Great features

• Ideal for emergency/quick financing needs due to quicker loan approval and disbursement process.
• Loan terms as short as 1 month and 5 year maximum
• 90% financing for cash and fixed deposits; 75% financing for treasury bills and bonds
• 4% margin above interest income earned on cash and fixed deposits; 13% for loans secured by treasury bills and bonds
• Option to make monthly payments or at loan maturity

What you require to sign up

Diaspora loans are only offered to applicants who meet either of the following criteria:

• Non-Resident Kenyans
• Kenyans sent on foreign missions abroad
• Kenyans with dual citizenship

The loans can be extended to individuals, joint applicants, or group (Chama) of applicants.

Required Documents for Each Applicant:

• New or existing Equity Bank account
• New or existing fixed deposit or Central Bank of Kenya’s CDS account
• Identification Documents – Kenyan ID/Passport, KRA PIN, and proof of current address

Other Documents:

• Proof of income for monthly repayment option

Why you should sign up for this product

• We have a customised credit policy for our Diaspora customers.
• Our wide product offering caters to different borrowing needs and clientele, including affluent customers and small & medium-sized businesses.
• We have streamlined our underwriting processes for faster decision making.
• We have a 24/7 Diaspora Banking call center. We are available for you irrespective of your time zone.

Contact Us:

• Visit Us: Global Center, Argwings Kodhek Road, Kilimani, Nairobi. Our building is located opposite the Yaya Center (behind the Lake Oil gas station)
• Get in Touch by filling the below query form to send us your contact information