Diamond Trust Bank (DTB) Loans, Eligibility & Rates

Diamond Trust Bank (DTB) Kenya provides diverse financing options tailored for personal, business, and asset needs across Nairobi and beyond. These products emphasize quick approvals, flexible terms, and competitive rates linked to the Central Bank Rate (CBR), currently influencing costs around 13-20% p.a.. Eligibility hinges on the 5Cs of credit—character, capacity, capital, collateral, and conditions—with CRB checks standard.

1. Unsecured Personal Loan

DTB's Unsecured Personal Loan suits salaried individuals needing funds for emergencies, travel, medical bills, or home improvements without collateral. Loan limits range from KSh 50,000 to KSh 6 million, based on salary multiples (often 3-5 times net pay).​

Applicants must be employed with verifiable income via payslips, have a DTB account in good standing, and pass CRB clearance. Approval takes days, with funds disbursed directly to accounts. Repayments are monthly via check-off for employers or standing orders.

Rates hover at CBR + premiums (e.g., 14-18% p.a.), with tenors up to 96 months reducing total interest. This makes it ideal for short-term liquidity without asset pledges.​

2. Term Loan

Term Loans from DTB target personal or business expansion, offering lump sums repaid in fixed installments. Unlike overdrafts, they provide stable funding for projects like inventory or renovations, with amounts determined by appraisal—no fixed mins/maxes.​

Eligibility requires a well-maintained DTB account, PIN/ID copies, loan purpose statement, and security like property or guarantors. Self-employed need business financials; CRB status is verified.

Interest is capped at CBR + 4% (about 14% p.a.), with terms from 12 to 120 months. Disbursement occurs within 7 days post-approval, suiting mid-sized borrowers in Nairobi's service sectors.​

3. Asset Finance and Hire Purchase

DTB excels in Asset Finance for acquiring vehicles, machinery, or equipment via hire purchase, backed by 40+ years' experience. Finance trucks, excavators, cars, or construction gear, with the asset as security.

Targeted at businesses with cash flows covering 30-40% deposits, eligibility demands valuation reports, title deeds (if applicable), and guarantor details. Individuals or SMEs in transport/construction qualify easily.

Rates range 14-20% p.a., tenors up to 60 months, with balloon payments optional. This eases capital outlay for Kenyan firms scaling operations amid rising demand.​

4. Mortgage Loan

DTB Mortgages fund home purchases or construction for salaried/self-employed buyers, secured by the property itself. Repayment stretches up to 20 years, ideal for long-term stability in Nairobi's property market.​

Applicants need steady income proof, perfected securities (title deeds), and compliance with sanction terms. Self-employed provide tax returns; facilities disburse post-legal checks.

Rates at 13-16% p.a. on reducing balance keep EMIs affordable (e.g., KSh 100,000 monthly for KSh 10M loan over 15 years). It's a cornerstone for first-time buyers navigating Kenya's housing boom.​

5. Overdraft Facility

Overdrafts offer revolving credit against business current accounts, covering daily shortfalls like payroll or supplier payments. Limits tie to turnover, appraised monthly/quarterly.​

Eligibility favors active DTB business accounts with deposit history and clean CRB. No separate application; it's account-linked.​

Charged at CBR + 4% (15% p.a. typical) only on utilized amounts, it's cost-effective for cash flow management in retail or services. Annual reviews ensure alignment with operations.​

6. Loans Against Cash Security

This low-risk option lets DTB account holders borrow against fixed deposits, using cash as collateral for personal or business needs. Purpose must be stated; no complex appraisals needed.​

Requirements include a maintained DTB account, PIN/ID, and deposit details. Loan value often reaches 90% of deposit.​

Rates undercut unsecured loans at 12-15% p.a., with tenors matching the deposit. Perfect for bridging gaps without liquidating savings.​

Application Process and Tips

Applying for DTB loans starts online via dtbkenya.co.ke or branches in Nairobi, Kisumu, or Mombasa. Submit forms, IDs, payslips/financials, and securities; processing takes 48 hours to 7 days.

Maintain a DTB salary/current account for faster approvals. Clean CRB is crucial—defaulting blacklists you across lenders. Compare rates; DTB's CBR linkage offers stability versus fixed-rate peers.​

For businesses, prepare turnover projections; individuals focus on salary stability. Use loan calculators on DTB's site for EMI estimates. In Kenya's economy (Feb 2026), with CBR steady, these rates remain competitive.​

Why Choose DTB Loans?

DTB's edge lies in accessibility—48-hour processing, flexible plans, and nationwide branches. They serve Kenya's growing SME sector, from Nairobi traders to upcountry farmers.​

Risks include high effective costs if early repayment penalties apply (check terms). Always appraise total ownership cost beyond headline rates. With tailored options, DTB supports ambitions without excessive hurdles.​

Digital tools like mobile banking simplify repayments, tracking via *326#. For personalized advice, visit a branch or call 020 256 000. DTB evolves with Kenya's financial needs, blending tradition and tech