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🇰đŸ‡Ē PROUDLY KENYAN

Payroll Loans in Kenya

Compare 8 payroll check-off loan products in Kenya — SASRA-regulated SACCOs and CBK-licensed banks including ABSA Bank Kenya, Co-operative Bank of Kenya, Diamond Trust Bank and 5 more. Loan sizes KES 10K-10M. As of 2026-05-13.

|Last verified: Dec 16, 2025

There are 8 payroll loans available in Kenya with interest rates from 12% to 16% per annum. Amounts range from KES 10,000 to KES 10,000,000. PesaMarket updates this data regularly.

Showing 8 of 8 products

⭐ Government employees

ABSA Check-Off Loan

ABSA Bank Kenya

Status unverified
Interest Rate
13% - 15%
per annum
Max Amount
KES 8000K
Approval Time
24-48 hours
Processing Fee
2.5%
  • Borrow up to 5x your net salary
  • Salary check-off arrangement
Apply Now
⭐ SACCO members

Co-op Bank Salary Loan

Co-operative Bank of Kenya

Status unverified
Interest Rate
13% - 14%
per annum
Max Amount
KES 5000K
Approval Time
24-48 hours
Processing Fee
2%
  • Borrow up to 4x your net salary
  • Check-off arrangement with employer
Apply Now
⭐ East African regional employees

DTB Payroll Loan

Diamond Trust Bank

Status unverified
Interest Rate
14% - 16%
per annum
Max Amount
KES 5000K
Approval Time
48-72 hours
Processing Fee
2%
  • Salary backed loans up to KES 5 million
  • Salary check-off arrangement
Apply Now
⭐ Government employees

Equity Check-Off Loan

Equity Bank

Status unverified
Interest Rate
13% - 14%
per annum
Max Amount
KES 6000K
Approval Time
24-48 hours
Processing Fee
2%
  • Borrow up to 4x your net salary
  • Automatic salary deduction
Apply Now
⭐ High-income professionals

I&M Bank Salary Loan

I&M Bank

Status unverified
Interest Rate
14% - 16%
per annum
Max Amount
KES 8000K
Approval Time
24-48 hours
Processing Fee
2%
  • Premium salary loans up to KES 8 million
  • Competitive rates for high earners
Apply Now
⭐ Government employees

KCB Salary Advance Loan

KCB Bank

Status unverified
Interest Rate
13% - 15%
per annum
Max Amount
KES 5000K
Approval Time
24-48 hours
Processing Fee
2.5%
  • Borrow up to 5x your net salary
  • Check-off from salary (automatic deduction)
Apply Now
⭐ High-income professionals

NCBA Payroll Loan

NCBA Bank

Status unverified
Interest Rate
14% - 16%
per annum
Max Amount
KES 7000K
Approval Time
48-72 hours
Processing Fee
2.5%
  • Premium loan amounts up to KES 7 million
  • Digital application via NCBA Mobile
Apply Now
⭐ High-income earners

Stanbic Salary Backed Loan

Stanbic Bank Kenya

Status unverified
Interest Rate
12% - 14%
per annum
Max Amount
KES 10000K
Approval Time
48-72 hours
Processing Fee
2%
  • One of the lowest rates from 12% p.a.
  • High loan limits up to KES 10 million
Apply Now

Expert Advice

“Check-off loans offer some of the lowest rates in Kenya because your employer guarantees repayment. But read the fine print - some lock you in for the full term even if you change jobs.”

P
PesaMarket Research Team

Financial Analysis

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