KCB Bank has revamped its mobile app, reinforcing its promise of “For People, For Better” by giving customers direct, simplified access to the bank’s full range of services—including its loan products.
The redesigned New KCB Mobile App consolidates everyday banking into one digital platform. Users can open accounts, send money, pay bills, track expenses, and now, explore and manage loans with just a few taps. Built for speed, security, and convenience, the new interface brings the bank’s entire loan portfolio straight to the customer’s phone.
A key highlight of the upgrade is the ability to apply for digital loans of up to Ksh1 million instantly, ideal for emergencies, business needs, or personal financial goals such as purchasing a vehicle.
KCB offers a variety of loan options—flexible, secured, and unsecured—each designed to meet different customer needs. These include the KCB Flexi Loan, KCB Salary Advance, Secured Loans, and Unsecured Loans like the Masomo Loan.
Below is a full breakdown of what each loan entails, the requirements, and the benefits.
KCB Flexi Loan: Requirements & Benefits
The Flexi Loan is one of the simplest and most flexible digital loan options available. It allows customers to borrow multiple times within their approved limit. For example, a user can borrow Ksh5,000 on Monday, Ksh3,000 on Wednesday, and Ksh2,000 on Saturday, with each request approved instantly—as long as the total does not exceed their loan limit.
Customers can borrow between Ksh1,000 and Ksh1 million, with repayment periods ranging from 1 day to 12 months. Shorter repayment windows—such as 1 to 7 days—attract lower interest rates.
Requirements
- Operated a KCB account for at least 6 months
- Have the New KCB Mobile App installed
- Maintain a good credit score
Benefits
- Fully digital: no paperwork
- Instant approval
- Flexible repayment
- Interest rates as low as 1.2%
KCB Salary Advance: Requirements & Benefits
For salaried customers facing mid-month financial pressure, KCB’s Salary Advance offers quick, short-term cash support.
Customers can receive up to Ksh500,000, capped at 1.5 times their salary, with repayment spread across six months.
Requirements
- Must be a salaried KCB account holder
- Active account for at least 3 months
Benefits
- Instant disbursement
- Ideal for urgent cash needs
- Minimal paperwork
The loan is available directly on the KCB Mobile App, with approval and disbursement taking only minutes.
KCB Unsecured Loans: Types, Requirements & Benefits
Unsecured loans are popular because they do not require collateral. KCB relies on factors such as credit history, income stability, and overall creditworthiness.
KCB’s unsecured options include:
- Salary Advance
- Masomo Loan
- Personal Unsecured Check-Off Loan
- Personal Unsecured Non-Check-Off Loan
Personal Unsecured Non-Check-Off Loan
This loan offers up to Ksh4 million, repayable over 48 months, with no collateral required. Customers can borrow amounts starting from Ksh20,000.
Requirements
- Salaried or self-employed
- Active KCB account for at least 3 months
Benefits
- No security needed
- Flexible repayment terms
Personal Unsecured Check-Off Loan
This long-term loan is supported by a guarantee from the borrower’s employer. It is popular among government employees and companies with existing agreements with KCB.
Customers can access up to Ksh10 million, payable over 10 years, with monthly installments deducted directly by their employer.
Requirements
- National ID or passport
- KRA PIN
- Filled application form
- Last three months’ payslips (original)
Benefits
- Easy to access
- Convenient check-off repayments
Masomo Loan
The Masomo Loan supports students pursuing education locally or abroad. It covers tuition and related academic costs.
Customers can borrow between Ksh100,000 and Ksh4 million, depending on credit score, with repayment spread across 24 months.
Requirements
- Active KCB account for at least 3 months
- Salaried or supported by a guardian
- Valid ID or passport
- Original payslips or proof of income for the self-employed
- Admission letter from the institution
Benefits
- Fast processing
- Repayment tailored for ease during studies
KCB Secured Loans: Types, Requirements & Benefits
Secured loans require collateral such as vehicles, property, or land. KCB offers several secured financing options with competitive terms.
Personal Secured Loan
KCB determines the loan amount based on the value of the customer’s collateral. For example, a car valued at Ksh2.5 million can qualify for up to that amount.
Repayment stretches up to 10 years and is open to both salaried and self-employed customers.
Requirements
- National ID or passport
- KRA PIN
- Filled application form
- Proof of security ownership
Benefits
- Competitive rates
- Long repayment periods
Personal Car Loan
KCB offers 100% or partial financing depending on the vehicle type and intended use.
Examples:
- School Buses: 100% financing, up to 72 months repayment
- Toyota Hiace (14-seater matatu): 100% financing, 36 months repayment
- Personal vehicles (e.g., VW Touareg): Up to 95% financing, 60 months repayment
Requirements
- Available to both salaried and self-employed customers
Benefits
- Flexible repayment
- High-value financing tied to asset valuation
Accessing the Loans
The New KCB Mobile App is available on Google Play and the App Store. Customers can open a new KCB account directly through the app—a process that takes only a few minutes.
With its upgraded loan tools and interface, the app brings KCB’s most comprehensive digital lending experience to date.
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