Pricing & fees
Effective 1 June 2026 · Version 1.0 · In compliance with CBK Consumer Protection Circular 2022
Explore terms before applying
No identity, phone, or bureau data is collected here.
APR components
Rate improvement roadmap
Retail & personal credit
| Product | Monthly rate | APR | Origination fee | Late fee |
|---|---|---|---|---|
| Logbook loan | 1.5% | 19.6% | 3% | 5% of overdue |
| EWA (Mshahara) | 1.0% | 12.7% | 0% | None |
| Payroll loan | 1.0% | 12.7% | 2% | 3% of overdue |
| Education loan | 1.2% | 15.4% | 2% | 4% of overdue |
| Medical/emergency | 1.5% | 19.6% | 0% | 5% of overdue |
| BNPL | 0% | 0% | 3% | KES 500 flat |
| Solar finance | 1.2% | 15.4% | 1% | 3% of overdue |
| Credit builder | 0.8% | 10.0% | 0% | None |
Trade & business credit
| Product | Rate | Facilitation fee | Late fee |
|---|---|---|---|
| Trade finance (LPO/invoice) | 2%/month | 1.5% of facility | 8% of overdue |
| Import finance | 2%/month | 2% of facility | 8% of overdue |
| Fleet finance | 1.5%/month | 2% of facility | 5% of overdue |
| SCF invoice discount | 3% of face | 0.5% of advance | 8% of outstanding |
| RBF revenue-share | 7% of monthly receipts | 0% | None |
Savings & wallet
Easy access savings: 5% pa. No lock-in. No minimum balance fee.
Goal savings: 6% pa. No premature withdrawal penalty.
Fixed deposit: 9% pa (30–90 day). Early break forfeits 2 months' interest.
Wallet: No account maintenance fee. No minimum balance. Inbound M-Pesa top-up: free. Bill payments: flat KES 30 per transaction.
Dispute & complaint resolution
All complaints must be acknowledged within 48 hours and resolved within 21 days, per CBK Consumer Protection Guidelines.
Unresolved complaints may be escalated to the Central Bank of Kenya at +254 20 2860000 or cpd@centralbank.go.ke.
All rates quoted are illustrative. Actual rates depend on your credit profile and product variant. APR calculations use the reducing-balance method. Situ is licensed by the Central Bank of Kenya under the Banking Act.