Family Bank
Compare all 7 products from Family Bank in Kenya. Rates from 0%. Borrow up to Kshย 50,000,000.
Current Accounts
1| Product | Rate | |
|---|---|---|
Family Bank Current Account | 0% p.a. | Apply |
Family Bank Pros & Cons
+Pros
- โStrong check-off presence for TSC and civil servants
- โFree credit life insurance included
- โSACCO-friendly check-off integration
- โCRB positive reporting builds credit history
- โStrong SACCO and co-operative ties
- โSector-specific expertise (agri, manufacturing)
-Cons
- โRequires employer letter for check-off rates
- โSmaller branch network than top-tier banks
- โProcessing slower than digital-first lenders
- โFull documentation required including audited accounts
- โCharges apply for excess transactions
- โEarly withdrawal forfeits interest
Eligibility Requirements
- โNational ID
- โKRA PIN
- โ3 months payslips
- โ6 months bank statements
- โEmployer introduction letter
- โCopy of ID
- โKRA PIN Certificate
- โBusiness registration certificate
- โKRA PIN certificate
- โTax compliance certificate
Frequently Asked Questions
What interest rates does Family Bank offer?
Family Bank offers interest rates from 0% across their product range.
What loan amounts are available from Family Bank?
Family Bank offers loan amounts from Kshย 50,000 up to Kshย 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
- โTeachers and civil servants with check-off
- โSACCO members seeking bank financing
- โMid-income salaried employees
- โSACCO members seeking first credit card
- โLow-to-mid income salaried workers
- โCredit history builders
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