Reviews
Personal Loans Updated: 14. 04. 2026

Equity Bank Personal Loan – review 2026

4,4 / 5

Equity Bank offers secured and unsecured personal loans to salaried employees and business owners in Kenya. Interest rates range from 13% to 24% per annum depending on the applicant's credit profile and whether collateral is provided. Equity Bank is regulated by the Central Bank of Kenya and is listed on the Nairobi Securities Exchange.

Pros

  • Competitive interest rates from 13% per annum
  • Loan amounts up to KES 4,000,000
  • Flexible repayment up to 60 months
  • Available to both salaried and self-employed applicants
  • Regulated by the Central Bank of Kenya

Cons

  • Requires proof of income and supporting documentation
  • Processing can take up to 48 hours for larger amounts
  • Higher rates apply for unsecured facilities
  • Early repayment fees may apply
  • Branch visit may be required for initial application

Requirements

  • Valid Kenyan national ID or passport
  • Proof of regular income (payslips or bank statements)
  • KRA PIN certificate
  • Active Equity Bank account
  • Minimum age of 18 years

Company information

Name
Equity Bank (Kenya) Limited
Address
Equity Centre, Upper Hill, P.O. Box 75104-00200, Nairobi, Kenya
Web

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.