Unsecured Loan

Get an easy loan of up to 6 Million shillings without security 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 is a quick loan with a turnaround time of less than 48 hours. It’s designed for 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)

Interested in Unsecured Loan or have a question?

I would like to get an estimate for a loan

Similar products you might be interested in

Forex
  • USD: Buying: 131.75 , Selling: 143.45
  • EURO: Buying: 139.80 , Selling: 161.45
  • GBP: Buying: 160.50 , Selling: 180.91
  • Canadian Dollar: Buying: 93.72 , Selling: 112.42
  • Australian Dollar: Buying: 82.62 , Selling: 99.03
  • Swiss Franc: Buying: 143.51 , Selling: 165.70
  • Japanese Yen: Buying: 0.8795 , Selling: 1.0916
  • Swedish Kroner: Buying: 9.468 , Selling: 16.0423
  • Norwegian Kroner: Buying: 9.5430 , Selling: 15.3903
  • Danish Kroner: Buying: 17.0415 , Selling: 21.2774
  • Indian Rupee: Buying: 1.4206 , Selling: 1.9701
  • Tanzanian Shillings: Buying: 0.0539 , Selling: 0.0652
  • Uganda Shillings: Buying: 0.0323 , Selling: 0.0436
  • SA Rand: Buying: 4.98 , Selling: 9.22
  • Chinese Yuan: Buying: 18.4300 , Selling: 21.4300
  • UAE Dirham: Buying: 34.0089 , Selling: 41.0759
  • RWF: Buying: 0.1086 , Selling: 0.1927