Updated 1 November 2026
KCB loan interest rates in 2026 average 15.54% a year for personal loans, according to the figures KCB Bank Kenya filed on the industry Total Cost of Credit portal (updated 24 September 2026). That is the Central Bank Rate of 8.75% plus KCB’s average premium of 6.79%. Personal rates run from 12.92% for the best-priced borrowers to 19.63% at the top. Unsecured salary loans go up to KSh 4 million over 48 months, and the KCB M-PESA loan is priced at 8.80% for one month. Updated November 2026.
Updated November 2026. Sources: Total Cost of Credit portal (average, minimum and maximum rates by bank, read 1 November 2026) and KCB Kenya product pages for unsecured, secured, car, mobile, M-PESA and mortgage loans, read 1 November 2026. This is information, not financial advice.
KCB loan interest rates by loan type (2026)
Kenyan banks now publish their loan pricing as a reference rate plus a premium (“K”). KCB uses the Central Bank Rate (CBR), currently 8.75%.
| Loan category | KCB premium (average) | Average rate | Lowest | Highest |
|---|---|---|---|---|
| Personal | 6.79% | 15.54% | 12.92% | 19.63% |
| Asset finance | 7.13% | 15.88% | 14.32% | 19.88% |
| Business (MSME and trade finance) | 8.53% | 17.28% | 13.82% | 19.88% |
| Corporate | 4.46% | 13.21% | 12.22% | 17.64% |
| Mortgages | 4.95% | 13.70% | 12.79% | 17.48% |
Figures are as filed by KCB Bank Kenya on the Total Cost of Credit portal; the mortgage line was last updated on 11 June 2026 and the others on 24 September 2026. Your own rate depends on your credit score, income, security and whether your salary is paid into KCB.
KCB personal loans: limits and terms
| Product | Amount | Repayment period | Key requirement |
|---|---|---|---|
| Personal unsecured (non-check-off) | KSh 20,000 to KSh 4 million | Up to 48 months | Salaried, active KCB account for at least 3 months; no security |
| Personal secured | Based on the value of your security | Up to 120 months | Security such as a title or car logbook |
| Personal car loan | Based on the value of the car | Up to 72 months | Active KCB account for at least 3 months |
| KCB mobile loan (KCB app) | KSh 1,001 to KSh 300,000 | 1 day to 12 months | Account operated for 6 months; registered on mobile banking |
| KCB M-PESA loan | From KSh 1,000 | One month | Rate 8.80% per KCB’s product page |
| Mortgage and plot purchase | Based on property | Long term | KCB variable base rate (currently 15.6%) plus a risk margin |
The KCB M-PESA loan’s 8.80% is for a one-month loan, so it is not comparable with the yearly rates above; over a year of rolling it, it would cost far more. Compare it properly with our KCB M-PESA vs M-Shwari guide.
What a KCB personal loan costs: worked example
Here is a KSh 500,000 unsecured loan over 36 months on a reducing balance, at KCB’s lowest, average and highest published personal rates. Fees, insurance and excise duty come on top.
| Rate | Monthly instalment (KSh) | Total interest over 3 years (KSh) |
|---|---|---|
| 12.92% (lowest) | 16,828 | 105,798 |
| 15.54% (average) | 17,465 | 128,746 |
| 19.63% (highest) | 18,488 | 165,556 |
The gap between the best and worst rate on the same loan is about KSh 60,000 in interest. Run your own numbers in the KCB loan calculator.
Other costs on a KCB loan
- Credit life insurance: on mortgages KCB lists 0.34% a year of the amount advanced for a single borrower, plus 0.18% a year for each additional joint borrower.
- Appraisal or arrangement fees, legal fees and valuation for secured loans. Ask for the full Total Cost of Credit (TCC) statement, which banks must give you before you sign.
- Excise duty on loan fees charged by banks.
How KCB compares with other banks
On the same portal, Absa Bank Kenya’s average personal rate was 17.08% and NCBA’s 17.30% (updated early October 2026), both above KCB’s 15.54%. For the full ranking see best banks for personal loans in Kenya. If you prefer to borrow against savings, compare Sacco loan rates, which are often lower for members.
How to get a lower KCB loan rate
- Route your salary through KCB for at least 3 months before you apply.
- Check your CRB status first and clear any listing.
- Offer security (title or logbook) if you have it; secured loans price lower than unsecured ones.
- Ask the branch for the TCC statement and compare it with two other banks before signing.
For branches and customer care see KCB paybill, SWIFT code and contacts.
KCB loan interest rates: frequently asked questions
What is the KCB personal loan interest rate in 2026?
KCB’s average personal loan rate on the Total Cost of Credit portal is 15.54% a year (CBR 8.75% plus a 6.79% premium), with a range of 12.92% to 19.63%, as updated on 24 September 2026.
How much can I borrow from KCB without security?
The personal unsecured loan ranges from KSh 20,000 to KSh 4 million, repaid over up to 48 months, for salaried customers with an active KCB account for at least 3 months.
What is the KCB M-PESA loan interest rate?
KCB’s product page puts the KCB M-PESA loan rate at 8.80% for a one-month repayment period, with a minimum loan of KSh 1,000.
What is KCB’s mortgage interest rate?
The portal shows an average mortgage rate of 13.70% (range 12.79% to 17.48%). KCB’s mortgage product page describes risk-based pricing on its variable base rate, currently 15.6%, plus a risk margin, so ask for a written quote.
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