DIB Bank Kenya
Compare all 4 products from DIB Bank Kenya in Kenya. Rates from 0%. Borrow up to Kshย 8,000,000.
Fixed Deposits
1| Product | Rate | |
|---|---|---|
DIB Bank Wakala Fixed Term Deposit | 5.5% - 8% | Apply |
DIB Bank Kenya Pros & Cons
+Pros
- โSharia-compliant with international Dubai Islamic Bank backing
- โLower profit rate starting at 13%
- โLow 1.5% arrangement fee
- โHigh KES 8M ceiling for serious financing needs
- โIbra rebate encourages early settlement
- โSharia-compliant banking
-Cons
- โLimited branch network
- โRequires asset quotation (not pure cash loans)
- โVery limited Kenya branch network
- โHigher minimum loan of KES 100K
- โSharia compliance requires more documentation
- โReturns not guaranteed (profit-sharing)
Eligibility Requirements
- โNational ID or passport
- โKRA PIN
- โ3 months payslips
- โ6 months bank statements
- โAsset purchase quotation (for Murabaha)
- โNational ID or Passport
- โKRA PIN certificate
- โPassport-size photo
- โProof of income or employment
- โProof of source of funds (for deposits above KES 500,000)
Frequently Asked Questions
What interest rates does DIB Bank Kenya offer?
DIB Bank Kenya offers interest rates ranging from 0% to 15% across their 4 products. The exact rate depends on the product type, loan amount, and your credit profile.
What loan amounts are available from DIB Bank Kenya?
DIB Bank Kenya offers loan amounts from Kshย 100,000 up to Kshย 8,000,000 depending on the product and your eligibility.
How fast does DIB Bank Kenya disburse loans?
The fastest disbursement time from DIB Bank Kenya is 3-5 working days. Actual processing time varies by product type and application completeness.
Does DIB Bank Kenya require CRB clearance?
DIB Bank 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 DIB Bank Kenya offer on PesaMarket?
DIB Bank Kenya currently has 4 products listed on PesaMarket across 4 categories: Current Accounts, Fixed Deposits, Personal Loans, Savings Accounts.
Compare DIB Bank Kenya With
Best For
- โIslamic banking customers
- โMuslim customers seeking Sharia finance
- โGulf diaspora and UAE-linked business
- โAsset-backed financing (car, property, equipment)
- โLarge Islamic finance transactions
- โSharia-compliant savers
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