Mogo Logbook Loan

Mogo Uganda (SMC Ltd)

Keep Driving Your Car While Accessing Funds

Mogo Logbook Loans allow you to use your vehicle as collateral while continuing to drive it. Get quick access to funds with 24-hour approval and flexible repayment terms.

About Mogo Logbook Loan

Mogo Logbook Loan is a secured vehicle loan that allows you to use your car's logbook as collateral while continuing to drive your vehicle. This loan product is offered by Mogo Uganda, a subsidiary of Eleving Group, which specializes in vehicle financing solutions.

With quick 24-hour approval and flexible repayment terms, Mogo Logbook Loans provide a convenient way for vehicle owners to access funds for various needs, including business expansion, education expenses, home improvements, or emergency financial needs.

Interest Rate

2.4% per month (flat) (~28.8% p.a.)

Loan Amount

UGX 2,000,000 - 37,000,000

Loan Tenure

6-60 months

Processing Fees

Credit insurance, CRB, appraisal fees

Key Features

Continue driving your car during the loan term
Quick 24-hour approval process
Fixed interest rate throughout the loan term
Flexible repayment terms (6-60 months)
No need to sell your vehicle to access funds
Loan amount based on vehicle value (typically 50-70%)

Important Notice

While logbook loans allow you to keep driving your vehicle, failure to repay the loan may result in repossession of your vehicle. Ensure you have a reliable source of income to meet the monthly repayments before applying.

Contact Information

Head Office

Plot 38, Lumumba Avenue, Kampala, Uganda

Phone

+256 414 231 912 / +256 700 800 900

info@mogo.co.ug

Website

www.mogo.co.ug

Working Hours

Monday to Friday: 8:00 AM - 5:00 PM

Saturday: 9:00 AM - 1:00 PM

Need Help?

Have questions about Mogo Logbook Loans? Our team is ready to assist you.