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Saturday, November 14, 2020

KCBMpesa - How to apply for Loans, Paybill ,Contacts

    November 14, 2020   No comments

KCBMPESA

KCBMPESA is a loan product by the KCB Bank and is being served by Safaricom over the Mpesa service.

Through KCBMPESA, one can get up to kes 1million as the maximum loan amount at a go  and instantly.

Who can get KCBMPESA Loan

The unsecured mobile loan is available to Safaricom mpesa subscribers with a minimum of six months usage of the Mpesa service.

At this point, KCB will give you, the Mpesa user a loan limit after which you can apply for an amount equal or less than the loan limit provided.

It can happen that after the six months of mpesa usage ,your loan limit remains at zero. No need to panic because I'll share how to easily get a KCBMPESA loan limit rise as you continue reading this post.

Kindly note that it's not a must you be a KCB bank customer to use this service. 

Ways to get a KCBMPESA Loan Limit Rise .

If your loan limit is low and you want it to rise ,here are the tricks to do;

  • Make all transactions through Mpesa 
  • Save with KCBMPESA 
  • Frequently top up to and withdraw from your mpesa

How to apply loan from KCBMPESA 

It's time to take a loan from  KCBMPESA now. There are two ways to do that;

●Directly from the Mpesa Menu 
● Through mysafaricom app

1. From Mpesa menu 

This is the easiest and most common way to take a loan from KCBMPESA. With a feature phone or a smartphone, here is the process;
  • Open Safaricom Menu
  • Select Mpesa 
  • Select Loans and Savings 
  • Select KCBMPESA 
  • Select Apply Loan

2. Through Mysafaricom app 

This is only for those with smartphones. Here is the process;
  • Download Mysafaricom app
  • Open the app
  • Select Loans and Savings 
  • Select KCBMPESA 
  • Select Apply loan
Approved loans will be directly sent to your mpesa account. 


How to pay KCBMPESA loan

After 30 days ,it will be time to repay the loan. Don't worry, you'll receive notifications about the same.

You can pay via Mpesa or if you have enough savings in your KCBMPESA account, you can choose that and pay.

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Mwabaya Katana

About Mwabaya Katana

Mwabaya Katana is a Finance Online Researcher and Writer.He is the founder of 'Loans Kenya' Blog.

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