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Personal Loan

Stanbic Personal Loan

Stanbic Bank Kenya

Last updated: October 29, 2025

|Last verified: Oct 29, 2025
0/5
Based on 0 Reviews
Interest Rate
13% - 17% p.a.
Loan Amount
Ksh 100,000 - Ksh 15,000,000
Approval Time
3-5 business days
Processing Fee
2%%

Rating Breakdown

5
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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 high loan amounts (up to KES 15M)
  • Longest repayment period (up to 7 years)
  • Competitive rates from 13%
  • No collateral up to KES 2M
  • Part of Africa's largest bank
  • Excellent for high-value financing
  • Free credit insurance
  • 110+ years banking experience

Cons

  • Higher minimum loan amount (KES 100k)
  • 3-5 day processing time
  • Strict documentation requirements
  • 2% processing fee

Customer Reviews

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Product Details

Features

  • Loans up to KES 15 million
  • Long repayment period up to 7 years
  • Competitive rates from 13%
  • Quick approval within 3 days
  • Flexible repayment terms
  • No collateral for amounts up to KES 2M
  • Top-up facility available
  • Free credit life insurance
  • Preferential rates for Stanbic account holders
  • Salary advance option

Eligibility Requirements

Age: 21 - 65 years
Min Income: Ksh 50,000/month
Employment: Permanent employment, Self-employed, Business owner, Professionals

Required Documents

  • National ID or Passport
  • KRA PIN Certificate
  • Latest 3 months payslips
  • Bank statements (6 months)
  • Employment letter or business registration
  • CRB consent

Repayment Options

Standing orderCheck-off (salary deduction)Direct debitBranch paymentMobile bankingInternet banking

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