DT Dobie

I&M Bank has entered into a partnership with DT Dobie to finance purchase of new Mercedes Benz vehicles for personal use. The details of this scheme are as seen below:

Terms & Conditions

 Eligibility I&M Bank Clients and non – clients
 Tenor Maximum Period of 60 months
 Finance Amount Upto 90% of the total cost of the unit
 

Interest

KES: Prevailing CBR rate plus a margin of 4% p.a (Current CBR Rate is 9% p.a).

EUR: 3 Month EUR LIBOR + 9% p.a.

 Age Brand new Mercedes Benz vehicles and which includes demo cars
 Repayment Monthly installments to be debited direct from client’s operative account with I&M Bank.
 Other Costs Loan processing fee: 0% (Courtesy of DT Dobie and I&M Bank Ltd)
 Insurance To be processed by I&M Insurance Agency at a premium rate of 3%.
Insurance premium finanacing available at competitive rates.

Credit approvals are based on individual credit assessment and as per Bank Hire Purchase requirements.

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