Compare 2 fast loans that offer KES 400,000. Interest rates from 4% to 15% p.a.
See exactly how much you'll pay for a KES 400,000 loan
Co-operative Bank of Kenya
4% - 9%p.a.
KES 50 - 500,000
1 - 12 months
Okolea International
11.15% - 15%p.a.
KES 500 - 500,000
| Interest Rate | 6 Months | 12 Months | 24 Months | 36 Months |
|---|---|---|---|---|
| 12% p.a. | KES 69,019 | KES 35,540 | KES 18,829 | KES 13,286 |
| 15% p.a. | KES 69,614 | KES 36,103 | KES 19,395 | KES 13,866 |
| 18% p.a. | KES 70,210 | KES 36,672 | KES 19,970 | KES 14,461 |
| 21% p.a. | KES 70,809 | KES 37,246 | KES 20,554 | KES 15,070 |
| 24% p.a. | KES 71,410 | KES 37,824 | KES 21,148 | KES 15,693 |
* Estimates based on reducing balance method. Actual EMI may vary based on fees and exact terms.
You can get a KES 400,000 loan from 2+ lenders including Co-operative Bank of Kenya, Okolea International. Interest rates start from 7.6% p.a. Compare all options on PesaMarket to find the best rate for your needs.
For a KES 400,000 loan at 7.6% p.a. over 12 months, you'd pay approximately KES 34,717 per month. Use our EMI calculator for exact figures based on your chosen loan term and interest rate.
Requirements typically include: Kenyan ID/passport, age 18-65, minimum monthly income of KES 120,000 (varies by lender), valid KRA PIN, and good CRB status. Larger amounts may require collateral.
Digital lenders like Branch and Tala can approve and disburse within 5 minutes for amounts up to KES 50,000. Bank loans for KES 400,000 typically take 24-48 hours. M-Pesa loans (Fuliza, KCB M-Pesa) are instant but have lower limits.
Most formal lenders check CRB, but some digital lenders like Fuliza and Tala may approve first-time borrowers or those with minor CRB issues. For KES 400,000, we recommend improving your CRB status first for better rates and higher approval chances.
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