National Bank of Kenya loan rate today.
National Bank of Kenya prices loans at a weighted-average of 15.87% per the Central Bank of Kenya — ranked #22 of 38 cheapest. A Ksh 1,000,000 loan over 5 years runs at about Ksh 24,249/month.
Lending rate
15.87%
#22 of 38 cheapest
Monthly (1M · 5y)
Ksh 24,249
Industry avg Ksh 24,315
Total interest (1M · 5y)
Ksh 454,942
vs Ksh 458,907 at industry avg
Calculate your National Bank of Kenya 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
-0.12 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 27,727
For 60 months · incl. fees
Total repaid
Ksh 1,604,598
Principal Ksh 1,000,000 + Ksh 604,598 extras
Effective APR
21.54%
Advertised rate 15.87% · 45.5% 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 148,641 | Ksh 142,348 | Ksh 857,652 |
| 2 | Ksh 272,973 | Ksh 309,004 | Ksh 690,996 |
| 3 | Ksh 368,845 | Ksh 504,120 | Ksh 495,880 |
| 4 | Ksh 431,399 | Ksh 732,555 | Ksh 267,445 |
| 5 | Ksh 454,942 | Ksh 1,000,000 | Ksh 0 |
About this loan rate
This page focuses on the current National Bank of Kenya loan rate and repayment calculator. Compare all banks on the loan interest rates today page.
Popular National Bank of Kenya loan scenarios
Pre-calculated repayments at National Bank of Kenya's current lending rate.
All Kenyan lenders
- Citibank N.A. Kenya 10.36%
- Stanbic Bank Kenya 12.84%
- Standard Chartered Bank Kenya 13.35%
- Guardian Bank 13.57%
- Consolidated Bank of Kenya 13.61%
- Ecobank Kenya 13.72%
- Paramount Bank 14.47%
- Habib Bank A.G. Zurich 14.55%
- Gulf African Bank 14.77%
- Equity Bank Kenya 14.89%
- Bank of India 14.94%
- Premier Bank Kenya 15.12%
- Bank of Baroda (Kenya)