Construction Loans

Great features

• Minimum loan amount of KES 2 million. No maximum loan amount
• Up to a maximum of 10 years
• Up to 70% financing of the Bill of Quantity depending on the location of the property
• Competitive interest rates

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

Required Documents For Each Applicant:

• New or existing Equity Bank account
• Identification Documents – Kenyan ID/Passport, KRA PIN, and proof of current address
• Credit report from your country of residence
• Copies of Bank statements for the past 6 months
• Complete individual tax returns for the past 3 years

Salaried Applicants:

In addition to the above, salaried applicants must provide:

• 3 latest pay slips/paystubs
• Employment letter/W-2/P60/T4

Self-Employed Applicants:

In addition to the above, self-employed applicants must provide:

• Business registration documents
• Business bank statements for the last 12 months
• Business tax returns for the past 3 years
• Year-to-date management accounts (balance sheet and P&L statement)

• Bill of Quantity for the entire project
• Approved building plans and structural drawings
• Approved NEMA and NCA approval certificates
• Copy of the property title

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.
• Our panel of advocates includes law firms that have previously offered conveyancing services to international clients.
• We have a 24/7 Diaspora Banking call center. We are available for you irrespective of your time zone.

• T & Cs of loan facility are detailed on the offer letter.
• Customer data privacy policy is included in the offer letter.
• The rights and obligations of the borrower are detailed in the offer letter.

Complaints Handling Process:

• Lodge complaint at any of our branches, via call center, info@equitybank.co.ke or website: https://equitygroupholdings.com/ke/ We will record your feedback and issue you with a reference number.
• We will acknowledge you feedback within 48hours.
• If we cannot resolve the complaint immediately, we will advise on the next cause of action and when to expect feedback from us.
• We will endeavor to resolve the complaint within 7 working days. However, should we require more time to it, we will keep you updated with progress every 7 days until the complaint is resolved.
• Should the resolution not meet your satisfaction, feel free to get back to us with your concerns and we will review the issue and resolution and revert to you.

Contact Us:

• Visit Us: 

• Get in Touch by filling the below query form to send us your contact information