Best loan rates in Ethiopia — all 31 banks compared.
Personal, home mortgage, car and business loan rates from every commercial bank — verified from official sources and sorted by lowest rate.
Live data
Personal loans
#
Bank
Min rate
Max rate
Max term
Max amount
Verified
60 months max · —
13.50%
60 months max · —
14.50%
Rates sourced from official bank websites · For comparison only · Sorted by minimum rate
Compare savings rates →Live data
Home mortgage loans
#
Bank
Min rate
Max rate
Max term
Max amount
Verified
Loan rate data is being verified. Check back soon.
Rates sourced from official bank websites · For comparison only · Sorted by minimum rate
Compare savings rates →Live data
Business loans
#
Bank
Min rate
Max rate
Max term
Max amount
Verified
84 months max · —
13.00%
120 months max · —
14.00%
Rates sourced from official bank websites · For comparison only · Sorted by minimum rate
Compare savings rates →Rates are for comparison purposes only and may change without notice. Always verify directly with the institution before applying. BirrBank is not a bank or financial adviser.
EMI calculator
Calculate your monthly repayment.
Enter your loan amount, the bank rate from the table above, and your preferred term to see your monthly EMI instantly.
EMI Calculator
Equated Monthly Instalment
For comparison purposes only. Actual EMI may vary based on processing fees and insurance requirements. Always confirm with the bank before applying.
Borrowing guide
How to choose the best loan in Ethiopia.
01
Compare the minimum rate, not the maximum
Banks quote a rate range. The minimum rate applies to their best customers — strong credit history, high income, good collateral. Always ask which rate you personally qualify for.
02
Factor in the total cost, not just the rate
Processing fees, insurance requirements and collateral valuation costs add to the effective cost of a loan. A bank with a 13% rate and ETB 5,000 in fees may cost more than a 13.5% rate with no fees.
03
Collateral requirements vary significantly
Most Ethiopian banks require collateral for personal loans above ETB 50,000. CBE accepts vehicle logbooks and land title deeds. Some private banks offer unsecured personal loans at higher rates.
Data integrity
Every rate has a verified date. Always.
Loan rates are sourced from official bank websites and verified weekly. Any rate older than 7 days is flagged automatically.
Loan rate changes, direct to your inbox.
Get notified when banks change their loan rates — weekly digest across all 31 commercial banks.
- Personal, home and business loan rate changes
- New loan products and promotional rates
- NBE lending rate directive changes
- Collateral requirement updates
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