Salary Loan Calculator
Find out how much loan you can get based on your salary. Instant results from major Kenyan banks.
Your Loan Options
| Bank | Max Loan | Monthly | Rate | Term |
|---|
How Banks Calculate Your Loan Eligibility
1
Gross Salary
Banks use your gross monthly salary as the base. Higher salary = higher loan amount.
2
Debt-to-Income
Monthly repayments usually cannot exceed 33-40% of your net salary.
3
Loan Multiplier
Most banks offer 3-4x salary. Check-off loans may offer up to 6x.
Quick Reference: Loan Amounts by Salary
| Gross Salary | Standard Loan (3x) | Check-Off (5x) | Max Monthly Payment |
|---|---|---|---|
| KES 30,000 | KES 90,000 | KES 150,000 | KES 12,000 |
| KES 50,000 | KES 150,000 | KES 250,000 | KES 20,000 |
| KES 80,000 | KES 240,000 | KES 400,000 | KES 32,000 |
| KES 100,000 | KES 300,000 | KES 500,000 | KES 40,000 |
| KES 150,000 | KES 450,000 | KES 750,000 | KES 60,000 |
| KES 200,000 | KES 600,000 | KES 1,000,000 | KES 80,000 |
* Estimates only. Actual amounts depend on credit history, employer, and bank policies.
Tips to Maximize Your Loan Eligibility
✓Clear existing small loans before applying for a larger one
✓Apply through your employer for check-off loan benefits
✓Maintain a clean CRB record for 6+ months
✓Consider a guarantor to boost your eligible amount
✓Choose longer repayment terms for higher loan amounts
✓Apply at banks where you have salary account
Frequently Asked Questions
How much loan can I get on my salary?
Most banks offer loans up to 3-4x your monthly gross salary. With a KES 50,000 salary, you can typically qualify for KES 150,000-200,000.
What salary do I need for a bank loan?
Most banks require a minimum gross salary of KES 15,000-25,000 for personal loans.
Can I get a loan if I have other debts?
Yes, but existing debts reduce your eligible amount. Total monthly debt payments usually cannot exceed 40-50% of your net salary.