Intended for educational advancement, this loan can be taken out by parents/guardians for students or by salaried individuals who wish to further their studies.

Benefits

• Attractive competitive interest rates
• Quick loan processing.
• Loans of up to Kshs 300,000 repayable over a maximum period of 24 months (2 years).

Standard Requirements

• Must have had an account with KCB for at least 3 months
• Original and copy of National ID or passport
• Latest original pay slips.
• Proof of income if self-employed.
• Admission letter from the university/college

Rates & Fees

• Maximum repayment period is 24 months (2 years).
• Interest rate of 13% (CBR rate 9% plus Bank Variable margin of 4%)
• Negotiation fees of 2.5%
• Other fees e.g. insurance premium to be advised by the personal banker at your branch