Ecobank Kenya
Compare all 6 products from Ecobank Kenya in Kenya. Rates from 0%. Borrow up to Ksh 50,000,000.
Ecobank Kenya Pros & Cons
+Pros
- ✓Largest pan-African network (33 countries)
- ✓Free cross-border transfers within Ecobank network
- ✓Competitive rates starting at 13.5%
- ✓Rapidtransfer for instant African remittances
- ✓No early repayment penalty
- ✓Lower 4% cash advance fee
-Cons
- ✗Smaller Kenyan branch network than peers
- ✗Less known in Kenyan retail segment
- ✗Digital platform can be slow during peak hours
- ✗2% processing fee standard (no premium discount)
- ✗42% p.a. on revolving balance (higher tier)
- ✗Smaller Kenyan branch network
Eligibility Requirements
- ●National ID
- ●KRA PIN
- ●3 months payslips
- ●6 months bank statements
- ●Copy of ID/Passport
- ●KRA PIN Certificate
- ●Business registration
- ●Audited accounts (2 years)
- ●KRA PIN and tax compliance
- ●12 months bank statements
Frequently Asked Questions
What interest rates does Ecobank Kenya offer?
Ecobank Kenya offers interest rates ranging from 0% to 16% across their 6 products. The exact rate depends on the product type, loan amount, and your credit profile.
What loan amounts are available from Ecobank Kenya?
Ecobank Kenya offers loan amounts from Ksh 50,000 up to Ksh 50,000,000 depending on the product and your eligibility.
How fast does Ecobank Kenya disburse loans?
The fastest disbursement time from Ecobank Kenya is 48 hours. Actual processing time varies by product type and application completeness.
Does Ecobank Kenya require CRB clearance?
Yes, Ecobank Kenya requires CRB clearance for some or all of their products. A clean credit history improves your chances of approval and may qualify you for better rates.
How many products does Ecobank Kenya offer on PesaMarket?
Ecobank Kenya currently has 6 products listed on PesaMarket across 6 categories: Business Loans, Credit Cards, Current Accounts, Fixed Deposits, Personal Loans, Savings Accounts.
Products Available
Compare Ecobank Kenya With
Best For
- ✓Pan-African business travelers
- ✓West African diaspora in Kenya
- ✓Cross-border remittance senders
- ✓Mid-income professionals
- ✓Cross-border traders and remittance senders
- ✓Low-income entry credit card seekers
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