Family Bank
Compare all 7 products from Family Bank in Kenya. Rates from 0%. Borrow up to Ksh 50,000,000.
Family Bank Pros & Cons
+Pros
- ✓Strong check-off presence for TSC and civil servants
- ✓Up to 6-year repayment period
- ✓Free credit life insurance included
- ✓Competitive base rate from 13%
- ✓Tier 2 bank with deep SACCO relationships
- ✓Low KES 2,000 annual fee
-Cons
- ✗Requires employer letter for check-off rates
- ✗Smaller branch network than top-tier banks
- ✗Processing slower than digital-first lenders
- ✗Lower credit ceiling of KES 300K
- ✗42% p.a. on revolving balances
- ✗Cash advance capped at 30% of limit
Eligibility Requirements
- ●National ID
- ●KRA PIN
- ●3 months payslips
- ●6 months bank statements
- ●Employer introduction letter
- ●Copy of ID
- ●KRA PIN Certificate
- ●Business registration certificate
- ●KRA PIN certificate
- ●Tax compliance certificate
Frequently Asked Questions
What interest rates does Family Bank offer?
Family Bank offers interest rates ranging from 0% to 16% across their 7 products. The exact rate depends on the product type, loan amount, and your credit profile.
What loan amounts are available from Family Bank?
Family Bank offers loan amounts from Ksh 50,000 up to Ksh 50,000,000 depending on the product and your eligibility.
How fast does Family Bank disburse loans?
The fastest disbursement time from Family Bank is 48-72 hours. Actual processing time varies by product type and application completeness.
Does Family Bank require CRB clearance?
Yes, Family Bank 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 Family Bank offer on PesaMarket?
Family Bank currently has 7 products listed on PesaMarket across 7 categories: Business Loans, Credit Cards, Current Accounts, Fixed Deposits, Mortgages, Personal Loans, Savings Accounts.
Products Available
Compare Family Bank With
Best For
- ✓Teachers and civil servants with check-off
- ✓SACCO members seeking bank financing
- ✓Borrowers needing long 6-year tenure
- ✓Mid-income salaried employees
- ✓SACCO members seeking first credit card
- ✓Low-to-mid income salaried workers
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