Sidian Bank
Compare all 7 products from Sidian Bank in Kenya. Rates from 0%. Borrow up to Ksh 30,000,000.
Sidian Bank Pros & Cons
+Pros
- ✓Accepts M-Pesa statements for informal earners
- ✓Fast 24-48 hour disbursement
- ✓Low minimum income of KES 20,000
- ✓Dedicated MSE and women-in-business programs
- ✓Includes financial literacy training
- ✓Accepts M-Pesa statements (rare for cards)
-Cons
- ✗2.5% processing fee above market average
- ✗Limited branch network
- ✗Higher rates than Tier 1 banks (from 15%)
- ✗Lower loan ceiling of KES 3 million
- ✗Limited to 5-year maximum tenure
- ✗No purchase protection insurance
Eligibility Requirements
- ●National ID
- ●KRA PIN
- ●3 months payslips or M-Pesa statements
- ●Business registration (if self-employed)
- ●6 months bank statements
- ●Copy of ID
- ●KRA PIN Certificate
- ●Business registration or single business permit
- ●6 months bank or M-Pesa statements
- ●Business premises verification
Frequently Asked Questions
What interest rates does Sidian Bank offer?
Sidian Bank offers interest rates ranging from 0% to 17% across their 7 products. The exact rate depends on the product type, loan amount, and your credit profile.
What loan amounts are available from Sidian Bank?
Sidian Bank offers loan amounts from Ksh 50,000 up to Ksh 30,000,000 depending on the product and your eligibility.
How fast does Sidian Bank disburse loans?
The fastest disbursement time from Sidian Bank is 24-48 hours. Actual processing time varies by product type and application completeness.
Does Sidian Bank require CRB clearance?
Yes, Sidian 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 Sidian Bank offer on PesaMarket?
Sidian 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 Sidian Bank With
Best For
- ✓Women entrepreneurs
- ✓Micro and small enterprise owners
- ✓Informal sector workers with M-Pesa records
- ✓First-time borrowers building credit
- ✓MSE and small business owners
- ✓First-time credit card users
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