Below is a summary of personal loan interest rates offered by various banks and microfinance institutions as of November 2024.
Banks
- Equity Bank: 17.5%
- Cooperative Bank: 17.4%
- Kenya Commercial Bank (KCB): 18.5%
- National Bank: 18.2%
- Kingdom Bank: 16.5%
- I&M Bank: 17.8%
Microfinance Institutions
- Faulu Bank: 25.5%
- Kenya Women Finance Trust (KWFT): 25.7%
- Izwe Credit: 42%
- Mwananchi Credit: 41.6%
- Platinum Credit: 43%
- Premier Credit: 43%
- African Capital: 42%
We are in the process of compiling a comprehensive list of 175 Saccos licensed by the Sacco Society Regulatory Authority (SASRA), including their loan interest rates. Please check back regularly for updates.
