500 to Ksh. Okash Loan App under Opera Group’s subsidiary Opay is a fast lender giving out small mobile loans to Smartphone users in Kenya. Sitemap | Absa Bank Kenya PLC. By taking up an unsecured personal loan with us, we will not need you to provide any property or collateral to ‘secure’ or guarantee the loan. Please accept our sincere apologies for any inconveniences caused. Find Us. Current Contract Letter must be provided by Customers employed on contract, Commission income earners and expatriates. Call Us +254 711 074 000 or +254 711 074 074. Others even issue business loans of up to Ksh. This loan … Masaba Rd. Apply For a Personal Unsecured Loan. The repayment for Mco-op cash loan is 1 month or 3 months and you have to choose when applying. It is now easy to get instant unsecured loans through Loan Apps in Kenya. Formerly known as “mkopo rahisi,” Tala was the first instant mobile loans … However, there is only one disadvantage, which is that the loans are limited. As you might be aware, Equity Bank also has a number of unsecured loans for small traders and individuals. Scheme loan – unsecured loan for the employees of an institution which is given through an agreement between the institution and Barclays bank. Access The HF Whiz Loan Via USSD. QUICK LOANS is Quick Cash- Short Term Cash Advances available to employed Staff.Approved advances are paid SAME DAY by direct credit to your Bank Account or MPESA.Apply by … The Maximum loan Limit by HF … For Mobile App loans… The check-off loan of up to Kes 4 Million, is repayable in up to 72 months (6 years), with monthly repayments remitted by your employer. Secured Loan; Unsecured Loan; Salary Advance; Check Off Unsecured; Mortgages. Quick loans In Kenya. Expatriate loan – a loan product tailored for a foreign national holding professional qualification who has worked in Kenya for a while. The Maximum loan Limit by … The unsecured personal loan with bank of Africa ranges from Kshs.50, 000 up to Kshs.2, 000,000. 1.72 million jobs lost in Kenya between April and July 2020 News ... unsecured loans are given by the lender without any need for the borrower to offer up any security. The charges on the loans are 8% and are deducted up-front before the loan is deposited into your account. … Kenya on Wednesday launched a Ksh 1 billion unsecured loan scheme to enable women who are majority of farmers in the country to access loans. To Apply Visit any Absa bank Kenya branch or call : This is the newest bank after the merging of NIC and CBA banks. To qualify, one must have the following terms met. With the advent of mobile banking, many people can now obtain unsecured mobile loans in Kenya … The repayment … Nairobi Kenya NIC House Zenka offers a simple registration and application process. The Central Bank of Kenya (CBK) has continued to retain the benchmark lending rate at 9 percent meaning banks in the country can only give loans with a maximum interest rate of 13-14 percent. Prior to KCB Mpesa loan … Remember, the Mshwari loan is instant-and-unsecured. Unsecured Loan. Mobile Loans in Kenya. The limitation with these unsecured loans in Kenya is the cap on the amount you can borrow … Getting personal loans online in Kenya is now faster and easier than getting a traditional bank loan thanks to the introduction of Mobile Banking. Swift Code: NINCKENA. Contact your nearest Bidii Credit branch today or call us on 0709 840 000. Six months bank statement from another bank if you don't bank with Stanbic bank. 2. They give unsecured first loans up to a maximum of kshs. Banks in kenya are known to give loans only with security but there are banks offering unsecured loans unknown to many. KCB Unsecured personal loans have up to a maximum of 48 months loan repayment period. Banks like Equity Bank, CO-operative bank, National Bank, Post Bank e.t.c… Disbursement is to KCB M-PESA Account and the Loan limits are between Kshs.100 to KSh 500,000 and with an option to top up. Simply provide proof of a steady income, be an active KCB … Quick loans In Kenya. Another interesting instant unsecured loan in Kenya is the HF Whiz Loan by The HF Group. It was founded in the year 1911 and its headquarters is in Nairobi, Kenya. Tel: +254(20) 2888217 Rental income should be channeled through NICB account & Original or certified true copy of tenancy agreement provide, supported by Deed of Rental Assignment upon loan approval. Zawadi Loans. Banks like Equity Bank, CO-operative bank, National Bank, Post Bank e.t.c, do provide loans but they all need some security and may not help if you need the cash in 24 hours. BANKS WITH UNSECURED LOANS 1 NIC BANK unsecured loans Below is a list of mobile loan apps where you can access loans without security in Kenya;-1. It started in 2015, it is a savings account that allows you access instant loans of up to a million Kenyan shillings by dialing *844# You are even able to borrow instantly without saving. Ngong lane, off Ngong Road. Apply … You can borrow from as little as 2,000 to a maximum of 200,000 at an affordable interest rate. Unsecured student loans in Kenya are available with National bank. According to research, most people survive on mobile loans in Kenya. To Apply for the loans visit any Stanbic bank Kenya branch or call on +254 020 3268 888. Through … … Personal Unsecured Non-check Off Loan. Haraka loan is another super quick way to acquire a loan without security in Kenya from anywhere via your mobile phone. The best news about most of these apps is that anyone can access loans in Kenya without security. Get all latest content delivered straight to your inbox. To get this loan, you can be either a Kenya Commercial Bank member or be an active Mpesa user. Personal Loan. Get a loan of up to 6 Million shillings without collateral and achieve your dreams; get the best education for your children, go on a shopping spree in Dubai, put up a down payment for your dream house, take advantage of that investment opportunity. NCBA gives you access to personal loans from Sh100,000 up to Sh7 million at competitive rates and flexible payments. KCB/Mpesa Loan. The loans attract interest rates not exceeding 14.5 %, meaning that the bank charged the least interest rates in the market. Unsecured Loans in Kenya via Mpesa You might be interested in a quick unsecured loan via mpesa with low intereate rates and you have no idea where to start from. Interest rate charged on KCB Unsecured personal loans is 13% pa with a negotiation fee of 2.5% of the loan. Fax: +254 (20) 2888505 Unsecured Loan. NIC House Most of these apps issue unsecured personal loans ranging from Ksh. Your salary determines the amount you qualify for. Must have an account with KCB bank not less than 3 months old. Your salary determines the amount you qualify for. Upperhill. Has got competitive interest rates and fees, Applicant must be employed for the last 2 years, Be a salaried employee earning a minimum net salary of ksh 40,000 a month, Letter from employer confirming terms of employment.