African Banking Corporation loan rate today.
African Banking Corporation prices loans at a weighted-average of 17.31% per the Central Bank of Kenya — ranked #30 of 38 cheapest. A Ksh 1,000,000 loan over 5 years runs at about Ksh 25,020/month.
Lending rate
17.31%
#30 of 38 cheapest
Monthly (1M · 5y)
Ksh 25,020
Industry avg Ksh 24,315
Total interest (1M · 5y)
Ksh 501,174
vs Ksh 458,907 at industry avg
Calculate your African Banking Corporation loan
Enter any loan amount and term to see your monthly repayment, total cost, and full amortisation schedule.
Loan details
KESCentral Bank of Kenya · May 2025
+1.32 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 28,738
For 60 months · incl. fees
Total repaid
Ksh 1,660,362
Principal Ksh 1,000,000 + Ksh 660,362 extras
Effective APR
23.30%
Advertised rate 17.31% · 50.1% interest on principal
Repayment mix over 5 years
Early payments lean on interest; later ones clear principal.
Amortisation (yearly)
End of year · KES| Year | Interest paid | Principal paid | Balance |
|---|---|---|---|
| 0 | Ksh 0 | Ksh 0 | Ksh 1,000,000 |
| 1 | Ksh 162,512 | Ksh 137,722 | Ksh 862,278 |
| 2 | Ksh 299,200 | Ksh 301,270 | Ksh 698,730 |
| 3 | Ksh 405,219 | Ksh 495,485 | Ksh 504,515 |
| 4 | Ksh 474,820 | Ksh 726,119 | Ksh 273,881 |
| 5 | Ksh 501,174 | Ksh 1,000,000 | Ksh 0 |
About this loan rate
This page focuses on the current African Banking Corporation loan rate and repayment calculator. Compare all banks on the loan interest rates today page.
Popular African Banking Corporation loan scenarios
Pre-calculated repayments at African Banking Corporation's current lending rate.
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