DriversRecommendedOutdated drivers can make a good PC feel brokenScan driver issues before chasing fixes manually.Scan NowHalloween DealsAmazon USHalloween week deals: useful picks before month-endAmazon US: current deals, useful picks and tech finds.Check DealsPC HealthRecommendedCrashes, freezes, slowdowns? Check your PC nowSpot repairable issues before they interrupt work.Check PC×
Get listed

car finance6 MIN

SBM Bank’s Jetour loan requires a 5% deposit while Absa and Equity are reported at 100% financing

SBM’s Jetour agreement requires an implied 5% purchase-price contribution, while reports describe Absa and Equity at up to 100% financing. Here is what is confirmed and what buyers must verify.

By CarCody Team

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Some links on this page are affiliate links: if you buy through them we may earn a commission, at no extra cost to you.

SBM Bank’s 26 October 2026 Jetour arrangement finances up to 95% of the vehicle price, so the buyer contributes an implied 5% deposit before other approved costs. The facility covers the Jetour Dashing, X70 Plus, T1 and T2, with repayment available for up to 72 months; comprehensive motor insurance is included and SBM says it can finance the insurance premium. Reports published on 27 October describe Absa and Equity offers as financing up to 100%, but Equity’s own 15 September partnership announcement does not publish a Jetour-specific percentage. A zero-deposit headline does not establish the cheapest loan: the interest basis, fees, insurance treatment, term and total repayment must be compared in a dated written quotation.

What did SBM Bank announce for Jetour buyers?

The agreement between SBM Bank Kenya and Global Motors Centre, reported by The Star on 26 October 2026, sets a maximum financing level of 95% for new Jetour SUVs. Global Motors Centre is identified in that report as Jetour’s official distributor for the arrangement.

As an Amazon Associate I earn from qualifying purchases.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
  • Jetour Dashing
  • Jetour X70 Plus
  • Jetour T1
  • Jetour T2

The repayment period can extend to 72 months. Comprehensive motor insurance is part of the arrangement, and SBM will finance the insurance premium rather than requiring the buyer to pay that premium separately at the outset. The target customers are individuals, professionals, business owners and companies.

Because the bank will finance no more than 95% of the purchase price under this Jetour agreement, the buyer’s purchase-price contribution is 5%. That is an arithmetic implication of the ceiling, not a separately published fee. The actual cash needed at signing can be higher if the approved quotation adds processing, valuation, tracking, insurance or other charges outside the financed vehicle amount.

Popular on Amazon
BHYDRY 1:24 Diecast SUV Car, Pull Back Car Model with Sound & Light (Black) | Realistic Alloy Vehicle Toy wtih Openable Doors, Hood and Trunk, Collectible Gift for Adults and Kids Boys 3+
  • 【Perfect size】8.5 inch x3.5 inch x3.4 inch.1:24 Scale Diecast Model Car with exquisite color translucent packaging box.
  • 【car models Function】Pressing the two wheels of the front car triggers the sound and light of the engine and front and rear lights, all doors and trunk can be opened. No batteries needed, just pull it back, then release your hand, the car can run a long distance.
  • 【Collectible piece and decoration】 Toy car is very suitable for children to play and is also very suitable for car model enthusiasts to collect as a decoration. Very sturdy, fine workmanship.
  • 【High-Quality Alloy Material】Die-cast model cars, made of zinc alloy, with plastic parts, rubber tires.The details of the body interior are realistic.
  • 【Great gift 】This amazing car model can be gifts for boys age 3+ years old for Birthday, Christmas, New Year.

How much is the 5% Jetour deposit in Kenya?

Calculate the implied deposit by multiplying the vehicle’s invoiced purchase price by 0.05. For example, a quotation priced at KES 3,000,000 would produce a KES 150,000 purchase-price contribution at the 5% level; the final amount payable could be higher once non-financed charges are added. Use the dealer’s pro-forma invoice, not an advertised starting price, because the percentage applies to the approved purchase price.

SBM’s 95% figure is a maximum. Individual underwriting can result in a lower approved percentage, which increases the buyer’s contribution. Ask the bank to state both the approved percentage and the exact cash amount in writing.

What’s actually slowing this PC down?

Pick the symptom - the matching free tool is one click away.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Which banks are reported to offer 100% Jetour financing?

Kenya Breaking and Kenyan Mirror reports dated 27 October 2026 describe Absa and Equity as offering up to 100% financing for the same Jetour models. Treat those percentages as contemporaneous reporting rather than fully primary-verified terms: a targeted search did not identify an Absa Kenya primary Jetour page, and Equity’s official 15 September announcement confirms the partnership without publishing a Jetour-specific financing percentage.

Also popular on Amazon
1/32 Toy Car, Collectible Pull Back Car Model with Light and Sound (Black) | Alloy Diecast Collectible Car Model, Toy Car Vehicles for Adults Boys Girls Gift, Ornament & Decoration
  • Package size:7.09*3.43*3.55inch,package weight:0.68prounds,outer packing: exquisite color translucent packaging box.
  • Premium Quality & Safety:The Die-cast car model pull back Toy Cars is made of alloy materials, rubber tires, which is high quality and performance, which can be used safely by children.
  • Function: Engine sound and light. Press the two wheels of the front car to trigger the engine sound and lights, and open the door to trigger the lights of the front and rear lights.
  • Ideal gift: Metal car is very suitable as birthday,Christmas gift,party decoration and cake decoration.
  • Interesting pull back car: Put the car on the ground, press and hold the car body, then pull back, it will drive forward. Very funny.
Lender and source position Vehicle financing and buyer contribution Interest-rate basis Fees and insurance Maximum term Eligibility and documents Other decision terms
SBM Bank Jetour arrangement (reported 26 October 2026) Up to 95%; 5% purchase-price contribution implied Not stated in the Jetour announcement. SBM’s general 2026 auto-loan page lists bank base rate +3.1% a year on a reducing balance for new units; confirm that it applies to Jetour. Comprehensive insurance included; premium can be financed. Jetour-specific processing, valuation, tracking and credit-life charges are not stated. The general page lists a 1.5% processing fee. Up to 72 months Individuals, professionals, business owners and companies. General SBM requirements include an application form, CRB status, minimum net pay of KES 15,000, three latest payslips, 12 months of consistent income, ID and PIN, 12 months of bank statements and a dealer pro-forma invoice. Approval timing, early-settlement charge, security or logbook treatment and total repayment are not stated for the Jetour facility.
Absa (27 October 2026 reports) Reported up to 100%; no purchase-price contribution reported Not stated in the cited Jetour reports Not stated in the cited Jetour reports Not stated in the cited Jetour reports Not stated in the cited Jetour reports Obtain current primary documentation before relying on the 100% figure.
Equity (27 October 2026 reports; official partnership announcement 15 September 2026) Reported up to 100%; Equity’s announcement does not publish a Jetour-specific percentage Not stated in the cited Jetour reports or official announcement Not stated in the cited Jetour reports or official announcement Not stated in the cited Jetour reports or official announcement Partnership confirmed by Equity; Jetour-specific approval requirements are not published in the cited announcement Request a dated offer showing the approved percentage and total repayment.

Is SBM cheaper than Absa or Equity?

You cannot determine that from the deposit alone. A 100% facility removes the initial purchase-price contribution but can still cost more overall if its interest rate, processing charge, insurance premium, mandatory tracking, credit-life cover or longer term is higher. Conversely, paying 5% upfront may reduce the amount on which interest accrues without guaranteeing a lower monthly instalment.

Compare each lender on the same Jetour model, invoice price and repayment period. Require the quotation to show the annual interest basis (including whether it is a reducing-balance rate), every one-time and recurring charge, the insurance premium and whether that premium is financed, the monthly instalment, the total amount repaid, and the cost of settling early.

What does SBM’s general auto-loan information add?

SBM’s 2026 general auto-loan page advertises up to 100% financing, a new-unit rate of bank base rate plus 3.1% per year on a reducing balance, a 1.5% processing fee and a 60-day repayment moratorium. Those are general auto-loan benchmarks, not confirmed Jetour-specific terms, so the Jetour quotation must prevail.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Also popular on Amazon
BHYDRY 1:24 Diecast SUV Car, Pull Back Car Model with Sound & Light (Blue) | Realistic Alloy Vehicle Toy wtih Openable Doors, Hood and Trunk, Collectible Gift for Adults and Kids Boys 3+
  • 【Perfect size】8.5 inch x3.5 inch x3.4 inch.1:24 Scale Diecast Model Car with exquisite color translucent packaging box.
  • 【car models Function】Pressing the two wheels of the front car triggers the sound and light of the engine and front and rear lights, all doors and trunk can be opened. No batteries needed, just pull it back, then release your hand, the car can run a long distance.
  • 【Collectible piece and decoration】 Toy car is very suitable for children to play and is also very suitable for car model enthusiasts to collect as a decoration. Very sturdy, fine workmanship.
  • 【High-Quality Alloy Material】Die-cast model cars, made of zinc alloy, with plastic parts, rubber tires.The details of the body interior are realistic.
  • 【Great gift 】This amazing car model can be gifts for boys age 3+ years old for Birthday, Christmas, New Year.

The same page lists these application items:

  • Completed application form and CRB status
  • Minimum net pay of KES 15,000
  • Three latest payslips and evidence of 12 months’ consistent income
  • National ID and PIN
  • 12 months of bank statements
  • Dealer pro-forma invoice

Ask whether any requirement changes for a company or self-employed applicant, and whether the 60-day moratorium is included in the Jetour agreement.

How should you apply and compare the offers?

  1. Select the exact model and use case. Confirm that the Dashing, X70 Plus, T1 or T2 you want, and whether it is for personal or business use, is eligible under the lender’s current Jetour arrangement.
  2. Get the same dated pro-forma invoice. Have the dealer identify the vehicle price, accessories and any separate approved charges.
  3. Request a complete written quotation from each bank. It should state the approved financing percentage, cash contribution, interest-rate basis, processing fee, valuation and tracking charges, credit-life cover, insurance premium and whether insurance is financed.
  4. Compare repayment, not just the instalment. Check the term, monthly payment, total repayment, moratorium treatment and early-settlement charge on identical assumptions.
  5. Confirm security and disbursement conditions before signing. Ask who holds the logbook, what insurance documentation is required, when the dealer is paid and what happens if approval is below the advertised ceiling.

Jetour Kenya describes itself as the official and exclusive Kenyan distributor and says it has financing and leasing partnerships. The dealer should therefore confirm which bank offer is currently available for the specific stock unit and provide the lender’s written conditions rather than relying on a headline percentage.

Why are these Jetour offers appearing now?

The companies cited by The Star reported that new-vehicle sales in Kenya rose 12.2% year on year in January–April 2026. They also said Chinese brands’ reported industry share increased from 0.49% five years earlier to 7.46%, while imported used-vehicle sales were estimated at 7,000–9,000 a month. Those figures help explain the push for branded new-car finance, but they do not establish affordability for an individual borrower.

Also popular on Amazon
1/32 Alloy Collectible Toy Car with Light and Sound, Kids Gift Black | Diecast Pull Back Car Model, Toy Vehicle Door Can Be Opened
  • 【Collector Car & Toy Car】The toy car with base can be used as a collector car for viewing or can be removed from the base to be used as a pull back toy car, with a variety of functions for different people.
  • 【High-grade texture】 Made of zinc alloy and excellent ABS material, it is stronger and more resistant to fall than ordinary plastic. Designed according to the prototype of the RAV4 car 1:32, fully satisfying children to explore the fun of experiencing vehicles.
  • 【Pull back the toy car】After removing the base,pull the toy car backwards and let go, the toy car will slide forward for some distance. Press the front of the caravan or open the door to trigger sound and light effects.
  • 【Safety Guarantee】This 1/32 pull back model has passed the American Toy Standard CPC, CPSIA. safe for children over 3 years old. If you have any questions about this product, please feel free to contact us.
  • 【FUN AND UNIQUE GIFT】: This toy car is the perfect educational toy gift for any kid interested in science, Construction vehicle, and more! It's the perfect gift for kids on birthdays, Christmas, Thanksgiving, Easter and more. Equally suitable for toy car collectors.

SBM reported profit before tax of KES 911 million for the nine months ended September 2026, up from KES 411 million, a 122% increase. That bank-performance figure is business context, not evidence that any particular Jetour loan will be approved or affordable.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What should a buyer take away?

SBM’s published Jetour ceiling means a 5% purchase-price contribution, with financing available for up to six years and insurance potentially included in the facility. Absa and Equity are described in current reports as zero-deposit, up-to-100% alternatives, but those percentages need confirmation in the approved offer. The only reliable comparison is a like-for-like quotation that exposes the full cash requirement and total repayment.

Frequently Asked Questions

Can a company apply for the SBM Jetour facility?

Yes. The announcement names companies among the intended customer groups, alongside individuals, professionals and business owners. It does not publish a separate corporate-document checklist, so a company should ask SBM which financial statements, signing mandates and account records it must provide.

Also popular on Amazon
Car Cover Outdoor for Jetour Dashing SUV 2022-2026
  • Precise Fit for Jetour Dashing SUV 2022-2026 – Tailored to your car’s exact model and size, this car cover hugs every curve perfectly to avoid loose areas and ensure full protection.
  • All-Weather Protection – Car Cover Waterproof for Jetour Dashing SUV 2022-2026. Made of 210D high-density Oxford cloth, it’s waterproof, UV-resistant, windproof, snowproof, and scratch-proof. Lightweight yet durable for year-round indoor & outdoor use.
  • Scratch-Resistant & Paint-Safe – Outdoor car cover for Jetour Dashing SUV 2022-2026.The high-density fabric effectively resists scratches from branches, sand, and debris, keeping your car’s paint looking like new and extending its life.
  • Night Visibility & Windproof – Full car cover for Jetour Dashing SUV 2022-2026. Extended reflective strips and mirror pocket reflectors improve visibility at night. Reinforced windproof belts keep the cover secure on windy days.
  • Convenient Design – Car protection cover for Jetour Dashing SUV 2022-2026.Driver-side zipper allows easy door access without removing the whole cover. Comes with a portable storage bag for compact carrying and quick storage.

Does a 72-month Jetour loan always produce the lowest monthly payment?

A longer term generally spreads principal over more instalments, but the total interest paid can rise. Compare the monthly instalment and total repayment together, using the same rate basis and financed fees.

What happens if a bank approves less than the advertised percentage?

The advertised percentage is a ceiling, not a promise of approval. A lower approved amount increases the buyer’s cash contribution, so obtain the lender’s exact approved amount before paying a deposit to the dealer.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Why is Equity’s official announcement important when reports say 100% financing?

Equity’s 15 September newsroom announcement confirms its Jetour partnership but does not state a Jetour-specific financing percentage. Ask Equity for a current, model-specific approval letter or quotation before treating the reported 100% figure as your available limit.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

car financeJetourKenya carsSBM Bank Kenyavehicle loans

Read next

Thanks for visiting Carcody

Carcody.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.co

Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
PC Slower Than It Used to Be?Free scan - under a minute

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.