Equity Personal Loan
Pros
- +Quick approval within 48 hours
- +Flexible repayment up to 5 years
- +No collateral for loans up to KES 500k
- +Competitive interest rates
Equity Bank vs NCBA - Complete Bank Comparison 2025
Compare Equity Bank and NCBA side-by-side. Interest rates, fees, branch network, digital services, and customer reviews. Find out which bank is right for you.
At a Glance
Best Rate
Equity Bank Kenya
Lowest Fees
NCBA Bank
Fastest Approval
Equity Bank Kenya
Overall Winner
Equity Bank Kenya
| Feature | Equity Personal Loan Equity Bank Kenya | NCBA Personal Loan NCBA Bank |
|---|---|---|
| Interest Rate | 13% - 16% p.a. | 12% - 18% p.a. |
| Loan Amount Range | KES 50,000 - KES 5,000,000 | KES 50,000 - KES 7,000,000 |
| Repayment Period | 6 - 60 months | 12 - 72 months |
| Fees | Processing: 2% | Processing: 2.5%% |
| Key Features |
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| View Details & Apply | View Details & Apply |
NCBA Personal Loan
Pros
- +Loan up to KES 7 million unsecured
- +Up to 90% of deposit for secured loans
- +Competitive rates from 12% p.a.
- +Repayment up to 72 months
Frequently Asked Questions
Which is better: Equity Bank or NCBA?
Both Equity Bank and NCBA are reputable CBK-licensed banks in Kenya. Equity Bank has 190 branches while NCBA has undefined branches. Equity Bank was established in 1984 and NCBA in 2010. The best choice depends on your specific needs, location, and the type of financial product you're looking for.
What are the main differences between Equity Bank and NCBA?
Equity Bank is headquartered in Nairobi and offers 190+ branches nationwide, Strong digital banking. NCBA is headquartered in Nairobi and is known for competitive rates. They differ in their product offerings, interest rates, fees, and branch networks.
Which bank has better interest rates: Equity Bank or NCBA?
Interest rates vary by product type. For personal loans, rates typically range from 13-18% p.a. at both banks. Equity Bank may offer lower rates for salary-backed loans, while NCBA might have better rates for secured loans. Always compare specific products on PesaMarket for current rates.
Can I have accounts at both Equity Bank and NCBA?
Yes, you can have accounts at both Equity Bank and NCBA. Many Kenyans maintain multiple bank accounts to take advantage of different products and services. Both banks offer mobile banking integration with M-Pesa for easy transfers.
Which bank has better mobile banking: Equity Bank or NCBA?
Both banks have robust mobile banking apps. Equity Bank offers Equity Mobile with M-Pesa integration, while NCBA provides NCBA Mobile Banking services. Check app store ratings and features that matter most to you.
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