Estimate the interest, excise duty, and total repayment on a Tala loan based on the loan amount, term, and daily interest rate.
Tala prices a loan by the day, not with a single one-time fee like KCB M-PESA or M-Shwari — a daily interest rate is multiplied by however many days you hold the loan, then Kenya's 20% excise duty is charged on that interest. This Tala Loan Calculator takes your loan amount, term, and daily rate and shows the interest, excise duty, and total repayment.
How Is a Tala Loan Interest Calculated?
Tala charges a daily interest rate of between 0.3% and 0.6% of the loan principal, multiplied by the number of days in your loan term. A KES 10,000 loan at 0.5% per day over 30 days accrues KES 1,500 in interest before excise duty is added.
What Determines Your Daily Interest Rate?
Your borrowing and repayment history inside the Tala app sets your daily rate. First-time and higher-risk borrowers are priced closer to the 0.6% ceiling, while borrowers with a strong on-time repayment record move toward the 0.3% floor over successive loans. Tala shows your actual rate on the loan offer screen before you accept.
Does Tala Charge Excise Duty on Top of Interest?
Yes. Kenya's excise duty adds a further 20% charge on the interest amount itself, not on the loan principal. KES 1,500 of interest carries KES 300 of excise duty, so your total cost of borrowing is the interest plus the excise duty combined.
What Are Tala's Loan Limits in Kenya?
Tala loans start as low as KES 1,000–2,000 for first-time borrowers and can grow to KES 50,000 for established customers with a consistent on-time repayment record. Your limit rises gradually the more loans you repay in full and on time.
Does Tala Charge a Loan Processing Fee?
No. Tala charges no separate processing fee on a loan — the daily interest rate and the 20% excise duty on that interest are the only costs added to the principal you borrow.
How Do I Use the Tala Loan Calculator?
Enter your loan amount and the loan term in days, then set the daily interest rate — use the slider if you don't know your exact rate; 0.5% is a reasonable mid-range estimate. The calculator multiplies your amount by the daily rate and the number of days to get total interest, adds 20% excise duty on that interest, and shows your total repayment and due date.
Verify with Tala: This calculator applies the 0.3%–0.6% daily interest range and 20% excise duty on interest published in Tala's in-app loan help centre. Your exact rate depends on your individual borrower profile and is always shown in the Tala app before you accept a loan offer, so confirm the final figure there before borrowing.
How much interest does Tala charge in Kenya?
Tala charges a daily interest rate of between 0.3% and 0.6% of the loan amount, multiplied by the number of days you borrow, plus a 20% excise duty on the interest charged.
What is the minimum and maximum Tala loan amount?
Tala loans start from KES 1,000–2,000 for first-time borrowers and can reach up to KES 50,000 for established customers with a strong repayment history.
Does Tala charge a loan processing fee?
No. Tala does not charge a separate loan processing fee — the only costs are the daily interest rate and the 20% excise duty applied to that interest.