DT Dobie Kenya and I&M Bank have entered into an asset financing deal targeting the Bank’s Premium customers and non-customers.
The deal will see the I&M Bank offer up to 90 per cent financing for the motor company’s brand new Mercedes Passenger vehicles.
Under this financing agreement, customers will have an extended repayment period at competitive interest rates. In addition, the Bank through the Bancassurance arm will provide an enriched comprehensive motor insurance package.
The Bank will further provide discounted insurance premium financing (IPF) for this Asset Financing option, aimed at easing the burden to make lump sum insurance premium payments in affordable monthly instalments.
DT Dobie is the authorized dealer in Volkswagen, Mercedes-Benz passenger and commercial vehicles in Kenya.