Unsecured 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. This loan is for you, the employee of a company with a check-off agreement with NBK.

Why choose Unsecured Loan

  • <p>Short processing period</p>

    Short processing period

    Your loan takes a maximum of 48 hours to get processed     

  • <p>Easily accessible</p>
<p> </p>

    Easily accessible

     

    It’s readily available to employees of companies with a check-off agreement with the bank

  • <p>No need to provide an asset to secure the loan.</p>

    No need to provide an asset to secure the loan.

    No need to provide an asset to secure the loan.

  • <p>Easy payments</p>
<p> </p>

    Easy payments

     

    Payments are deducted each month from your pay by your employer

  • <p>Loan buy-offs</p>
<p> </p>

    Loan buy-offs

     

    You can buy off loans from other financial institutions i.e. micro finances and SACCO's

  • <p>Top up your loan</p>

    Top up your loan

    Get an additional loan for other needs after making 3 consecutive payments

Rates and fees

  • Loan amount – minimum of KSh 50,000 and maximum of KSh 6,000,000
  • 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

Internal costs

  • Appraisal fees

External costs

  • Excise duty
  • Risk margin (insurance against retrenchment and death)

I would like to get an estimate for a loan

Similar products you might be interested in

Forex
  • USD: Buying: 103.95 , Selling: 115.40
  • EURO: Buying: 127.65 , Selling: 142.90
  • Sterling Pound: Buying: 140.85 , Selling: 156.95
  • Canadian Dollar: Buying: 80.48 , Selling: 91.63
  • Australian Dollar: Buying: 79.22 , Selling: 90.80
  • Swiss Franc: Buying: 117.02 , Selling: 130.01
  • Japanese Yen: Buying: 0.9471 , Selling: 1.1092
  • Swedish Kroner: Buying: 10.8615 , Selling: 16.2620
  • Norwegian Kroner: Buying: 11.45 , Selling: 14.905
  • Danish Kroner: Buying: 17.325 , Selling: 19.395
  • Indian Rupee: Buying: 1.449 , Selling: 1.665
  • Tanzanian Shillings: Buying: 0.04261 , Selling: 0.05299
  • Uganda Shillings: Buying: 0.02486 , Selling: 0.035061
  • SA Rand: Buying: 5.5380 , Selling: 9.1805
  • Chinese Yuan: Buying: 15.895 , Selling: 18.710
  • UAE Dirham: Buying: 28.1210 , Selling: 32.2350
Unsecured Loan