Gulf African Bank Limited Interest Rate Report

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The following are the average % interest rates charged by the bank featured on the cost of credit service.

Mortgage

January

15.75%
Last updated on: 04/07/2025

February

15.75%
Last updated on: 04/07/2025

March

15.75%
Last updated on: 04/07/2025

April

15.75%
Last updated on: 04/07/2025

May

15.75%
Last updated on: 04/07/2025

June

15.75%
Last updated on: 04/07/2025

July

15.75%
Last updated on: 04/07/2025

August

15.75%
Last updated on: 04/07/2025

September

15.75%
Last updated on: 04/07/2025

October

15.75%
Last updated on: 04/07/2025

November

15.75%
Last updated on: 04/07/2025

December

15.75%
Last updated on: 04/07/2025

Mortgages 1-5 Years

January

13.00%
Last updated on: 25/06/2020

February

13.00%
Last updated on: 25/06/2020

March

13.00%
Last updated on: 25/06/2020

April

13.00%
Last updated on: 25/06/2020

May

13.00%
Last updated on: 25/06/2020

June

13.00%
Last updated on: 25/06/2020

July

13.00%
Last updated on: 25/06/2020

August

13.00%
Last updated on: 25/06/2020

September

13.00%
Last updated on: 25/06/2020

October

13.00%
Last updated on: 25/06/2020

November

13.00%
Last updated on: 25/06/2020

December

13.00%
Last updated on: 25/06/2020

Personal Secured Loan Up to 1 year

January

18.25%
Last updated on: 19/09/2024

February

18.25%
Last updated on: 19/09/2024

March

18.25%
Last updated on: 19/09/2024

April

18.25%
Last updated on: 19/09/2024

May

18.25%
Last updated on: 19/09/2024

June

18.25%
Last updated on: 19/09/2024

July

18.25%
Last updated on: 19/09/2024

August

18.25%
Last updated on: 19/09/2024

September

18.25%
Last updated on: 19/09/2024

October

18.25%
Last updated on: 19/09/2024

November

18.25%
Last updated on: 19/09/2024

December

18.25%
Last updated on: 19/09/2024

Personal Secured Loan Up to 5 years

January

17.75%
Last updated on: 04/07/2025

February

17.75%
Last updated on: 04/07/2025

March

17.75%
Last updated on: 04/07/2025

April

17.75%
Last updated on: 04/07/2025

May

17.75%
Last updated on: 04/07/2025

June

17.75%
Last updated on: 04/07/2025

July

17.75%
Last updated on: 04/07/2025

August

17.75%
Last updated on: 04/07/2025

September

17.75%
Last updated on: 04/07/2025

October

17.75%
Last updated on: 04/07/2025

November

17.75%
Last updated on: 04/07/2025

December

17.75%
Last updated on: 04/07/2025

Personal Secured Loan Up to 10 years

January

13.50%
Last updated on: 22/07/2022

February

13.50%
Last updated on: 22/07/2022

March

13.50%
Last updated on: 22/07/2022

April

13.50%
Last updated on: 22/07/2022

May

13.50%
Last updated on: 22/07/2022

June

13.50%
Last updated on: 22/07/2022

July

13.50%
Last updated on: 22/07/2022

August

13.50%
Last updated on: 22/07/2022

September

13.50%
Last updated on: 22/07/2022

October

13.50%
Last updated on: 22/07/2022

November

13.50%
Last updated on: 22/07/2022

December

13.50%
Last updated on: 22/07/2022

Personal Unsecured Loan Up to 1 year

January

17.75%
Last updated on: 13/09/2024

February

17.75%
Last updated on: 13/09/2024

March

17.75%
Last updated on: 13/09/2024

April

17.75%
Last updated on: 13/09/2024

May

17.75%
Last updated on: 13/09/2024

June

17.75%
Last updated on: 13/09/2024

July

17.75%
Last updated on: 13/09/2024

August

17.75%
Last updated on: 13/09/2024

September

17.75%
Last updated on: 13/09/2024

October

17.75%
Last updated on: 13/09/2024

November

17.75%
Last updated on: 13/09/2024

December

17.75%
Last updated on: 13/09/2024

Personal Unsecured Loan Up to 5 years

January

17.75%
Last updated on: 13/09/2024

February

17.75%
Last updated on: 13/09/2024

March

17.75%
Last updated on: 13/09/2024

April

17.75%
Last updated on: 13/09/2024

May

17.75%
Last updated on: 13/09/2024

June

17.75%
Last updated on: 13/09/2024

July

17.75%
Last updated on: 13/09/2024

August

17.75%
Last updated on: 13/09/2024

September

17.75%
Last updated on: 13/09/2024

October

17.75%
Last updated on: 13/09/2024

November

17.75%
Last updated on: 13/09/2024

December

17.75%
Last updated on: 13/09/2024

Personal Unsecured Loan Up to 10 years

January

15.00%
Last updated on: 04/07/2025

February

15.00%
Last updated on: 04/07/2025

March

15.00%
Last updated on: 04/07/2025

April

15.00%
Last updated on: 04/07/2025

May

15.00%
Last updated on: 04/07/2025

June

15.00%
Last updated on: 04/07/2025

July

15.00%
Last updated on: 04/07/2025

August

15.00%
Last updated on: 04/07/2025

September

15.00%
Last updated on: 04/07/2025

October

15.00%
Last updated on: 04/07/2025

November

15.00%
Last updated on: 04/07/2025

December

15.00%
Last updated on: 04/07/2025

Disclaimer

These are indicative rates to guide you in your planning. If you are interested in a bank loan, you should contact the bank directly for an official statement of the interest rate for the facility you wish to borrow. The interest rates may vary based on your risk score.