Details

At Standard Chartered, we understand that there are many things you want and need for your family. The best education for your children, make improvements on your home, take advantage of a great investment opportunity, post-graduate studies for yourself, a much-needed overseas holiday for the whole family.

Even better, your dream can become a reality sooner with our fast loan processing. We are committed to processing your Personal Loan in the 3 working days, guaranteed.* The money will be in the bank on the 4th working day. If we take any longer you get 3,000 KES no questions asked.

We offer 2 types of personal loans

  1. Personal Loan

    This is an unsecured personal loan facility for salaried customers who channel their salaries through a Standard Chartered Bank account.

  2. Scheme Loan
    The Scheme loan is a personal loan for employees of a company, which is administered through an agreement between Standard Chartered Bank and any participating company; in most instances, the repayment is made directly from payroll. This loan is also tailored to meet personal expenditure.

Features

3 day loan payout guaranteed
Important Note
The 3 working day loan processing is not applicable when:
  • Amount approved is less than 70% of applied loan amount
  • Bank awaits your salary into your account
  • Employer letter not submitted with application (for companies with a loan scheme arrangement with Standard Chartered Bank)
  • Employer call back confirmation is more than 1 day
  • Disbursement to other banks by RTGS will be done on the fourth day but no guarantee for account to be credited on the same day
Documentation you need:
  • Valid telephone numbers and addresses
  • Copy of ID / Passport
  • Proof of income (e.g. payslip)
  • Copy of work permit (where applicable)
  • Credit Insurance application form
  • Letter from your employer (scheme loans / specific company / new account holders)
  • Proof of residential address (Non - Standard Chartered Bank account holders only)
  • Certified salary account statements – last 6 months (Non - Standard Chartered Bank account holders only)
  • Certified loan account statements – last 6 months (balance transfer loans only)
  • Competitive interest rates
  • No security needed
  • Flexible repayment periods of 6 - 72 months
  • Borrow up to Kes.4,000,000
  • Loan top up via Mobile Banking. Dial *722#
  • Credit Life & Retrenchment Insurance Policy
  • Convenience and easy access; service at your doorstep.

Eligibility

    • A minimum gross salary of Kes 15,000 per month for Scheme loan and Kes 40,000 per month for Personal loan.

     

  •     Documents Required
    1. Standard Chartered Bank Customers
      • Proof of income (Certified copy of pay slip)
    2. Non-Standard Chartered Bank Customers
      • Introduction letter from employer on company letterhead
      • Six months original bank statements from current bankers
      • Copy of ID / Passport
      • Proof of income (Certified copy of pay slip)
      • One passport size photograph

Calculator

Please fill in the following information for an estimation of your repayment amount. The Approximate Monthly Repayment figure for Personal Loan is indicative and is not meant to be final or binding on the Bank. The Bank reserves the right to determine the final amount that can be borrowed.

16.9%

18.9%

21.9%

Apply Online

Click here to sign up now.

Sign Up Now

Call Us

Call our hotline for further information.

(020) 329 3900
0722-203666
0733-335511

Contact Me

Alternatively, please complete our contact form and we will be in touch as soon as possible.

Contact Me »

Locate Us

Visit the branch that is nearest to you.

Find a Branch »

You might also be interested in

Mortgages

Choosing the right mortgage is important. Find out about Standard Chartered Bank Kenya mortgage solutions tailor made to suit the needs of you and your family.

More details »
Non-resident Mortgages

At Standard Chartered Kenya, we offer mortgages to non-resident Kenyans looking to buy property as an investment or a place to stay when they return home.

More details »
Auto Loans

The Standard Chartered Bank Auto Loan will get you on the road in no time, with competitive interest rates, high loan amounts and flexible repayment plan.

More details »
Salary Overdraft

Standard Chartered Bank Kenya Overdraft is linked to your salary account and gives you access to cash when you need it most. Plus, you only pay interest on what you draw.

More details »

Haven't found what you were looking for?