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Personal Loan

Prime Bank Personal Loan

Prime 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 100,000 - Ksh 10,000,000
Approval Time
48 hours
Processing Fee
KshNaN

Rating Breakdown

5
(0)
4
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3
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2
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1
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Total: 0 Reviews

Pros & Cons

Pros

  • Very competitive rates starting at 13%
  • Low 1.5% processing fee below market norm
  • High loan ceiling of KES 10 million
  • Private banking-level customer service
  • Fast 48-hour approval for existing clients

Cons

  • High minimum income of KES 50,000 excludes many borrowers
  • Minimum loan of KES 100,000 too high for small needs
  • Very limited branch network (under 10 branches)
  • Best pricing reserved for relationship customers

Customer Reviews

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Product Details

Features

  • Personal loans up to KES 10 million
  • Premium banking focused on affluent clients
  • Competitive rates from 13% for relationship customers
  • Up to 6-year repayment tenure
  • Low 1.5% processing fee
  • Prime Bank Mobile App and Internet Banking
  • Private banking concierge service
  • CRB positive reporting and KDIC protection

Eligibility Requirements

Age: 25 - 60 years
Min Income: Ksh 50,000/month
Employment: Employed, Professional, High-net-worth individual

Required Documents

  • National ID or passport
  • KRA PIN
  • 3 months payslips
  • 12 months bank statements
  • Asset declaration (for higher amounts)

Repayment Options

Standing orderDirect debit

Ready to Apply?

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Application takes less than 10 minutes

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