Consolidated Bank of Kenya
Compare all 4 products from Consolidated Bank of Kenya in Kenya. Rates from 0%. Borrow up to Ksh 3,000,000.
Fixed Deposits
1| Product | Rate | |
|---|---|---|
Consolidated Bank Fixed Deposit Account | 6% - 8.5% | Apply |
Consolidated Bank of Kenya Pros & Cons
+Pros
- ✓Strong government payroll check-off relationships
- ✓Trusted state-owned institution
- ✓Low minimum income of KES 20,000
- ✓No early repayment penalty
- ✓Dedicated civil servant lending window
- ✓Earns 3.9% interest p.a.
-Cons
- ✗Limited branch network
- ✗Higher top rate of 17%
- ✗Limited to 4-year maximum tenure
- ✗Bureaucratic approval process
- ✗2.5% processing fee above market norm
- ✗Digital platform lags competitors
Eligibility Requirements
- ●National ID
- ●KRA PIN
- ●3 months payslips
- ●Bank statements
- ●Employer introduction letter
- ●National ID or Passport
- ●KRA PIN certificate
- ●Passport-size photo
- ●Proof of income or employment
- ●Proof of source of funds (for deposits above KES 500,000)
Frequently Asked Questions
What interest rates does Consolidated Bank of Kenya offer?
Consolidated Bank of Kenya offers interest rates ranging from 0% to 17% across their 4 products. The exact rate depends on the product type, loan amount, and your credit profile.
What loan amounts are available from Consolidated Bank of Kenya?
Consolidated Bank of Kenya offers loan amounts from Ksh 50,000 up to Ksh 3,000,000 depending on the product and your eligibility.
How fast does Consolidated Bank of Kenya disburse loans?
The fastest disbursement time from Consolidated Bank of Kenya is 3-5 working days. Actual processing time varies by product type and application completeness.
Does Consolidated Bank of Kenya require CRB clearance?
Consolidated Bank of Kenya does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.
How many products does Consolidated Bank of Kenya offer on PesaMarket?
Consolidated Bank of Kenya currently has 4 products listed on PesaMarket across 4 categories: Current Accounts, Fixed Deposits, Personal Loans, Savings Accounts.
Apply Now
Visit Consolidated Bank of Kenya to explore their products and apply online.
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Compare Consolidated Bank of Kenya With
Best For
- ✓Civil servants and government employees
- ✓TSC teachers with check-off
- ✓Parastatals and state corporation workers
- ✓Low-to-mid income borrowers
- ✓Regular savers
- ✓Emergency fund building
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