Standard Chartered Bank Kenya loan calculator for Ksh 1,000,000 over 3 years.
Estimate repayment for a Standard Chartered Bank Kenya loan using the current 13.35% lending rate. Edit amount, term, rate and common Kenyan loan fees below.
Estimated monthly repayment
Ksh 33,863
36 monthly payments
Estimated total repayment
Ksh 1,219,060
Ksh 1,000,000 principal + interest
Estimated interest
Ksh 219,060
At 13.35%
Current Standard Chartered Bank Kenya loan interest rate
Standard Chartered Bank Kenya is listed at 13.35% weighted-average lending rate in this snapshot. The Kenya commercial-bank average is 15.99%.
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Loan details
KESCentral Bank of Kenya · May 2025
-2.64 pp vs industry average
Fees & duties
Processing, insurance, and 20% excise on interest.
CRB check, legal, valuation, stamp duty.
Monthly payment
Ksh 36,921
For 36 months · incl. fees
Total repaid
Ksh 1,309,281
Principal Ksh 1,000,000 + Ksh 309,281 extras
Effective APR
19.25%
Advertised rate 13.35% · 21.9% interest on principal
Repayment mix over 3 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 116,170 | Ksh 290,183 | Ksh 709,817 |
| 2 | Ksh 191,140 | Ksh 621,567 | Ksh 378,433 |
| 3 | Ksh 219,060 | Ksh 1,000,000 | Ksh 0 |
What affects repayment?
Monthly repayment depends on loan amount, term, lending rate, processing fee, insurance and excise duty on interest.
Longer term tradeoff
A longer term can reduce monthly instalments but usually increases total interest paid over the life of the loan.
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Weighted-average rates differ by bank. Compare this loan against cheaper banks before applying.