Cheapest banks to get loans from

In March 2026, data from the Central Bank of Kenya identified the top ten most affordable financial institutions for borrowers based on their lending interest rates.

Citibank N.A Kenya led the market as the cheapest option with an interest rate of 10.80 per cent.

It was followed by Stanbic Bank Kenya Limited and Standard Chartered Bank Kenya Limited, which offered rates of 11.75 per cent and 11.87 per cent, respectively.

Other competitive lenders included Habib Bank A.G Zurich at 12.66 per cent and Guardian Bank Limited at 13.56 per cent.

Bank of Baroda Kenya Limited provided loans at 13.75 per cent, while ABSA Bank Kenya PLC followed closely at 14.00 per cent.

The list concluded with Consolidated Bank of Kenya Limited at 14.01 per cent, Paramount Bank Limited at 14.08 per cent, and Prime Bank Limited at 14.09 per cent.

These figures highlight the most cost-effective choices for consumers seeking credit during this period.