Real rates from banks and fintechs. Compared side by side, no affiliate bias.
Scores based on editorial review methodology
Best for: Kenyan citizens or residents with a steady income looking for vehicle financing between KES 500,000 and KES 15,000,000.
APR
13.0–18.0%
Amount
KSh500k
Term
12–60mo
Speed
3-5 business days
With competitive interest rates starting at 13.0%, the Stanbic Bank Vehicle Loan is those looking to finance a vehicle. However, the requirement for insurance and proof of regular income may limit accessibility for some applicants.
Read review→
Best for: This loan is best for first-time homebuyers looking for affordable housing solutions with predictable monthly payments and interest rates.
APR
8.99–12.0%
Amount
Up to KSh10
Term
≤300mo
The Stanbic Affordable Housing Loan offers a competitive fixed rate, making it an attractive option for homebuyers in Kenya. However, potential borrowers should consider their overall financial situation before applying.
Read review→
Best for: This loan is best for employed individuals seeking quick access to funds without collateral, especially those with a regular salary.
APR
15.0–18.0%
Amount
KSh10k–KSh5M
Term
12–72mo
Speed
2-5 business days
KCB Bank offers a reliable unsecured personal loan option for salaried individuals, but borrowers should be aware of the associated interest rates.
Read review→Best for: This service is best for Kenyan residents looking to buy a car with minimal upfront costs.
APR
20.0–36.0%
Amount
KSh200k–KSh5M
Term
12–48mo
Speed
48 hours
Watu Gari provides a solid option for those needing substantial car financing quickly.
Read review→Best for: This loan is ideal for individuals needing fast cash for emergencies or unexpected expenses, especially those familiar with M-PESA transactions.
APR
0.0–120.0%
Amount
KSh500–KSh30k
Term
3–3mo
Speed
Minutes
Zenka offers a convenient way to access personal loans up to KES 200,000 through a user-friendly mobile app. However, potential borrowers should be cautious of the interest rates.
Read review→
Best for: Kenyan residents with regular income seeking to finance either a new or used vehicle.
APR
13.0–17.0%
Amount
KSh500k
Term
12–72mo
Speed
3-5 business days
DTB Car Finance provides for those looking to finance a vehicle with up to 100% financing for new cars, but the 13% to 17% APR can be steep for longer repayment terms.
Read review→
Best for: This loan is ideal for individuals looking for flexible repayment options and relatively low interest rates in the Kenyan market.
APR
11.0–15.0%
Amount
KSh20k–KSh3M
Term
12–60mo
Speed
2-5 business days
Ecobank offers competitive personal loan rates, making it a solid option for those seeking financial assistance. However, borrowers should carefully consider the terms and conditions before proceeding.
Read review→
Best for: Individuals looking for flexible car financing options with a decent credit score and a stable income.
APR
18.0–36.0%
Amount
KSh100k–KSh2.5M
Term
6–48mo
Speed
Fast approval, same-day disbursement possible
MOGO's car loan is appealing for its fast approval and high loan limits, but the interest rates ranging from 18% to 36% can be steep, especially for long-term borrowers.
Read review→
Best for: Ideal for individuals seeking a substantial unsecured loan with a lengthy repayment period and credit life insurance.
APR
13.0–16.0%
Amount
KSh50k–KSh5M
Term
12–72mo
Speed
2-3 business days
ABSA Bank offers competitive personal loan rates with flexible repayment options, making it a viable choice for borrowers in Kenya.
Read review→Best for: Individuals with stable incomes looking to finance a vehicle costing between KES 500,000 and KES 10,000,000.
APR
14.0–18.0%
Amount
KSh500k
Term
12–48mo
Speed
3-5 business days
I&M Bank's car loan is an attractive option for those needing significant financing, but the 14-18% interest rate can make it costly over the long term. The requirement for a 20% deposit may also deter some potential borrowers.
Read review→
Best for: Ideal for individuals needing quick cash with a flexible repayment plan based on their savings and payment history.
APR
88.0–107.0%
Amount
KSh50–KSh150k
Term
3–6mo
Speed
Instant
The KCB M-PESA loan offers a convenient way to access funds instantly through your mobile phone. However, borrowers should carefully consider the fees and repayment terms.
Read review→
Best for: This loan is best for individuals looking to finance up to 90% of a vehicle's value, with flexible repayment options.
APR
14.0–19.0%
Amount
KSh500k
Term
12–60mo
Speed
Quick processing through KCB branches
KCB Car Loan offers substantial financing options for vehicle buyers, making it a viable choice for many Kenyans.
Read review→
Best for: This loan is ideal for individuals needing immediate cash for personal emergencies or unexpected expenses.
APR
24.0–108.0%
Amount
KSh250–KSh70k
Term
3–12mo
Speed
Minutes
Branch Personal Loan offers quick and flexible financing options, but users should be cautious of varying interest rates.
Read review→
Best for: This loan is best for individuals seeking both secured and unsecured options, particularly those who value a trusted bank with a regional presence.
APR
14.0–17.0%
Amount
KSh50k–KSh3M
Term
12–60mo
Speed
2-5 business days
DTB offers competitive personal loan options with flexible terms, making it a solid choice for many borrowers in Kenya.
Read review→
Best for: This loan is best suited for individuals and businesses in semi-urban and rural Kenya looking for reliable funding options.
APR
15.0–18.0%
Amount
KSh10k–KSh3M
Term
12–60mo
Speed
2-5 business days
The Family Bank Personal Loan offers accessible financing for SMEs and middle-income earners, but its interest rates are higher than average.
Read review→
Best for: This loan is best for individuals looking for both secured and unsecured options at a lower interest rate, especially following the recent CBK rate cuts.
APR
14.0–17.0%
Amount
KSh10k–KSh5M
Term
12–72mo
Speed
1-3 business days
Equity Bank offers competitive personal loan options with flexible rates and terms, making it a solid choice for many borrowers.
Read review→Best for: This loan is best for women entrepreneurs and salaried employees in need of financial support. KWFT's focus on women sets it apart in Kenya’s microfinance space.
APR
18.0–22.0%
Amount
KSh5k–KSh2M
Term
6–48mo
Speed
1-3 business days
KWFT Personal Loan is a solid choice for women looking to finance their ventures or manage personal expenses. Its targeted approach and extensive branch network make it accessible and practical.
Read review→Best for: This loan is best for individuals seeking significant funding without collateral and those wanting the security of retrenchment cover.
APR
12.0–15.0%
Amount
KSh50k–KSh7M
Term
12–72mo
Speed
2-3 business days
The Standard Chartered Kenya Personal Loan offers competitive rates and a flexible repayment period, making it a viable option for many borrowers.
Read review→
Best for: This loan is best for individuals seeking unsecured financing with flexible repayment terms, especially those with stable salaries.
APR
14.0–18.0%
Amount
KSh50k–KSh3M
Term
12–60mo
Speed
2-5 business days
The National Bank of Kenya offers a reasonable personal loan option for salaried employees, but borrowers should assess their financial situation carefully.
Read review→
Best for: This loan is best suited for individuals seeking both traditional and digital lending solutions with a reputable bank.
APR
15.0–18.0%
Amount
KSh20k–KSh5M
Term
12–72mo
Speed
2-5 business days
The NCBA Bank Personal Loan offers competitive rates and flexible options, making it a viable choice for many borrowers.
Read review→
