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: 126.50 , Selling: 131.50
  • EURO: Buying: 128.75 , Selling: 151.35
  • GBP: Buying: 156.60 , Selling: 174.11
  • Canadian Dollar: Buying: 90.87 , Selling: 105.47
  • Australian Dollar: Buying: 82.37 , Selling: 95.13
  • Swiss Franc: Buying: 137.71 , Selling: 157.90
  • Japanese Yen: Buying: 0.7574 , Selling: 0.9353
  • Swedish Kroner: Buying: 9.166 , Selling: 15.7398
  • Norwegian Kroner: Buying: 9.6030 , Selling: 15.4503
  • Danish Kroner: Buying: 16.212 , Selling: 20.442
  • Indian Rupee: Buying: 1.3786 , Selling: 1.8786
  • Tanzanian Shillings: Buying: 0.0463 , Selling: 0.0576
  • Uganda Shillings: Buying: 0.0301 , Selling: 0.413
  • SA Rand: Buying: 4.98 , Selling: 9.22.85
  • Chinese Yuan: Buying: 17.5900 , Selling: 19.9900
  • UAE Dirham: Buying: 32.4239 , Selling: 39..4809
  • RWF: Buying: 0.0920 , Selling: 0.1462