How To Apply For KCB M-Pesa Loan

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

1. Go Sim Toolkit on your mobile loan and click on the M-Pesa menu.
2. Choose “Loans and Savings”.
3. Choose “KCB M-Pesa”.
4. Select “Loan”.
5. Select “Check Loan Limit” and key in your M-Pesa pin number.
6. You will immediately receive a message from M-Pesa with your KCB M-Pesa loan limit.

How to Activate KCB M-Pesa Account

1. Go to M-Pesa menu on your mobile phone.
2. Click on “Loans and Savings”.
3. Choose “KCB M-Pesa” and activate it.

How to Apply For KCB M-Pesa Loan

1. Go to M-Pesa menu on your cell phone.
2. Choose “Loans and Savings”.
3. Choose “KCB M-Pesa”.
4. Select “Loan”.
5. Click on “Request Loan” and enter the loan amount you are eligible to borrow.
6. Key in your M-Pesa pin number and submit the information.
7. You will receive a confirmation message that your loan has been credited to your KCB M-Pesa account.
8. 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

1. Go to “M-Pesa menu” on your mobile phone.
2. Select “Loans and Savings”.
3. Choose “KCB M-Pesa”.
4. Choose “Pay Loan”.
5. Enter your loan amount and submit the information. You can either choose to pay from M-Pesa or KCB M-Pesa account.
6. You will receive a confirmation message from KCB and M-Pesa.

How to Increase KCB M-Pesa Loan Limit

1. Increase your KCB M-Pesa account activity by withdrawing and depositing money.
2. Save a lot on your KCB M-Pesa account.
3. Increase the use of M-Pesa services.

How to Check Your KCB M-Pesa Account Balance

1. Go to “KCB M-Pesa” on your cell phone.
2. Choose “My Account”.
3. Select “Check Balance” and enter your M-Pesa pin.
4. 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.