Standard Chartered Bank Kenya offers a variety of personal loan options to meet the financial needs of its customers.

 In order to apply for a personal loan with the bank, there are certain requirements that must be met.


The first requirement for obtaining a personal loan with Standard Chartered Bank Kenya is proof of income.

The bank will require documentation of your income, such as payslips, bank statements, and proof of employment, in order to determine your ability to repay the loan.

This is to ensure that the applicant can afford the repayments and has a steady income to repay the loan.

Credit Score

The second requirement is a good credit score. Standard Chartered Bank Kenya will check the credit history of the applicant to determine their creditworthiness.

 A good credit score is an indication of the applicant's ability to repay the loan and will increase the chances of loan approval.

A Bank Account

Thirdly, The bank requires the applicant to have a bank account with Standard Chartered Bank Kenya or with any other bank.

This account will be used to process the loan and to make the loan repayments.


Fourthly, The bank requires the applicant to provide proof of identity and proof of address.
This may include a national ID card, passport, or any other government-issued identification.
The bank may also require proof of address, such as a utility bill or lease agreement.


Lastly, The bank may require the applicant to provide collateral or a guarantor.

Collateral is an asset, such as a car or property, that can be used to secure the loan in case the applicant is unable to repay it.

 A guarantor is a person who co-signs the loan and is responsible for repaying it if the applicant is unable to do so.


Obtaining a personal loan from Standard Chartered Bank Kenya requires the applicant to provide proof of income, have a good credit score, have a bank account, provide proof of identity and address, and may require collateral or a guarantor.

By meeting these requirements, the applicant will increase their chances of loan approval and be able to access the financial resources they need.