I&M Bank loan rate today.
I&M Bank prices loans at a weighted-average of 16.90% per the Central Bank of Kenya — ranked #29 of 38 cheapest. A Ksh 1,000,000 loan over 5 years runs at about Ksh 24,799/month.
Lending rate
16.90%
#29 of 38 cheapest
Monthly (1M · 5y)
Ksh 24,799
Industry avg Ksh 24,315
Total interest (1M · 5y)
Ksh 487,930
vs Ksh 458,907 at industry avg
Calculate your I&M Bank 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
+0.91 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 28,449
For 60 months · incl. fees
Total repaid
Ksh 1,644,388
Principal Ksh 1,000,000 + Ksh 644,388 extras
Effective APR
22.80%
Advertised rate 16.90% · 48.8% 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 158,557 | Ksh 139,029 | Ksh 860,971 |
| 2 | Ksh 291,710 | Ksh 303,462 | Ksh 696,538 |
| 3 | Ksh 394,818 | Ksh 497,941 | Ksh 502,059 |
| 4 | Ksh 462,389 | Ksh 727,956 | Ksh 272,044 |
| 5 | Ksh 487,930 | Ksh 1,000,000 | Ksh 0 |
About this loan rate
This page focuses on the current I&M Bank loan rate and repayment calculator. Compare all banks on the loan interest rates today page.
Popular I&M Bank loan scenarios
Pre-calculated repayments at I&M Bank's current lending rate.
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