Eazzy Loan by Equity Bank Kenya has revolutionised digital borrowing in Kenya. With amounts ranging from KSh 100 to an impressive KSh 3,000,000, the offer suits both personal and business needs. No guarantor is required, and the process is 100% digital – bringing true convenience to borrowers in Kenya.

Notably, the repayment period is flexible, with options for one-off or monthly instalments up to 24 months. Funds are disbursed instantly into your Equity Bank account, enabling quick access when you need funds most. You must have had an active account for 6 months, use EazzyApp or Equitel, and channel regular income to qualify. Always check the applicable charges as per the latest tariff guide.

How to Apply for Eazzy Loan

• Log in to the Equitel menu or Equity Mobile App
• Select the ‘My Money’/‘Borrow’ option
• Choose ‘Loans’ then ‘Get Loan’
• Select the loan type and your Equity account
• Enter the desired amount and confirm with your PIN

Eazzy Loan Pros

Eazzy Loan requires no paperwork or guarantor. Application can be completed from your phone or laptop, cutting out long queues at the bank branch entirely.

Disbursement is instant into your account, perfect for emergencies. Borrowers get up to KSh 3 million, which is higher than many local digital lenders.

Eazzy Loan Cons

Interest rates and fees may vary, and total costs can be high if you are not disciplined with repayments. Make sure to review the tariff guide.

Eligibility is restricted to Equity Bank clients with active accounts for at least six months. New clients cannot access this product immediately.

Our Verdict

Eazzy Loan is a very competitive option for existing Equity Bank users seeking convenient, high-limit loans. The speed of access and moderate flexibility make it a leading choice in its class. However, always review the current rates and your repayment ability before borrowing.