
Here is a simple guide on how to apply for KCB M-Pesa loan. KCB M-Pesa is a partnership between Safaricom and KCB that enables Safaricom’s clients to access instant loans at a low-interest rate of 1.06% p.m, with a one-time negotiation fee of 6.44%.
The service also allows customers to save and transfer money in and out of their KCB M-Pesa accounts free of charge.
Requirements of KCB M-Pesa Account
- Be a registered M-Pesa customer whose account is active.
How to Check My KCB M-Pesa Loan Limit
- Go Sim Toolkit on your mobile loan and click on the M-Pesa menu.
- Choose “Loans and Savings”.
- Choose “KCB M-Pesa”.
- Select “Loan”.
- Select “Check Loan Limit” and key in your M-Pesa pin number.
- You will immediately receive a message from M-Pesa with your KCB M-Pesa loan limit.
How to Activate KCB M-Pesa Account
- Go to M-Pesa menu on your mobile phone.
- Click on “Loans and Savings”.
- Choose “KCB M-Pesa” and activate it.
How to Apply For KCB M-Pesa Loan
- Go to M-Pesa menu on your cell phone.
- Choose “Loans and Savings”.
- Choose “KCB M-Pesa”.
- Select “Loan”.
- Click on “Request Loan” and enter the loan amount you are eligible to borrow.
- Key in your M-Pesa pin number and submit the information.
- You will receive a confirmation message that your loan has been credited to your KCB M-Pesa account.
- In order to access the loan, go to KCB M-Pesa menu and choose “Withdraw to M-Pesa”. This process will take less than a minute.
How to Pay KCB M-Pesa Loan
- Go to “M-Pesa menu” on your mobile phone.
- Select “Loans and Savings”.
- Choose “KCB M-Pesa”.
- Choose “Pay Loan”.
- Enter your loan amount and submit the information. You can either choose to pay from M-Pesa or KCB M-Pesa account.
- You will receive a confirmation message from KCB and M-Pesa.
How to Increase KCB M-Pesa Loan Limit
- Increase your KCB M-Pesa account activity by withdrawing and depositing money.
- Save a lot on your KCB M-Pesa account.
- Increase the use of M-Pesa services.
How to Check Your KCB M-Pesa Account Balance
- Go to “KCB M-Pesa” on your cell phone.
- Choose “My Account”.
- Select “Check Balance” and enter your M-Pesa pin.
- You will receive a confirmation message.
KCB M-Pesa Contacts
Email: contactcentre@kcbgroup.com
Tel: +254 (20) 3270000
Tel: +254 (732) 187000
Tel: +254 (711) 087000
Sms: 22522
Conclusion
I hope that this post on how to apply for KCB M-Pesa loan has been of great help to you.
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