Watu Credit Motorbike Prices and Loans in 2024

Watu Credit aims to assist people who can barely qualify for asset financing loans from banks. Its Boda Boda loans are easy to qualify for since the paperwork is minimal and your credit history does not matter. That is why we want to explore Watu Credit motorbike prices and loans today.

Therefore, if you’re struggling to own a motorbike due to financial constraints, this is the information you need. We’ll discuss everything you need to qualify for Watu Credit motorbikes. Keep reading! 

Watu Credit Motorbike Prices

Watu Credit, also Watu Africa, provides a range of motorcycle brands, including:

  • Bajaj
  • Haojin
  • Jincheng
  • Lifan
  • Piaggio
  • Skygo
  • Sonlink
  • TVS.

Any Watu Credit outlet will ask you to choose a Boda Boda from any of the above brands. It partners with these brands to give you the best quality assets. They also have the option to get financing for a second-hand motorcycle. 

Before you approach Watu Credit for a motorcycle loan, take the time to investigate the current prices of these motorcycles. This is because the company will calculate its principal and interest amounts based on the price of your favorite motorcycle. 

The table below shows the estimated market prices of the most popular Watu Credit motorcycle brands in Kenya:

Motorbike BrandMotorcycle ModelCurrent Market in Kenyan Shillings
Bajaj BOXER Pulsar 125 (single seat)117,700
Haojin HJ125-50111,500
Jincheng Jincheng 200cc Offroad219,000
Lifan Kpv 150 ADV 2024280,500
Piaggio Mp3 Sport 400 20241, 143, 890
Skygo Skygo KPV 150207,900
Sonlink Sonlink 150/200cc Cruicer GN
TVS. TVS Apache RTR 310 2024324,500
Watu Credit motorbike brands and their prices

Note that the current motorcycle prices might go up due to the ongoing worldwide inflation. Also, different dealers will price their products differently. The table above should only give you a rough idea of the prices to expect in the New Year.  

Apart from the pricing, compare these motorbikes based on:

  • Fuel consumption rate
  • Mileage
  • Ease of maintenance
  • Engine performance
  • Warranty

Read customer reviews to learn how other Kenyans feel about a particular motorbike brand and model.

Find Out: Best Providers Of Boda Boda Loans In Kenya 

Current Watu Credit Motorbike Prices and Loans

Watu Credit can approve your Boda Boda loan application within two hours. You can get the loan even faster if you choose the best motorcycle brand beforehand. 

Watu Credit’s loan application process involves the following four steps: 

  • Visit the nearest Watu Credit authorized dealer or outlet
  • A loan officer at the reception will help you pick the most appropriate motorbike 
  • Choose a loan repayment plan that could work best for you, given your current financial circumstances
  • Sign the loan agreement and receive a new bike 

Requirements for Watu Credit Loan Application

Before you visit a Watu Credit office, ensure you have fulfilled all the loan application requirements. These include: 

  • A genuine national ID card
  • The guarantor’s national ID card
  • A copy of your KRA PIN certificate
  • Ensure you are aged 20 to 65 years. If you are 18 years or 19 years old, Watu Credit wants your parent or guardian to accompany you
  • Bring one guarantor who is 20 years and above
  • A deposit/down payment of 20,000 Kenyan shillings
  • You need to have actively used your Safaricom SIM number for six months. Ensure this line has an M-PESA account
  • Two referees 

If you meet all the above requirements, Watu Credit will qualify you for a Boda Boda loan in the shortest time possible. If the approval process takes longer, the loan officer will suggest a date for picking your asset. 

Ensure you get a copy of the loan agreement before leaving with your motorbike, as it can assist you in a future dispute with the lender.

Also Read: Best Providers Of TUK TUK Loans In Kenya

Watu Credit Boda Boda Loan Repayment Period and Process

Once you obtain motorcycle financing from Watu Credit, you should repay the loan daily or weekly. 

Depending on the cost of your two-wheeler, your daily repayment amount can range from 300 to 400 Kenyan shillings. If you opt for expensive bikes, your daily installment will be Ksh.400 or more. 

A loan officer will explain the prices of different motorbike models from your favorite brand. Once you pick your preferred brand, they will compute your daily and weekly loan installments based on price and other factors. 

Instead of queuing in a bank, pick up your phone and send your daily or weekly repayments to Watu Credit’s Pay Bill number (659880). Here are the steps to repay your Watu Credit loan using M-PESA:

  1. Tap the “SIM Toolkit” icon on your phone and select “M-PESA”
  2. Once the M-PESA menu appears, choose the “Lipa na M-PESA” option
  3. Touch the “Pay Bill” tab
  4. Enter “659880” as the “Business Number”
  5. Enter your “Phone number” in the “Account number” box
  6. Type the “Amount” you plan to repay that day
  7. Double-check the transaction details and tap the “Submit” button if they are correct 
  8. Wait for an M-PESA notification and a Watu credit text confirming your transaction 

The maximum Watu Credit Boda Boda loan repayment period is 24 months. A loan officer will explain how the repayment period works. At the end of the loan term, the company should hand over your motorcycle logbook. 

The logbook is the certificate you need the most because it is the proof of asset ownership. 

How Much Will You Pay Eventually

Expect the total amount you end up paying to be higher than the current price of your motorcycle. This is because Watu Credit earns a profit by charging a particular interest rate

So, multiply your daily installment by the repayment period to get the total installments. 

Add the initial down payment of Ksh. 20,000 to your result to get the total amount you’ll pay for the motorbike. Subtract the retail price of your Boda Boda from this amount to see how much interest you will pay. 

If you have complaints about installments or something else, contact Watu Credit agents on Facebook or Twitter. Alternative Watu Credit contact methods include: 

  • A phone call: Call an agent on +254 790 000 999 or +254 709 
  • An Email Address: Write an email to info@watucredit.com.
  • An Office Visit: Walk to the nearest Watu Credit office. Discover a list of offices below. 

Watu Credit Branches in Kenya

Watu Credit has its headquarters in Mombasa City. Its other branches are all over the country. Check the following table to know where to find the closest Watu Credit office.

Kenyan Town/CityOutlet Location
MeruNjuri Ncheke Street
NairobiVision Plaza, Mombasa Road
NakuruEldoret Highway
NarokB3 Road
KituiKibwezi- Kitui Road
BungomaAdjacent to the Governor’s Office
KisumuMURBS Building, Makasembo Road
KitaleMak Asembo Street
KisiiMetro Hotel Ground Floor, Migori Road
KakamegaKisumu-Kakamega highway
KapsabetJean-Marie Seroney Road
EldoretPioneer Business Center, Kisumu Road
BometSilibwet Junction
MumiasMumias Musanda Road
KerichoTengecha Lane
MigoriA1 Road
VoiCar and General Voi
MauaMbale Kaburu Complex
SiayaRagama Building
HomabayA1 Road
MalindiB8 Road
Watu Credit branches in Kenya

Now that you have learned something about Watu Credit motorcycle prices and loans, make the first move. Apply for a Watu Credit Boda Boda loan before it’s too late. Once you get a new motorcycle, repay the loan obediently until you finish. After that, collect your logbook and enjoy having a business asset that can earn you daily bread for many years.