How do I compare personal loans?

Use our comparison tool to filter by interest rate, fees, approval time, and loan amount. Compare at least 3 products before making a decision. We have compared 17 personal loans from Kenyas leading banks and financial institutions.

Is it free to use PesaMarket?

Yes! PesaMarket is 100% free for consumers. We may earn a commission when you apply through our links, but this does not affect the rates or terms you receive.

How often is the information updated?

We update product information daily to ensure you have access to the latest rates, fees, and terms. Always verify final details with the financial institution before applying.

What is the best personal loan in Kenya?

The best personal loan depends on your specific needs, income level, credit history, and financial goals. Use our comparison tool to find products that match your requirements. Consider factors like interest rates, fees, approval time, and eligibility criteria.

How quickly can I get approved for a personal loan?

Approval times vary by lender. Digital lenders often approve applications within minutes, while traditional banks may take 1-7 days. Check the "Approval Time" field in our comparison table to find the fastest options.

Personal Loans Kenya 2026 | Compare 50+ Loans from 12% APR

Letshego Personal Loan

Letshego Kenya

Interest Rate

65% below average

5.25% - 24%

per annum

Max Amount

KES 500K

Approval Time

Processing Fee

None

Kenya's largest credit-only MFI
APR from 5.25% - among lowest rates

Apply Now

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⭐ High-value loan needs (KES 1M+)

Stanbic Personal Loan

Stanbic Bank Kenya

Interest Rate

13% below average

13% - 17%

per annum

Max Amount

KES 15000K

Approval Time

3-5 business days

Processing Fee

2%

Loans up to KES 15 million
Long repayment period up to 7 years

Apply Now

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⭐ Cooperative society members

Co-op Bank Personal Loan

Co-operative Bank of Kenya

Interest Rate

Average rate

13.5% - 15.5%

per annum

Max Amount

KES 5000K

Approval Time

2-3 business days

Processing Fee

2%

Up to KES 5 million loan amount
Flexible repayment up to 5 years

Apply Now

View Details & 0 Reviews →

⭐ Large personal expenses

KCB Personal Secured Loan

Kenya Commercial Bank

Interest Rate

27% below average

11% - 14%

per annum

Max Amount

KES 20000K

Approval Time

2-5 working days

Processing Fee

1.5%

Lower interest rates due to security provided
Higher loan amounts up to KES 20M

Apply Now

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⭐ High-income earners needing large loans

ABSA Personal Loan

ABSA Bank Kenya

Interest Rate

Average rate

14% - 16.5%

per annum

Max Amount

KES 10000K

Approval Time

2-3 business days

Processing Fee

2.5%

Loan amounts up to KES 10 million
Flexible repayment up to 6 years

Apply Now

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⭐ Purchasing new vehicles

KCB Personal Car Loan

Kenya Commercial Bank

Interest Rate

13% below average

13% - 15.5%

per annum

Max Amount

KES 15000K

Approval Time

2-4 working days

Processing Fee

2%

Finance up to 100% of vehicle value
New and used vehicles accepted (up to 8 years old)

Apply Now

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⭐ Salaried employees

ABSA Unsecured Check-Off Loan

ABSA Bank Kenya

Interest Rate

13% below average

13% - 16%

per annum

Max Amount

KES 5000K

Approval Time

1-3 working days

Processing Fee

2.5%

No collateral required
Automatic salary deduction (check-off)

Apply Now

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Faulu Imara Loan

Faulu Microfinance Bank

Interest Rate

37% below average

9.5% - 34%

per annum

Max Amount

KES 3000K

Approval Time

Processing Fee

3%

Up to KES 3,000,000 loan amount
Terms up to 84 months (7 years)

Apply Now

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⭐ Emergency expenses

KCB Personal Unsecured Loan

Kenya Commercial Bank

Interest Rate

Average rate

14.5% - 17.5%

per annum

Max Amount

KES 3000K

Approval Time

1-3 working days

Processing Fee

3%

No collateral required
Fast approval (24-48 hours)

Apply Now

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⭐ Emergency expenses

Stanbic Personal Unsecured Loan

Stanbic Bank Kenya

Interest Rate

Average rate

14% - 17%

per annum

Max Amount

KES 4000K

Approval Time

2-4 working days

Processing Fee

3%

No collateral required
Fast approval (48-72 hours)

Apply Now

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⭐ Quick emergency loans

Mogo Personal Loan

Mogo Kenya

Interest Rate

Average rate

15% - 20%

per annum

Max Amount

KES 500K

Approval Time

24 hours

Processing Fee

3% of loan amount

Quick mobile app approval
Flexible repayment options

Apply Now

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⭐ Emergency cash needs

Mogo Car Logbook Loan

Mogo Kenya

Interest Rate

83% below average

2.5% - 4%

per annum

Max Amount

KES 5000K

Approval Time

Same day (2-6 hours)

Processing Fee

4%

Borrow up to 70% of vehicle value
Keep driving your car

Apply Now

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⭐ Salaried employees

NCBA Personal Loan

NCBA Bank

Interest Rate

20% below average

12% - 18%

per annum

Max Amount

KES 7000K

Approval Time

24-48 hours

Processing Fee

2.5%

Loan up to KES 7 million unsecured
Up to 90% of deposit for secured loans

Apply Now

View Details & 0 Reviews →

⭐ Debt consolidation

Equity Personal Loan

Equity Bank Kenya

Interest Rate

13% below average

13% - 16%

per annum

Max Amount

KES 5000K

Approval Time

1-2 working days

Processing Fee

2%

Quick approval within 48 hours
Flexible repayment up to 5 years

Apply Now

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⭐ High-income professionals

I&M Personal Loan

I&M Bank

Interest Rate

Average rate

14% - 18%

per annum

Max Amount

KES 10000K

Approval Time

24-48 hours

Processing Fee

2%

Premium personal loans up to KES 10 million
Top-rated mobile banking app

Apply Now

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⭐ Emergency expenses

KCB Personal Loan

Kenya Commercial Bank

Interest Rate

Average rate

13.5% - 16.5%

per annum

Max Amount

KES 5000K

Approval Time

1-3 working days

Processing Fee

2.5%

Quick approval (24-48 hours)
Flexible repayment terms (6-60 months)

Apply Now

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⭐ SME owners

DTB Personal Loan

Diamond Trust Bank

Interest Rate

Average rate

14% - 17%

per annum

Max Amount

KES 5000K

Approval Time

24-72 hours

Processing Fee

2%

Personal loans up to KES 5 million
Competitive rates from 14% p.a.

Apply Now

View Details & 0 Reviews →

Personal Loans in Kenya

Letshego Personal Loan

Stanbic Personal Loan

Co-op Bank Personal Loan

KCB Personal Secured Loan

ABSA Personal Loan

KCB Personal Car Loan

ABSA Unsecured Check-Off Loan

Faulu Imara Loan

KCB Personal Unsecured Loan

Stanbic Personal Unsecured Loan

Mogo Personal Loan

Mogo Car Logbook Loan

NCBA Personal Loan

Equity Personal Loan

I&M Personal Loan

KCB Personal Loan

DTB Personal Loan

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