At Absa Bank Kenya, you can borrow anywhere from KES 50,000 to KES 6 million, with flexible repayment periods between 6 months and 8 years. Interest rates start at 19.81% per annum for unsecured loans, while secured loans for longer terms carry slightly lower rates around 19.14%.
From my experience, Absa’s loan terms strike a solid balance between flexibility and reliability, making them a smart choice for anyone planning long-term financial moves.
With loans starting from Ksh 50,000 up to a generous Ksh 8 million, Co-op Bank makes it easy to access quick cash without needing collateral. Repayments stretch up to 96 months, and interest is pegged at 14.5% base rate plus a small margin — giving you enough breathing room.
From my point of view, this loan is a smart pick — the terms are fair, the limits are generous, and it’s built for everyday Kenyans who need support without the drama.
You can now borrow up to Ksh 10 million from I&M Bank with no collateral needed, and pay it back over a period of up to 8 years. The loan is tied to your salary through the I&M@Work program, and with rates adjusted after the recent CBK cut, it’s become a lot more pocket-friendly.
In my honest view, I&M’s loan stands out for its solid structure, fair pricing, and decent access—definitely worth considering if you’re on payroll.
With KCB’s unsecured loan, salaried customers can borrow anything from a few thousand up to Ksh 4 million, and pay it back in manageable bits over up to 4 years. The interest rides on the current base lending rate of 14.6%, and to get started, you just need your salary flowing into a KCB account for 3 months.
Honestly, I’d vouch for KCB’s loan—it’s clean, predictable, and built for employed Kenyans who want decent money without the land drama.
At NCBA, salaried customers can borrow between Ksh 100,000 and Ksh 4 million with no need for title deeds or logbooks. You get up to 6 years to pay, and interest kicks off at around 14.1% per year, depending on your risk score and repayment history.
Honestly, NCBA’s loan feels like a fair deal — it’s fast, not complicated, and fits well for employed folks who want to borrow without giving up security.
Stanbic’s giving salaried folks a shot at borrowing from Ksh 100K all the way to Ksh 7 million, with repayment stretched up to 8 years depending on your income level. Once your paperwork checks out, approval can land in as little as 48 hours, and credit life insurance is built into the loan.
I think Stanbic’s offer is strong for salaried people who want speed, flexibility and big amounts—but only makes sense if you borrow with a clear plan and don’t overextend.
Standard Chartered is giving employed Kenyans access to loans between Ksh 100,000 and Ksh 7 million, with a fixed interest rate of 15.25% p.a. and repayment spread out across 6 to 84 months. The loan includes credit life insurance and excise duty right from the jump, and you’ll need to be earning at least Ksh 40K a month to qualify.
For salaried Kenyans looking for clean, no-drama credit, I think this loan from Standard Chartered delivers — just don’t borrow more than you can handle comfortably.
Bank of Baroda Kenya is offering unsecured personal loans from Ksh 100,000 up to Ksh 4 million, payable over 6 to 60 months, at a fixed interest rate of 14.70% per year. The best part? There’s no processing fee, and all credit life and excise charges are rolled in from the start.
For someone with a steady job and clear repayment discipline, I think Baroda’s loan is one of the cleanest and most honest products in the market right now.
At Gulf African Bank, you can now get up to Ksh 8 million in personal financing with no collateral required, and repayment plans running all the way to 84 months. The deal follows Sharia principles (Murabaha or Tawarruq), meaning no interest is charged — instead, you agree on a profit upfront that stays fixed.
I think Gulf African’s financing strikes a smart balance — it’s clean, honest, and especially good for folks looking for faith-compliant, asset-free credit.
Through EquiLoan, Equity Bank gives salaried customers access to between Ksh 30,000 and Ksh 5 million, with repayment periods of up to 72 months, depending on your employer’s agreement with the bank. For those looking for instant cash, Eazzy Loan offers quick mobile loans from Ksh 100 up to Ksh 3 million, repayable within 1 to 24 months, straight from the Equity app or *247#.
From where I sit, Equity’s loan options hit the right balance—quick to access, easy to manage, and fair enough if you’re earning a steady income.
| Lender | Loan amount (KES) | Tenure | Interest rate (p.a.) | Fees | Bonuses / Promotions |
|---|---|---|---|---|---|
| Absa Bank Kenya | 20,000 – 6,000,000 | 1 – 96 months | Unsecured 18.97 % (max 19.81 %) | Processing fee ~2 %; credit-life insurance | Speedy processing |
| Co-operative Bank | 50,000 – 8,000,000 | 1 – 96 months | Secured 17 %; Unsecured 17 – 18.5 % | Facility fee, insurance | Loan protection insurance, refinancing |
| I&M Bank (Unsecured) | up to 300,000 | 1 – 60 months | ~17.5 % (avg); max ~18.5 % | 4 % processing + insurance | Cashback on early repayment |
| KCB Bank | 20,000 – 8,000,000 | 1 – 60 months | 17.7 % (secured/scope); unsecured up to 21.4 % | Processing fee ~1–2 % | Top‑up after 6 months |
| NCBA Bank | 50,000 – 6,000,000 | 1 – 84 months | ~18 % avg; secured ~12 – 20 % | Facility fee, insurance | Flexible repayment, top‑up options |
| Stanbic Bank | 100,000 – 7,000,000 | 1 – 96 months | Secured ~15.5 – 17.7 % ; unsecured ~9.6 – 20.1 % | Facility fee; partner insurance | Top‑up after 6 months; bundled insurance |
| Standard Chartered Kenya | 100,000 – 7,000,000 | 1 – 84 months | Secured 14.5 % (check‑off); unsecured ~17.25–18.38 % | Facility fee; loan protection insurance | Balance transfer; insurance cover |
| Bank of Baroda Kenya | 50,000 – 5,000,000 | 1 – 60 months (approx.) | Nominal 14.95 % secured/unsecured | Processing fee ~1.5 % | Speedy processing |
| Gulf African Bank | 100,000 – 6,000,000 (Tawarruq) | 1 – 60 months | ~15.68 % Shariah-compliant | No interest—profit rate | Shariah-compliant; no collateral for Murabaha ≤3M |
| Equity Bank | 50,000 – 5,000,000 | 1 – 60 months | Secured ~14.4 %; unsecured ~17 – 19 % | Facility fee; insurance | Speedy processing |
