A polyester for a toner obtained by polycondensing an aliphatic hydroxycarboxylic acid compound having a total number of hydroxy group or groups and carboxyl group or groups of 4 or more; an alcohol component containing an aliphatic diol having a hydroxyl group bound to a secondary carbon atom in an amount of 50% by mol or more; and a carboxylic acid component, provided that the aliphatic hydroxycarboxylic compound is not included, wherein the aliphatic hydroxycarboxylic acid compound and the aliphatic diol having a hydroxyl group bound to a secondary carbon atom are in a molar ratio, i.e. the aliphatic hydroxycarboxylic acid compound/the aliphatic diol having a hydroxyl group bound to a secondary carbon atom, of from 0.05 to 0.8; a resin binder for a toner, containing the polyester; and a toner for electrophotography, containing the resin binder. The polyester for a toner of the present invention is suitably used for a resin binder of a toner usable in development or the like of latent images formed in, for example, electrophotography, electrostatic recording method, electrostatic printing method or the like.