Bernard Wasike an electrical engineer at Chargenet Kenya plugs in a car at an EV charging station at ABC Place, Waiyaki Way, Westlands on September 14, 2021.
The facility which also covers both private and public service vehicles will see customers access up to 80 per cent financing for up to five years.
The lender will charge customers 10 per cent interest on the loans on a reducing balance basis for electric vehicle loan applications received within the first 90 days.
NCBA Bank has launched a multi-billion shilling electric vehicle financing scheme for its customers to capitalise on a shift towards e-mobility.
The bank’s Group Director, Asset Finance and Business Solutions, Lennox Mugambi said the facility that also covers both private and public service vehicles will see customers access up to 80 percent financing for up to five years.
