Standard Chartered Bank Kenya List of Accounts, Paybill, Loans, Branches and Contacts

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Table of Contents Hide
  1. Standard Chartered Bank Kenya Loans
    1. Personal Loan
    2. Salary Overdraft
    3. Home Mortgage
    4. Construction Mortgage
    5. Non-Resident Mortgage
  2. Standard Chartered Bank Kenya list of accounts, account opening requirements and charges
    1. Current Accounts
    2. Savings Accounts
  3. How to move money from Mpesa to Standard Chartered bank account via Paybill
  4. Standard Chartered Bank Kenya Branches and contacts

Below is a list of loans offered by Standard Chartered Bank Kenya,accounts,paybill,branches and contacts:

Standard Chartered Bank Kenya Loans

Personal Loan

Eligibility

  • A minimum gross salary of as low as KES 15,000 per month for employee scheme loans
  • A minimum gross salary of KES 40,000 per month for non-scheme loan customers
  • *The minimum income requirement varies from one client to another at the bank’s discretion

Documents

  • Proof of income (Certified copy of pay slip)
  • Introduction Letter from employer on company letterhead
  • Last 3 months bank statements (for new accounts)
Fees and Charges Details
Maximum loan amount – Subject to T&Cs KES 7,000,000
Repayment Period – Subject to T&Cs 6 months – 84 months
Arrangement fees 2.50%
Credit life + Retrenchment insurance cover (offered by a third party) Retrenchment cover of up to 9 months
Credit life + Retrenchment + Last Expense insurance cover (offered by a third party) Death and disability cover of up to the loan outstanding amounts excluding arrears

Salary Overdraft

Eligibility & Documents

Eligibility

  • Salaried with a minimum gross salary of KES 75,000 per month*
  • A salary account with Standard Chartered Bank is required

Documents

  • Introduction letter from employer on company letterhead
  • Proof of income (certified copy of pay slip)
  • Last 6 months bank statements (for new accounts)
  • Copy of ID / passport

How long does it take for an overdraft to be approved?

We would normally process your facility in 3 days provided all the documents have been submitted along with the application form.

Home Mortgage

Features

Home Purchase

Take advantage of our home purchase loan to own your own property. You can borrow up to KES 100 million, with up to 100% financing and a long tenor of up to 25 years

Equity release

Our mortgage deal allows you to borrow higher loan amounts and use your existing property as collateral

Top up

Get access to a loan based on the amount settled from the mortgage after 24 months

Construction Mortgage

If you already own a piece of land we will finance you to build your dream home.

Balance transfer

Consolidate your mortgage facilities and enjoy the convenience of managing one view account

FEES AND CHARGES DETAILS
Facility arrangement fee 1% of loan amount (Minimum KES 10,000)
Legal costs This is based on the applicable legal fee scale
Stamp duty Subject to the prevailing land laws in Kenya
Insurance

(this includes Fire protection and credit life insurance as applicable).

 Premium is based on the insurance option selected by the client
Valuation fees Subject to the applicable valuer fee scale as per law.

Eligibility

  • Kenyan citizens, permanent residents and expatriates
  • Minimum age 21
  • Salaried customers meeting all the specified requirements
  • Employees and Directors of reputable companies and well established SMEs who are purchasing a residential property for owner occupation. (Must have demonstrable and verifiable monthly income for the past12 months)
  • Professionals and Consultants who earn a regular monthly income and are purchasing a residential property for owner occupation

Documents

  • Completed and signed application form
  • Certified copies of last 3 pay slips
  • Certified letter from employer stating terms of employment
  • Certified copy of ID / passport
  • Copy of PIN certificate
  • Sale agreement
  • Documentary evidence of any other income
  • Certified copies of bank statements for 12 months (for non-Standard Chartered customers)
  • 3 colour passport-sized photos (for non-Standard Chartered customers)
  • Copy of title deed
  • For a Mortgage Transfer, Mortgage statement for the last 6 months
  • Requirements may be more or vary for Kenyans residing out of the country

Construction Mortgage

Key Fees & Charges
Facility arrangement fee 1% of loan amount (Minimum KES 10,000)
Legal costs This is based on the applicable legal fee scale
Stamp duty Subject to the prevailing land  laws in Kenya
Insurance (this includes Fire protection and credit life insurance as applicable). Premium is based on the insurance option selected by the client
Valuation fees Subject to the applicable valuer fee scale as per law.

 

High loan amounts

Home buyers can now take up to KES 100 million. This means you will never have to compromise on the house you really want for yourself and your family.

Longer repayment periods

Enjoy affordability with a loan tenor period of up to 25years

Non-Resident Mortgage

High loan amounts

Home buyers can now take up to KES 100 million. This means you will never have to compromise on the house you really want for yourself and your family.

Longer repayment periods

With longer loan tenor periods of up to 20 years, your monthly repayments become more affordable.

Top up

Access a loan based on the amount you have settled after 24 months

Key Fees & Charges
Facility arrangement fee 1% of loan amount (Minimum KES 10,000)
Legal costs This is based on the applicable legal fee scale
Stamp duty Subject to the prevailing land  laws in Kenya
Insurance (this includes Fire protection and credit life insurance as applicable). Premium is based on the insurance option selected by the client
Valuation fees Subject to the applicable valuer fee scale as per law.

What are the charges associated with a home loan?

Valuation fees: This is paid to the valuers for the valuation of the property and is based on the value of the property.

Legal Fees: This is paid to the advocates for the preparation and registration of the security documents for the loan. It is based on the loan amount.

Stamp Duty: This is paid to the commissioner of lands for the registration of the transfer on the ownership of title documents on the property. It is based on the price of the property or the value of the property as determined by the Government Valuer.

Fire insurance: This is insurance cover taken on the property to cover against fire. Premiums are paid annually to the Insurance company providing the cover and it is based on the value of the property.

Life insurance: This is insurance cover taken to cover customer in the event of death or permanent disability while servicing the loan. It is paid annually and is based on the outstanding loan balance.

Standard Chartered Bank Kenya list of accounts, account opening requirements and charges

Current Accounts

SC DigiSmart

Key Features & Charges

Key Features and Charges
Minimum  Opening balance KES 2000
Monthly account maintenance fee KES 299
Virtual Visa Debit card issuance – POS and online payments FREE
Free Cash withdrawal on local SCB ATMs FREE
Non-SCB ATM cash withdrawal Charges KES 150
Local Transfer Between SCB Accounts FREE
Local Transfer from SCB  to Local Banks (Pesalink)  
Online Local Transfer from SCB  to Local Banks (RTGS/EFT) FREE
Online International Transfer FREE
Online Banking access FREE
Mobile Banking access FREE
Monthly eStatements FREE

Eligibility & Documents

Eligibility

  • Nationality:
    • Kenyan citizen / Resident
  • Age requirement:
    • Minimum 18 years old

Mandatory supporting documents for Kenyan citizens and Non Kenyan residents

  • Original National ID or valid passport
  • SC Mobile: Selfie / Portrait In-Branch: One passport size photograph
  • If US Person, upload W-8 BEN / W-9 BEN form.
  • If US Green Card holder, upload W-9 BEN.

Hifadhi Current Account

Key Features & Charges

Minimum opening balance KES 2000 USD 50 gbp 50 EUR 50
Monthly account maintenance fee No Monthly Maintenance Fee No Monthly Maintenance Fee No Monthly Maintenance Fee No Monthly Maintenance Fee
VISA Debit card purchase transactions FREE FREE FREE FREE
SCB ATM cash withdrawal Charges KES 35 USD 0.30 GBP 0.20 EUR 0.30
Local Transfer Between SCB KE Accounts FREE FREE FREE FREE
Local Transfer from SCB  to Local Banks (RTGS) KES 500 USD 5.00  GBP 3.50  EUR 4.00
Local Transfer from SCB  to Local Banks (Pesalink) As per Service & Price Guide As per Service & Price Guide As per Service & Price Guide As per Service & Price Guide
International Transfer KES 1400 0.25% of  Amount
MIN USD 15
MAX 100		 0.25% of  Amount
MIN GBP 10.23
MAX GBP 73.00		 0.25% of  Amount
MIN EUR 12
MAX EUR 80
Online Banking access FREE FREE FREE FREE
Mobile Banking access FREE FREE FREE FREE
Monthly eStatements FREE FREE FREE FREE
Crossed Cheque book issuance As per Service & Price Guide As per Service & Price Guide As per Service & Price Guide As per Service & Price Guide
Other charges As per Service & Price Guide As per Service & Price Guide As per Service & Price Guide As per Service & Price Guide

Eligibility & Documents

Eligibility

  • Nationality: Kenyan citizen / Resident Age requirement: Minimum 18 years old

Documents

  • Mandatory supporting documents for Kenyan citizens and Non Kenyan residents:
  • Original / copy of National ID or valid passport
  • SC Mobile: Selfie / Portrait In-Branch: One passport size photograph
  • If US Person, upload W-8 BEN / W-9 BEN form.
  • If US Green Card holder, upload W-9 BEN form

All In One Current Account

Enjoy convenience

Bank with ease while enjoying unlimited transactions at a flat monthly rate of KES 1000

FREE Debit Card

Access money globally at any visa enabled ATM with your FREE and secure visa debit card

FREE Cheque Book

Transfer funds easily while maintaining a record of all transactions made with our FREE cheque book

FREE Digital Banking

Enjoy convenient banking anytime anywhere with mobile banking and online banking. Transfer funds between accounts, buy airtime, manage your account and your personal details.

FREE eStatements

Keep track of your account while saving on paper with our FREE eStatements

Key Features & Charges

Minimum  opening balance KES 2000
Monthly account maintenance fee KES 1000
VISA Debit card purchase transactions FREE
SCB ATM cash withdrawal Charges FREE
Local Transfer Between SCB Accounts FREE
Local Transfer from SCB  to Local Banks (Pesalink) As per Service & Price Guide
Local Transfer from SCB  to Local Banks (RTGS) FREE
International Transfer FREE
Online Banking access FREE
Mobile Banking access FREE
Monthly eStatements FREE
Cheque book issuance FREE
Other charges As per Service & Price Guide

Eligibility & Documents

Eligibility

  • Nationality:
    • Kenyan citizen / Resident
  • Age requirement:
    • Minimum 18 years old

Documents

  • Mandatory supporting documents for Kenyan citizens and Non Kenyan residents:
  • Original / copy of National ID or valid passport
  • SC Mobile: Selfie / Portrait In-Branch: One passport size photograph
  • If US Person, upload W-8 BEN / W-9 BEN form.
  • If US Green Card holder, upload W-9 BEN.

Savings Accounts

Safari Savings Account

Affordable

Open your savings account from as little as KES 2000

Interest Rates

Attractive interest rates from:

THE BANK RESERVES THE RIGHT AND DISCRETION TO CHANGE THE RATES BELOW.

BALANCE RANGE SAVINGS RATES EFFECTIVE 1ST MAY 2020
KES 0 to KES 1,999,999.99 0.50% p.a.
KES 2,000,000 to KES 4,999,999.99 0.75% p.a.
KES 5,000,000 to KES 9,999,999.99 1.25% p.a.
KES 10,000,000 to KES 14,999,999.99 1.75% p.a.
KES 15,000,000 to KES 19,999,999.99 2.25% p.a.
KES 20,000,000 to KES 24,999,999.99 2.75% p.a.
KES 25,000,000 to KES 29,999,999.99 3.25% p.a.
KES 30,000,000 to KES 49,999,999.99 3.75% p.a.
KES 50,000,000 and above 4.25% p.a.

Foreign Currency Savings Accounts Rates

THE BANK RESERVES THE RIGHT AND DISCRETION TO CHANGE THE RATES BELOW.

MINIMUM MAXIMUM USD GBP
– 4,999

(Minimum interest earning amount)

 NIL NIL
5,000 7,499 0.01% p.a. 0.01% p.a.
7,500 9,999 0.02% p.a. 0.02% p.a.
10,000 24,999 0.03%p.a 0.03%p.aa
25,000 49,999 0.04% p.a. 0.04% p.a.
50,000 99,999 0.05% p.a 0.05% p.a
100,000 249,999 0.05% p.a 0.05% p.a
250,000 499,999 0.05% p.a 0.05% p.a
500,000 Above 0.05% p.a 0.05% p.a

Eligibility & Documents

Eligibility

  • Nationality:
    • Kenyan citizen / Resident
  • Age requirement:
    • Minimum 18 years old

Documents

  • Mandatory supporting documents for Kenyan citizens and Non Kenyan residents:
    • Original / copy of National ID or valid passport
  • SC Mobile
    • Portrait / Selfie
  • In-Branch
    • One passport size photograph
  • If US Person, upload W-8 BEN / W-9 BEN form
  • If US Green Card holder, upload W-9 BEN

Safari Junior Account

Affordable

Open your savings account from as little as KES 2000

Interest Rates

Attractive interest rates from:

THE BANK RESERVES THE RIGHT AND DISCRETION TO CHANGE THE RATES BELOW.

BALANCE RANGE SAVINGS RATES EFFECTIVE 1ST MAY 2020
KES 0 to KES 1,999,999.99 0.50% p.a.
KES 2,000,000 to KES 4,999,999.99 0.75% p.a.
KES 5,000,000 to KES 9,999,999.99 1.25% p.a.
KES 10,000,000 to KES 14,999,999.99 1.75% p.a.
KES 15,000,000 to KES 19,999,999.99 2.25% p.a.
KES 20,000,000 to KES 24,999,999.99 2.75% p.a.
KES 25,000,000 to KES 29,999,999.99 3.25% p.a.
KES 30,000,000 to KES 49,999,999.99 3.75% p.a.
KES 50,000,000 and above 4.25% p.a.

 

Eligibility & Documents

Eligibility

  • Nationality: Kenyan citizen / Resident
  • Provide the child’s birth certificate.

Documents

  • Mandatory supporting documents for Kenyan citizens and Non Kenyan residents:
    • Original / copy of National ID or valid passport of parent or legal guardian opening account on behalf of minor.
    • Copy / Original Birth Certificate of minor
    • In-Branch: One passport size photograph
    • If US Person, upload W-8 BEN / W-9 BEN form.
    • If US Green Card holder, upload W-9 BEN.

Fixed deposits

Fixed Deposits Interest Rates

The bank reserves the absolute right and discretion to change the rates below

LCY Term deposit Counter rates

DEPOSIT AMOUNT IN KES INTEREST RATE PER ANNUM
Call  1 month  3 Mnths   6 Mnths 9 Mnths  12 Mnths
100K – 1,999,999 KES 1.00% 1.15% 1.25% 1.35% 1.50% 2.00%
2,000,000 – 9,999,999 KES 1.00% 1.15% 1.35% 1.50% 1.75% 2.25%
10,000,000 – 19,999,999 KES 1.00% 1.15% 1.50% 1.75% 2.00% 2.50%
20,000,000 – 29,999,999 KES 1.00% 1.15% 2.00% 2.25% 2.50% 2.75%
30,000,000 – 39,999,999 KES 1.15% 1.20% 2.50% 2.75% 3.00% 3.25%
40,000,000 – 49,999,999 KES 1.15% 1.25% 3.00% 3.25% 3.50% 3.75%
50,000,000 – 74,999,999 KES 1.25% 1.50% 3.50% 3.75% 4.00% 4.25%
75,000,000 – 99,999,999 KES 1.25% 1.60% 3.75% 4.25% 4.50% 4.75%
100,000,000 + KES 1.25% 1.75% 4.00% 4.50% 4.75% 5.00%

FCY Term Deposit Counter rates

DEPOSIT AMOUNT IN USD INTEREST RATE PER ANNUM
 1 month  3 Months   6 Months  12 Months
5,000 – 49,999 USD 0.05% 0.05% 0.05% 0.05%
50,000 – 99,999 USD 0.05% 0.07% 0.07% 0.07%
100,000 + USD 0.05% 0.10% 0.10% 0.10%
DEPOSIT AMOUNT IN GBP INTEREST RATE PER ANNUM
 1 month  3 Months   6 Months  12 Months
5,000 – 49,999 GBP 0.01% 0.04% 0.05% 0.07%
50,000 – 99,999 GBP 0.01% 0.05% 0.07% 0.10%
100,000 + GBP 0.01% 0.07% 0.10% 0.10%

Minimum effort

Start saving with us from as low as KES 100, 000 or an equivalent in foreign currency

Security for borrowing

Borrow against and up to 95% of your Fixed Deposit amount at nominal rates.

Mobile Money Transaction Charges

The below is the new Bank to Mpesa / Airtel Money tariff on both online banking/mobile app & USSD.

MPESA / AIRTEL MONEY
Tier Charge (KES)
1 – 1,000 40
1001 – 5000 55
5,001 – 10,000 60
10,001 – 20,000 65
20,001 – 35,000 70
35,001 and Above 75

How to move money from Mpesa to Standard Chartered bank account via Paybill

Standard Chartered Bank Paybill Number is 329329.

How to move money from Mpesa to bank account

STEP 1 :Go to “Lipa na Mpesa” on your phone

STEP 2 :Select “Pay Bill”

STEP 3 :Enter Business number as 329329

STEP 4 :Input your StanChart Bank account number

STEP 5 :Input amount

STEP 6 :Input your Mpesa PIN and confirm

 

 

Standard Chartered Bank Kenya Branches and contacts

  • Yaya Centre Branch

Yaya Centre, Argwings, Kodhek Road. Branch Manager: Margaret Kamau

    • Tel: 020 243 7730
      Tel: 020 243 7731
      Tel: 020 243 7732
      Tel: 020 243 7733
      Tel: 0740047783
  • Treasury Square

Nkurumah Road, Mombasa. Branch Manager: Carol Nassamula

    • Tel: 041 222 4611
      Tel: 041 222 4612
      Tel: 041 222 4613
      Tel: 0700280916
  • Thika Road Mall (TRM)

2nd Floor, Thika Road Mall, Off Thika Road. Branch Manager: Elizabeth Namayi

    • Tel: 020 259 2244
      Tel: 020 259 2178
      Tel: 740020866
  • Thika Branch

Thika Bazaar Building. Branch Manager: Purity Riungu

    • Tel: 067 223 1618
      Tel: 740020858
      Tel: 0797455432
  • Nyeri

Kimathi Street, Nyeri Town. Branch Manager: Terrin Kinyua

    • Tel: 061 203 0020
  • Nanyuki

Kenyatta Highway, Nanyuki Town. Branch Manager: Stephen, Jeniffer Mwende

    • Tel: 062 203 1173
      Tel: 062 203 2933
      Tel: 0723734967
      Tel: 0741572384
  • Nakuru

Kenyatta Avenue, Nakuru Town. Branch Manager: Odhiambo, Hannington

    • Tel: 051 221 1580
      Tel: 051 221 2877
      Tel: 0793411541
  • Muthaiga

Mobil Plaza, 1st Floor, Muthaiga Road. Branch Manager:  Madeline Mugane

    • Tel: 254 773 548984
      Tel: 020 406 2242
      Tel: 020 406 2660
      Tel: 0740020857
  • Meru

Harambee Street, Meru Town. Branch Manager: Sicily Nyaga

    • Tel: 064 313 1126
      Tel: 064 313 1170
      Tel: 0720606468
  • Maritime

House, Moi Avenue, Mombasa. Branch Manager :  Alfred Onyango

    • Tel: 041 222 4351
      Tel: 041 222 4352
  • Machakos

Mwatu Wa Ngoma Road, Machakos Town. Branch Manager: Selma Nolega

    • Tel: 044 202 0040
      Tel: 044 202 0041
      Tel: 0719837096
  • Langata

Galleria Mall, 1st Floor, Off Langata Road. Branch Manager: Winnie Njoroge

    • Tel: 020 259 2151
      Tel: 0740020840
  • Kitale

Mega Centre along MakAsembo Road, Kitale Town. Branch Manager: Moses Wanyonyi

    • Tel: 054 301 74
      Tel: 054 312 34
      Tel: 054 310 90
  • Kisumu

1st floor Tuffoam Mall, Kisumu. Branch Manager: Gabriel Ochieng

    • Tel: 057 202 2178
      Tel: 0797455432
  • Kericho

Green Square Mall, 2nd Floor, Kericho Town. Branch Manager: Gideon Kipkoech

    • Tel: 052 202 0101
      Tel: 052 202 0102
      Tel: 0775101391
  • Kenyatta

SCB Building, Kenyatta Avenue. Branch Manager: Phillip Ochola

    • Tel: 020 228 9000
      Tel: 740020848
  • Karen

The Hub Karen Mall, 1st Floor Dagoretti Road, Nairobi. Branch Manager:  Kate Lilian Makonyango

    • Tel: 020 388 2882
      Tel: 0788366667
  • Kakamega

Mega Mall Kakamega, Kisumu Highway, Ground Floor. Branch Manager: Gabriel Ochieng

    • Tel: 056 203 0018
      Tel: 0797455432
  • JKIA

Freight Terminal, Transglobal Centre, JKIA. Branch Manager: Millicent Okumu.

    • Tel: (020) 329 4050
      Tel: (020) 329 4051
      Tel: 0758713146
  • Industrial Area Branch

Sameer Business Park, Mombasa Road. Branch Manager: Millicent Okumu

    • Tel: 020 699 5000
      Tel: 0758713146
  • Harambee

Electricity House, Harambee Avenue. Branch Manager: Lorna Sige

    • Tel: 020 225 1515
      Tel: 020 225 1516
      Tel: 0740020844
  • Gigiri

UN Complex, along UN Avenue. Branch Manager: Esther Mari

    • Tel: 020 329 4100
  • Eldoret

Uganda House, Kenyatta Avenue, Eldoret Town. Branch Manager: Joshua Machii

    • Tel: 053 206 3371
      Tel: 053 206 3372
      Tel: 0740 020855
      Tel: 0203295400
  • Chiromo

48 Westlands Road, Nairobi. Branch Manager: Alice Kinuthia

    • Tel: 020 329 3000
      Tel: 0740020832

 

 

 

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