Estimate your monthly installment and total cost on an NCBA Digital Personal Loan — including the processing fee, excise duty, insurance, and reducing-balance interest — accessed via the NCBA NOW App or USSD *488#.
NCBA's Digital Personal Loan is an unsecured term loan borrowed and repaid through the NCBA NOW App or by dialling *488#, disbursed instantly to your NCBA current account. It is a different, larger product from NCBA's older one-month "Mobile Loan" (KES 2,000–70,000) — this calculator models the Digital Personal Loan, which runs from KES 1,000 up to KES 1,000,000 over a 3–12 month term. This calculator takes your loan amount and term and works out the processing fee, excise duty, insurance, monthly installment, total interest, and total cost.
How Much Does an NCBA Digital Personal Loan Cost?
NCBA deducts a one-off processing fee of 4% of the loan amount, Kenya's standard 20% excise duty on that fee, and a mandatory 0.73% life insurance premium — all taken from the amount disbursed to your account. On top of that, NCBA charges interest of 1.94% per month on a reducing balance, spread across your monthly installments for the loan's full term.
How Do I Use the NCBA Digital Personal Loan Calculator?
Enter the loan amount you want to borrow, between KES 1,000 and KES 1,000,000. For loans of KES 50,000 or more, use the term slider to choose a repayment period between 3 and 12 months — loans under KES 50,000 are automatically fixed at a 3-month term. The calculator shows your net amount disbursed after upfront deductions, your monthly installment, total interest, and total cost of the loan.
What Are the NCBA Digital Personal Loan Limits and Tenure?
The loan ranges from a minimum of KES 1,000 to a maximum of KES 1,000,000. Loans under KES 50,000 carry a fixed 3-month tenure; loans of KES 50,001 and above can be spread over up to 12 months. Your actual limit is set by NCBA based on your account turnover, activity, and CRB record, and is reviewed every 30 days.
Who Qualifies for an NCBA Digital Personal Loan?
You need an active NCBA personal current account held for at least 6 months, with regular credits and debits. Dormant, minor, Fixed Deposit, Student, Business, and joint accounts do not qualify — joint account holders must open and link an individual personal account at a branch instead.
Why Is My Disbursed Amount Less Than My Loan Amount?
The processing fee, excise duty, and insurance premium are all deducted from the amount you requested before it lands in your account — your loan balance and monthly installments are still calculated on the full amount requested, not the smaller net amount you actually receive.
What Happens If I Repay Late?
Late repayment can result in CRB listing and being locked out of the Digital Personal Loan for around 3 months, depending on your repayment behaviour. Loan limits are reviewed every 30 days, and arrears of 30 days or more make you ineligible for a new mobile/personal loan limit until a 3-month cooling period has passed after the arrears are cleared.
Verify with NCBA: This calculator applies the 4% processing fee, 20% excise duty, 0.73% insurance, and 1.94%-per-month reducing-balance interest published in NCBA's own Digital Personal Loan FAQ. Confirm your exact fee breakdown and available tenure in the NCBA NOW App before borrowing.
How much does an NCBA Digital Personal Loan cost?
NCBA deducts a 4% processing fee, 20% excise duty on that fee, and a 0.73% insurance premium upfront from the amount requested, then charges 1.94% interest per month on a reducing balance across your monthly installments.
What is the minimum and maximum NCBA Digital Personal Loan amount?
The loan ranges from KES 1,000 to KES 1,000,000. Loans under KES 50,000 carry a fixed 3-month term; loans of KES 50,001 and above can be spread over up to 12 months.
What is the difference between the NCBA Digital Personal Loan and the NCBA Mobile Loan?
The Digital Personal Loan runs from KES 1,000 to KES 1,000,000 over a 3-12 month term. NCBA's separate Mobile Loan is a smaller, one-month facility of KES 2,000 to KES 70,000.
Who qualifies for an NCBA Digital Personal Loan?
You need an active NCBA personal current account held for at least 6 months with regular banking activity. Dormant, minor, Fixed Deposit, Student, Business, and joint accounts do not qualify.