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Mortgage

Stanbic KMRC Home Loan

Stanbic Bank Kenya

Last updated: January 14, 2026

|Last verified: Jan 14, 2026
0/5
Based on 0 Reviews
Interest Rate
9.5% - 9.5% p.a.
Loan Amount
Ksh 1,000,000 - Ksh 4,000,000
Approval Time
14-30 days
Processing Fee
1%

Rating Breakdown

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Total: 0 Reviews

Pros & Cons

Pros

  • Kenya's best rate at 9.5%
  • Up to 100% financing available
  • Long tenure up to 25 years
  • Low processing fee (1%)
  • Free property valuation
  • KMRC government backing
  • Mortgage protection included

Cons

  • Property value limit of KES 4M
  • Extensive documentation required
  • 24 months employment history needed
  • Early repayment penalty (2% within 5 years)
  • Minimum income of KES 75,000

Customer Reviews

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Product Details

Features

  • Kenya's lowest mortgage rate at 9.5%
  • KMRC government-backed affordable housing
  • Long repayment period up to 25 years
  • Finance up to 100% of property value
  • New purchase and construction supported
  • Free property valuation
  • Mortgage protection insurance included
  • Flexible repayment options
  • Digital application and tracking
  • Dedicated mortgage advisor

Eligibility Requirements

Age: 21 - 65 years
Min Income: Ksh 75,000/month
Employment: Salaried, Self-employed

Required Documents

  • Copy of ID/Passport
  • KRA PIN Certificate
  • Last 6 months payslips (if employed)
  • Last 12 months bank statements
  • Employment contract/letter
  • Tax returns (last 2 years for self-employed)
  • Property valuation report
  • Title deed or sale agreement
  • Building approval plans (for construction)

Repayment Options

Standing orderCheck-off (for salaried)M-Pesa PaybillBranch paymentDirect debitStanbic Mobile app

Ready to Apply?

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Application takes less than 10 minutes

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