How to get Bank Loans through USSD codes

Equity Bank
Can I use my phone to borrow money from my bank, microfinance institution or Sacco?

Most Kenyan commercial banks,saccos and microfinance institutions have already embraced the use of mobile banking platforms where customers can easily access banking services over their mobile handsets.

 As 'Loans Kenya', we focus mostly on credit issues.A borrower can access mobile loans through mobile apps, STK/Subscriber menu or USSD codes.Our focus today is on lenders' USSD codes but we shall cover the Mobile apps and STK menus later.

We are therefore, going to list some of the financial institutions with their respective ussd codes that can enable a customer wishing to borrow from their banks do the same conveniently anywhere on their mobile phones.

You must have registered with your bank to access these services.Sometimes, the sim card you are using can affect your access to these services.This is because, some of the ussd codes are only accessible from one mobile telecommunications provider for example, Safaricom or Airtel lines only.

Most codes are accessible over multiple subscriber service providers though.You must register your line with your bank or Sacco before accessing mobile banking services, therefore, you will already be aware of which line to use( the registered one).

Read also How to apply for a mobile loan

Bank loan Ussd short codes

  • Bank of Africa(BOA) *987#
  • Barclays Bank Kenya *224#
  • CFC Stanbic *208#
  • Chase Bank of kenya*275#
  • Commercial Bank of Africa *654#
  • Consolidated Bank of kenya *262#
  • Co-operative Bank of kenya *667#
  • Credit Bank of kenya *669#
  • Diamond Trust Bank(DTB) *385#
  • Ecobank *335#
  • Equatorial Commercial Bank(ECB)*286#
  • Equity Bank of kenya *247#
  • Family Bank of kenya *325#
  • Faulu microfinance DTM *339#
  • First Community Bank (FCB) *342#
  • Gulf African Bank *399#
  • Housing Finance Company *231#
  • I & M Bank Limited *458#
  • Jamii Bora Bank *344#
  • Kenya Commercial Banl(KCB) *522#
  • K-REP BANK *527#
  • Kenya Women Finance Trust(KWFT) DTM *378#
  • Musoni Microfinance Institution(MFI) *279#
  • National Bank of kenya(NBK) *625#
  • NIC Bank Limited *488#
  • Post Office Savings Bank(Post bank) *498#
  • Rafiki Microfinance bank DTM *366#
  • SMEP DTM *741#
  • Standard Chartered Bank(SCB) *722#
  • Transnational Bank of Kenya *862#
  • United Bank of Africa(UBA) Bank *368#
  • Vision Fund Kenya *985#
  • GTbank of kenya *878#

There are other transactions you can perform with a bank ussd code including transferring money from one account to another or bank to bank or bank to phone(Mpesa, Airtel money, Yu cash,orange money),buy goods, retrieve statements among other more activities.

 For the purpose of borrowing a loan, please find where the words 'loan services' or 'credit services' are located after dialling the ussd code on your mobile phone and then proceed with the next steps.




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