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Select a Provider for Your Bid Bond

Choose a bank, microfinance institution, or insurer to issue your bid bond. Each provider's tile is tinted with its own brand palette so you can spot familiar names instantly.

Tender
PROVISION OF RESIDENTIAL SECURITY SERVICES
Entity
Independent Electoral and Boundaries Commission
Bond Amount
Ksh 20,000

Banks

6
Kenya Commercial Bank logo
BankDigital

Kenya Commercial Bank

4.8·KCB

Largest bank in East Africa with full digital bid-bond issuance and same-day approval for vetted SMEs.

Processing
24 hours
Fees
1.5% of bond amount
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KCB4.8
Processing
24 hours
Fees
1.5% of bond amount
Estimated feeKES 300
Absa Bank Kenya logo
BankDigital

Absa Bank Kenya

4.5·Absa

Wide branch network and corporate banking expertise. Good for repeat bidders.

Processing
48 hours
Fees
1.7% of bond amount
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Absa4.5
Processing
48 hours
Fees
1.7% of bond amount
Estimated feeKES 340
NCBA Bank Kenya logo
BankDigital

NCBA Bank Kenya

4.6·NCBA

Fast turnaround through Loop digital platform; competitive on infrastructure tenders.

Processing
24 hours
Fees
1.6% of bond amount
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NCBA4.6
Processing
24 hours
Fees
1.6% of bond amount
Estimated feeKES 320
Co-operative Bank logo
BankDigital

Co-operative Bank

4.5·Co-op

Strong relationships with government parastatals and SACCOs. Reliable for county tenders.

Processing
24-72 hours
Fees
1.8% of bond amount
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Co-op4.5
Processing
24-72 hours
Fees
1.8% of bond amount
Estimated feeKES 360
Equity Bank Kenya logo
BankDigital

Equity Bank Kenya

4.7·Equity

Aggressive SME pricing and a fully digital application portal. Strong fit for new bidders.

Processing
12-48 hours
Fees
1.2% of bond amount
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Equity4.7
Processing
12-48 hours
Fees
1.2% of bond amount
Estimated feeKES 240
Standard Chartered Kenya logo
Bank

Standard Chartered Kenya

4.6·StanChart

Best for high-value international tenders and consortia with cross-border guarantees.

Processing
48-72 hours
Fees
2.0% of bond amount
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StanChart4.6
Processing
48-72 hours
Fees
2.0% of bond amount
Estimated feeKES 400

Microfinance Institutions

3

Insurance Providers

2