksh. 2,000,000
Our Promise:
Cash in 24 hours
Platinum credit Civil Servants Loans
The Civil Servant Loan is a facility which has been specially developed to meet the financial needs of all civil servants.
All Civil Servant Loans are subjected to a loan appraisal process. Once a loan has been approved the loan will be disbursed within 24 hours, either Via Mpesa or to a bank account.
Who Qualifies?
The Civil Servant Loan facility is suitable for all civil servants. This includes; TSCK members and County Government employees.
Loan Application Requirements:
- Clear copy of Original I.D.
- One colour passport size photo
- Original current payslip
- Copies of previous two months payslips
- ATM card current mini-statement
- Copy of three months’ Mpesa statements
Terms and conditions apply
Term:
Repayment period ranges from 6 months to 60 months
Amounts
Minimum loan amount: Kshs.5,000
Maximum loan amount: Kshs.650,000
Our Promise
Cash in 24 hours
Calculate Loan Repayments and Apply
Platinum credit Personal Loans
The Personal loan also called the private loan is a credit facility available for personal use. This loan can be used for any purpose, for example; medical bills, school fees, household expenses or even emergency support.
Who Qualifies?
Employees of private sector companies including financial institutions.
Loan Application Requirements
- Clear copy of original ID.
- Latest three months pay slips.
- Post dated cheques or duly completed direct debit authorisation form.
- Employment contract.
- One recent colour passport sized photograph.
- Current three months certified bank statements.
Terms and conditions apply.
Term
Repayment period ranges from 1 months to 12 months
Amounts
Minimum loan amount: Kshs.20 000
Maximum loan amount: Kshs.500 000.
Our Promise:
Cash in 24 hours
Platinum credit Import Duty Finance
- This is a short term loan facility meant to clear port charges on behalf of importers of motor vehicles, in order to facilitate faster settlement of duty charges at Kenya Revenue Authority (KRA) and other bodies to avoid demurrage.
- All Import Finance Loans are subjected to a loan appraisal process. Once a loan has been approved the loan will be disbursed within 24 hours via Banker’s Cheque
- This facility may be converted to a Log Book Finance facility at the expiry of one month, if the customer so wishes.
Who Qualifies?
Anyone who imports a motor vehicle.
Requirements:
- Bill of Lading
- Invoice
- Export Certificate (Japanese Logbook)
- Inspection Certificate (Jevic)
Term
It is a facility that runs for a period of 1 Month.
Platinum credit Landlords Loans
Landlord Loans are taken against rental income. Eligible properties can be either commercial or residential.
Who Qualifies?
Landlord Loans are suitable for anyone who owns a rental income generating property.
Loan Application Requirements:
- Original National ID
- Copy of KRA PIN
- Bank statements for the last six months
- Original 1 Passport Size Photo
- Latest 12 months’ Payment Vouchers from Property Agent
- Copy of Agency Contract
- Latest electricity /water bill for the property
- Property Search Report stamped by authorized mandate.
Terms and conditions apply.
Term:
Repayment period ranges from 3 months to 12 months
Amounts
Minimum loan amount: Kshs. 50, 000. Maximum loan amount: Kshs. 2,000, 000.
Our Promise:
Cash in 24 hours. Calculate Loan Repayments and Apply
Platinum credit Contacts
Call Centre
Head Office
Official phone numbers – 0709 900 000 | 0730 900 000 (customer care/call center)
Head office landline – 020 224 7950
Mobile phone numbers:
1. Safaricom (0706 644 442)
2. Airtell (0786 310 001)
Email Address
online@platinumcredit.co.ke for sales and new customer enquiries. Alternatively for a free quote you can click here to submit your details.
feedback@platinumcredit.co.ke for existing customer account enquiries and customer service.
careers@platinumcredit.co.ke for enquiries about jobs and job vacancies.
info@platinumcredit.co.ke for administration enquiries that do not relate to customer accounts. For customer account enquiries please use emails above.
Physical Address
International Life house, Mezzanine Floor, P.O Box 73304- 00200, Nairobi.