Guardian Bank Loans, Eligibility & Rates

Guardian Bank, operating primarily in Kenya, offers tailored loans for personal, business, and asset financing needs. Rates reflect 2025 data and may vary with market conditions or individual profiles. Eligibility often requires CRB clearance, proof of income, and collateral where specified.

1. Personal Loan

Personal loans from Guardian Bank provide quick cash for emergencies, debt consolidation, or lifestyle needs without collateral. Borrowers access up to KSh 2 million repayable over 12-60 months. Eligibility demands a minimum monthly income of KSh 25,000, age between 21 and 65, and a clean Credit Reference Bureau (CRB) report. Rates stand at 19.75%, with flexible EMI options calculated via the bank's online calculator; approval typically occurs within 48 hours for salaried applicants.

2. Vehicle Loan

This secured loan finances car purchases, covering up to 90% of the vehicle value for new or used cars up to 7 years old. Terms extend to 72 months, ideal for logbook financing in Nairobi. Applicants need steady employment or business income above KSh 20,000 monthly, plus vehicle valuation and insurance proof. At 14% interest, monthly payments remain affordable, with the bank holding the logbook until full repayment.​

3. Business Loan (Secured)

Secured business loans support expansion, equipment purchase, or working capital, backed by property, machinery, or inventory up to KSh 50 million. Repayment spans 12-120 months based on cash flow projections. Eligibility includes business registration (at least 1 year old), audited accounts, and collateral valuation by approved surveyors. Interest is 14%, lower due to security, with overdraft options for seasonal businesses common in Kenyan counties.​

4. Business Loan (Unsecured)

Unsecured variants suit established SMEs needing fast funding without assets, up to KSh 5 million over 24 months. Suitable for inventory restocking or marketing in competitive markets like Nairobi. Requirements emphasize turnover above KSh 500,000 monthly, bank statements for 6 months, and positive CRB for directors. Higher rate of 19.75% reflects risk, but disbursal happens same-day post-approval.

5. Gold Loan

Gold loans offer instant liquidity against 22-24k gold jewelry or bars, up to 70% of market value, repayable in 3-12 months. Popular for short-term needs like school fees in Kenya. Borrowers present PAN-equivalent ID, gold assay certificate, and no adverse CRB listing. Competitive 12% rate makes it cheaper than personal loans, with gold safely stored by the bank.​

6. Mortgage (Guardian Secure Credit)

Guardian Secure Credit finances home purchases or construction, up to 80% of property value for terms up to 25 years. Targets urban buyers in Nairobi and surrounding areas. Eligibility covers salaried individuals or businesses with debt service ratio under 40%, property legal search, and valuation. At 14.50%, fixed or variable rates apply, with government subsidies possible for low-income groups.

7. Housing Loan (Guardian Nest Credit)

Affordable housing initiative under Guardian Nest Credit supports Boma Yangu-style projects, financing up to KSh 10 million at concessionary terms. Ideal for first-time Nairobi homeowners. Applicants must be Kenyan citizens aged 18-65, with NHIF/NSSF contributions and developer pre-approval. Low 12% rate reflects government backing, easing EMIs for middle-income earners.​

8. Education Loan (Unsecured)

Funds tuition, books, or living costs for local/international studies, up to KSh 3 million over 72 months post-graduation grace period. Co-signed by parents for minors. Needs admission letter, fee structure, and guarantor's income proof (min KSh 30,000/month). 18% interest accrues only on disbursed amount, promoting education access in Kenya.​

9. Secured Salary Loan

Tailored for payroll clients, this loan advances up to 4 months' salary against future salary credits, repayable via deductions over 12 months. Restricted to Guardian Bank salary account holders with 6+ months employment and employer consent. 15.50% rate ensures quick access for emergencies like medical bills.​

Guardian Bank's loan portfolio emphasizes accessibility for Kenyans, with digital applications via their portal streamlining processes. Rates, last updated in 2025, are competitive against peers like Equity Bank, though personal unsecured options carry premiums. Prospective borrowers should verify current terms at branches in Nairobi or via customer care, as economic shifts like CBR adjustments impact offerings. Digital tools aid eligibility checks, ensuring tailored financing aligns with facility management pros handling property upkeep.