Teachers Service Commission Employees
TSC teachers have access to dedicated loan products with preferential rates due to government employment security.
Employees
350,000+
Sector
Education (Government)
Loan Multiplier
4x
Max Term
60 months
Base Rate
From 13%
Bank Loan Comparison
Compare check-off loan options available to Teachers Service Commission Employees
| Bank | Multiplier | Interest Rate | Max Term | Key Features | Actions |
|---|---|---|---|---|---|
| Co-operative Bank | 4x | 13% | 60 months |
| View Bank → |
| KCB Bank | 4x | 13% | 60 months |
| View Bank → |
| Equity Bank | 3.5x | 14% | 48 months |
| View Bank → |
| Family Bank | 3x | 15% | 48 months |
| View Bank → |
Requirements
What you need to apply for a Teachers (TSC) employee loan
- Registered TSC teacher
- Valid TSC number
- Minimum 1 year teaching experience
- Latest payslip
- National ID copy
Benefits
Why Teachers (TSC) employees get better loan terms
- Special teacher loan products
- Rates from 13% p.a.
- Up to 4x monthly salary
- Automatic payroll deduction
- No guarantors for smaller amounts
- Holiday payment breaks available
How to Apply
Steps to get your check-off loan
1. Check Eligibility
Confirm you meet the minimum employment period and have all required documents for Teachers (TSC).
2. Compare Banks
Use the comparison table above to find the best rates and terms for your needs.
3. Gather Documents
Prepare your staff ID, payslips, and HR confirmation letter.
4. Apply
Visit your chosen bank branch or apply online. Most banks process within 24-48 hours.
Calculate Your Loan
Use our salary loan calculator to estimate how much you can borrow.
Frequently Asked Questions
What is the maximum loan amount for Teachers (TSC) employees?
Teachers (TSC) employees can typically borrow up to 4x their monthly salary. For example, if you earn KES 100,000 per month, you could qualify for up to KES 400000 depending on the bank.
What interest rate will I get as a Teachers (TSC) employee?
Interest rates for Teachers (TSC) employees start from 13% per annum, which is lower than standard personal loans due to the check-off arrangement that reduces default risk for banks.
How long does it take to get a Teachers (TSC) check-off loan?
Most banks process Teachers (TSC) check-off loans within 24-48 hours once all documents are submitted. Some banks offer same-day disbursement for existing customers.
Do I need collateral for a Teachers (TSC) employee loan?
No, Teachers (TSC) check-off loans are unsecured. The check-off arrangement where repayments are deducted directly from your salary serves as security for the bank.