Updated 1 November 2026
Stanbic loan interest rates in 2026 average 15.54% a year for personal loans, according to Stanbic Bank Kenya’s filing on the industry Total Cost of Credit portal (updated 6 October 2026). Unlike most big banks, Stanbic prices off KESONIA, the overnight interbank rate (8.75% in its filing), plus an average premium of 6.79%. Personal rates run from 8.76% to 22.61%. Unsecured loans go from KSh 100,000 to KSh 7 million over up to 96 months. Updated November 2026.
Updated November 2026. Sources: Total Cost of Credit portal (read 1 November 2026) and Stanbic Bank Kenya’s unsecured personal loan page (read 1 November 2026). Stanbic Bank Kenya is licensed by the Central Bank of Kenya. This is information, not financial advice.
Stanbic loan interest rates by loan type (2026)
| Loan category | Stanbic premium (average) | Average rate | Lowest | Highest |
|---|---|---|---|---|
| Personal | 6.79% | 15.54% | 8.76% | 22.61% |
| Asset finance | 6.77% | 15.52% | 8.76% | 23.95% |
| Business (MSME and trade finance) | 5.90% | 14.65% | 8.76% | 25.48% |
| Corporate | 1.75% | 10.50% | 9.05% | 13.06% |
| Digital loans | 9.20% | 17.95% | 8.76% | 23.95% |
| Mortgages | 6.69% | 15.44% | 8.76% | 18.21% |
Rates are KESONIA (8.7506%, as filed on 24 August 2026) plus Stanbic’s premium, updated 6 October 2026 and rounded here to two decimals. The 8.76% “lowest” means some borrowers pay almost no premium; most pay well above it.
What KESONIA pricing means for you
KESONIA (Kenya Shilling Overnight Interbank Average) is published daily by the Central Bank of Kenya. Banks that use it reset variable loan rates as the interbank rate moves, rather than waiting for a Central Bank Rate decision. If interbank rates rise, your Stanbic rate can rise even when the CBR stays the same, and the other way round. Ask Stanbic how often your rate resets and whether it changes your instalment or your loan term.
Stanbic unsecured personal loan: limits and requirements
- Amount: KSh 100,000 to KSh 7 million, subject to terms and eligibility.
- Term: up to 96 months.
- Approval: within 48 hours after Stanbic receives all your supporting documents.
- Top-up: available after six months of repaying.
- Documents: 3 months’ statements from your current bank or a recent payslip, a copy of your national ID, and proof of residence (utility bill or lease).
Stanbic also offers a revolving salary advance (“bridging loan”) through the month and a mortgage it markets as 105% financing. Compare salary advances in our salary advance loans guide.
What a Stanbic personal loan costs: worked example
KSh 500,000 over 36 months on a reducing balance at Stanbic’s lowest, average and highest filed personal rates (fees and insurance not included):
| Rate | Monthly instalment (KSh) | Total interest over 3 years (KSh) |
|---|---|---|
| 8.76% (lowest) | 15,844 | 70,392 |
| 15.54% (average) | 17,465 | 128,752 |
| 22.61% (highest) | 19,254 | 193,127 |
Run other amounts in the Stanbic loan calculator.
How Stanbic compares with other banks
| Bank | Reference rate | Average personal rate | Max unsecured |
|---|---|---|---|
| Stanbic | KESONIA | 15.54% | KSh 7 million |
| KCB | CBR | 15.54% | KSh 4 million |
| Absa | CBR | 17.08% | KSh 6 million |
| NCBA | CBR | 17.30% | KSh 6 million (check-off) |
Stanbic and KCB file the same 15.54% average, but Stanbic lends more without security and its range is wider. See KCB loan interest rates, Absa vs Stanbic vs Standard Chartered and Stanbic vs Equity Bank.
How to get a lower Stanbic loan rate
- Bank your salary with Stanbic; a known income history lowers the risk premium the bank charges you.
- Clear any CRB listing and keep existing loans and mobile borrowing up to date before you apply.
- Ask for the Total Cost of Credit statement, which shows the interest, facility fee, insurance and excise duty together, and compare it with at least two other banks.
- If you are offered a rate near the top of the range, ask what would move you down: a bigger deposit, a shorter term, a guarantor or security.
Stanbic loan interest rates: frequently asked questions
What is the Stanbic personal loan interest rate in 2026?
The average filed on the Total Cost of Credit portal is 15.54% a year (KESONIA 8.75% plus a 6.79% premium), with a range of 8.76% to 22.61%, updated 6 October 2026.
How much can I borrow from Stanbic without security?
From KSh 100,000 up to KSh 7 million, repaid over up to 96 months, subject to eligibility.
How long does a Stanbic loan take to approve?
Stanbic says approval comes within 48 hours after it receives all your supporting documents.
Why does Stanbic use KESONIA instead of the CBR?
KESONIA is the daily interbank rate published by the Central Bank of Kenya and can be used as a lending reference rate for variable shilling loans. It moves more often than the CBR, so your rate can change between CBR decisions.
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