Education Loan

This loan is tailored to meet the needs of Parents, Guardians and Students like Payment for school fees/ Tuition and meeting other educational requirements like computers, laptops, and study kits for those doing professional courses like CIM, ACCA, CPA, CIB, CIPS etc.


  • Bank account with PostBank
  • Verifiable source of income
  • Beneficiary student must be enrolled or offered admission
  • Filled education loan application form
  • Salary account for those using salary as sources of payment for the loan
  • Employed on permanent terms for a minimum of six months
  • Salary employees on contract terms will be allowed to apply and the payment period will not exceed the remain period of the contract 
  • Original copy of salary payment slip

Security requirements

Customers with salary Accounts can provide the following:

  • Undertaking letter from the employer
  • Assignment of terminal, death or work compensation benefits
  • Lien on salary account balances

Customers with regular source of income other than monthly salary with PostBank can provide  can provide the following as security:

  • Savings on early start account
  • Registered chattels like vehicles, motor cycles
  • Land titled / kibanja
  • Business equipment and machinery
  • House hold property
  • PostBank Fixed deposit receipts
  • Lien on the early start account
  • Guarantors


  • Quick processing time of within 48 hours
  • Low interest rates
  • Flexible interest rates
  • No collateral for salaried employees
  • No penalty for early repayment
  • Accessed at any of our PostBank branches at no extra cost
  • Flexible repayment period to match the customer’s source of income
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