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KCB Asset Based Finance

Kenya Commercial Bank

Last updated: April 16, 2026

|Last verified: Apr 16, 2026
0/5
Based on 0 Reviews
Interest Rate
13% - 15% p.a.
Loan Amount
Ksh 500,000 - Ksh 100,000,000
Approval Time
5-10 working days
Processing Fee
1.5-2% of loan amount%

Rating Breakdown

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Pros & Cons

Pros

  • Highest ceiling in the market (KES 100M)
  • Up to 90% asset financing
  • Competitive rates from 13%
  • 200+ branch support network
  • Wide asset coverage including heavy equipment

Cons

  • Requires 18 months trading history
  • Audited accounts needed for large amounts
  • Comprehensive insurance is mandatory
  • 5-10 day approval timeline

Customer Reviews

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Product Details

Features

  • Loans up to KES 100 million
  • Up to 90% asset financing
  • Tenure up to 60 months
  • Wide asset coverage (vehicles to heavy equipment)
  • Balloon payment option available
  • 200+ branches nationwide
  • Dedicated asset finance team

Eligibility Requirements

Age: 21 - 70 years
Min Income: Ksh 100,000/month
Employment: Registered business, SME owner, Limited company, Sole proprietor, Partnership

Required Documents

  • Certificate of incorporation or business registration
  • KRA PIN Certificate
  • Bank statements (12 months)
  • Audited financial statements
  • Proforma invoice for asset
  • National ID for directors
  • Tax compliance certificate
  • Board resolution

Repayment Options

Standing orderDirect debitKCB internet bankingBranch paymentM-Pesa Paybill

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