Everything You Need to Know About National Bank of Kenya Loans

The National Bank of Kenya (NBK) offers a variety of loan options to suit your personal and business needs. Whether you’re looking to grow your business, invest in a project, or finally buy that dream car, NBK has a loan solution for you. Here are some of the popular loan options available at the National Bank of Kenya.

National Bank of Kenya Business Loans

1. National Bank of Kenya SME Business Loan

This loan caters to small and medium-sized enterprises (SMEs) looking for financing to propel their short- and long-term goals.


  • Secured or unsecured loan options
  • Loan limit: Up to Ksh 3 million


  • Flexible repayment periods (up to 12 months)
  • Competitive interest rates


  • Demonstrate ability to repay the loan
  • Minimum of two years in business
  • Credit Life Insurance against death & permanent disability

Loan Rates & Fees:

  • Interest rate – 13%
  • Negotiation fee 3%
  • Maximum repayment period of 12 months

*Charges are not inclusive of tax

A bank representative may call you at any time to obtain further information in line with our KYC process. At no point shall you be asked for your PIN or passwords. Remember, PIN yako siri yako.

2. National Bank of Kenya Jenga Biashara Loan

This loan is specifically designed for small businesses seeking to expand.


  • Designed for small business expansion
  • Loan limit: Up to Ksh 5 Million
  • Quick processing times


  • One of the quickest business loans in Kenya
  • Insurance cover on purchased assets
  • Low interest rate on reducing balance
  • Flexible collateral requirements (type depends on loan amount)


  • One year of business operation
  • 12 months bank statements (for non-NBK customers)
  • Business permit and certificates
  • Business records

Rates and fees:

  • Interest rate – 13% (CBR rate 9% plus Bank Variable margin of 4%)
  • Application fee – 3%
  • Credit life and Stock loss insurance cover – 1% of the approved loan amount

*Charges are not inclusive of tax

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3. National Bank of Kenya Jenga Chama Loan

This loan empowers investment groups (chamas) to take on ventures like construction, agribusiness, or property acquisition.


  • Loan for investment groups (chamas)
  • Loan limit: Up to Ksh 50 Million
  • Fast loan processing (within 48 hours)


  • Flexible financing for various investments or projects
  • Low interest rate on reducing balance
  • Flexible repayment periods (up to 72 months)
  • Legal support for company registration (if desired)
  • Capacity building forums for groups


  • Group must be at least one year old
  • 12 months statement for non-National Bank customers
  • Group Registration certificate
  • Group Constitution

Rates and fees

  • Low interest rate on reducing balance


National Bank of Kenya Personal Loans

1. National Bank of Kenya Shariah Compliant Unsecured Personal Loan

This loan caters to individuals seeking financing for various purposes, adhering to Islamic banking principles.


  • Unsecured loan based on Islamic banking principles
  • Loan limit: Up to Ksh 8 Million


  • Favorable foreign exchange rates
  • Access to NBK branches and Amanah Centers countrywide
  • Safekeeping services for your assets
  • Flexible repayment options (up to 84 months)


  • Have an NBK salary account
  • A check off system with the employer

2. National Bank of Kenya Unsecured Loan

This is a convenient loan option for salaried individuals employed by companies with a check-off agreement with NBK.


  • Unsecured loan for salaried individuals
  • Loan limit: Ksh 50,000 – Ksh 6 million
  • Quick processing time (less than 48 hours)


  • Easy access for qualifying individuals
  • No security required
  • Convenient repayments deducted from your salary
  • Loan buy-offs from other financial institutions
  • Loan top-ups after 3 consecutive payments

Rates and Fees:

  • Interest Rate – CBR + Bank Margin % p.a reducing balance
  • Tenure – minimum of 6 months and a maximum of 84 months
  • Negotiation fees – 2% for new loans and buy offs; 1.5% for top-ups
  • Other charges (not inclusive of tax): internal costs (appraisal fees), external costs (excise duty, risk margin insurance),

Read Also : How to Get Started with SC Juza

3. National Bank of Kenya Cash-backed Car Loan

This loan allows you to purchase a new or used car, finance major repairs, or replace parts at negotiated rates.


  • Loan for purchasing a new or used car, major repairs, or part replacements
  • Loan amount: Up to 100% of the car value

Repayment period:

  • 48 months (used car)
  • 60 months (new car)

Rates and Fees:

  • Internal costs (negotiation fees)
  • External costs (comprehensive car insurance, car group life cover, valuation fees, car tracker charges, registration/logbook transfer charges)
  • Chattels mortgage over the car in favor of the bank

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