Top 5 Bank Personal Loans in Kenya

In 2025, traditional banks remain a trusted source for unsecured personal loans in Kenya, offering competitive rates and flexible terms compared to many mobile lenders. Whether you need emergency cash, home improvements, or debt consolidation, these top banks have you covered.

1. KCB Bank

KCB’s Unsecured Personal Loan offers up to KSh 5,000,000 with interest rates from 14.6% per annum, now capped following the Central Bank’s base rate cut to 14.6%. No collateral is required for salaries above 3 months, and funds are disbursed in 1–3 working days.

2. Equity Bank

Equity’s Eazzy Loan provides personal loans ranging from KSh 100 to 3,000,000 with interest starting as low as 16.07% p.a. :contentReference[oaicite:2]{index=2}. Repayment can be structured over 1–24 months, and you can apply via the Equity App for instant decisions :contentReference[oaicite:3]{index=3}.

3. Absa Bank

Absa’s Personal Loan lets you borrow up to KSh 6,000,000 with no collateral, at rates starting around 15.28% :contentReference[oaicite:4]{index=4}. Repayment periods extend up to 96 months, and credit life insurance is available for additional security :contentReference[oaicite:5]{index=5}.

4. Stanbic Bank

Stanbic’s Unsecured Personal Loan requires only your National ID and proof of residence, offering amounts up to KSh 5,000,000 at competitive rates around 15.36%. Approval typically takes 2–5 days.

5. Co-operative Bank

Co-op Bank’s Personal Loan features rates as low as 14.75% and tenors up to 60 months. Salaried and self‑employed borrowers can apply, with funds available within 48 hours of approval.

How to Choose

Compare interest rates, fees, and processing times. Use our Loan Comparison Tool for a side‑by‑side analysis.