ABSA Personal Loan
Pros
- +Loan amounts up to KES 10 million
- +Flexible repayment up to 6 years
- +Competitive interest rates from 14%
- +Quick approval within 48 hours
Compare Co-op Bank and ABSA Bank side-by-side. Interest rates, fees, branch network, digital services, and customer reviews. Find out which bank is right for you.
| Feature | ABSA Personal Loan ABSA Bank Kenya |
|---|---|
| Interest Rate | 14% - 16.5% p.a. Best Rate |
| Loan Amount Range | KES 50,000 - KES 10,000,000 |
| Repayment Period |
12 - 72 months |
| Fees | Processing: 2.5%% Lowest Fees |
| Key Features |
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| View Details & Apply |
Both Co-op Bank and ABSA Bank are reputable CBK-licensed banks in Kenya. Co-op Bank has 170 branches while ABSA Bank has 80 branches. Co-op Bank was established in 1968 and ABSA Bank in 1916. The best choice depends on your specific needs, location, and the type of financial product you're looking for.
Co-op Bank is headquartered in Nairobi and offers 170+ branches nationwide, Strong cooperative banking heritage. ABSA Bank is headquartered in Nairobi and is known for Over 100 years of banking experience, Strong international banking network. They differ in their product offerings, interest rates, fees, and branch networks.
Interest rates vary by product type. For personal loans, rates typically range from 13-18% p.a. at both banks. Co-op Bank may offer lower rates for salary-backed loans, while ABSA Bank might have better rates for secured loans. Always compare specific products on PesaMarket for current rates.
Yes, you can have accounts at both Co-op Bank and ABSA Bank. Many Kenyans maintain multiple bank accounts to take advantage of different products and services. Both banks offer mobile banking integration with M-Pesa for easy transfers.
Both banks have robust mobile banking apps. Co-op Bank offers MCo-op Cash App with M-Pesa integration, while ABSA Bank provides Absa Banking App services. Check app store ratings and features that matter most to you.
Compare more financial products and find the best rates for your needs. PesaMarket helps thousands of Kenyans find the right financial products every month.