KCB BANK LOANS
KCB Bank is a part of KCB Group of companies. It offers the following credit facilities:
For a loan that you might take as an individual with KCB for which you must give a collateral such as land title deed the loan amount depends on your repayment capabilities and the repayment period is of up to 5 years. The standard requirements for such a loan are; an existing account for at least 3 months with KCB, your income must be channeled through KCB account, letter of introduction and copy of either a recent bank statement or pay slip. For loans of up to Kshs.3 million the repayment period is of up to 5 years.
Unsecured loans: the requirements of such a loan with KCB are; KRA pin, original ID, an existing salary account for at least 3 months, recent 3 months pay slips and two copies for each, your net pay must be Kshs5, 000 and above and a verified loan form that has been signed by you authorizing the bank to the loan payment directly from the account. For loans of up to Kshs.3 million then the repayment period is 5 to 6 years dependant on the institution you work for. For the loans of up to Kshs.1 million the repayment period is of up to 36 months.