KCB M-PESA is a loan product by the KCB Bank and is being served by Safaricom over the M-Pesa service. From Advertisements Through KCB M-PESA Loan Limit, one can get up to Kes 1 million as the maximum loan amount at a go and instantly.
Who can get KCB M-PESA Loan?
The unsecured mobile loan is available to Safaricom Mpesa subscribers with a minimum of six months of 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 to or less than the loan limit provided.
It can happen that after six months of Mpesa usage, your loan limit remains at zero. No need to panic because I’ll share how to easily get a KCB M-PESA loan limit rise as you continue reading this post.
Kindly note that it’s not a must for you to be a KCB bank customer to use this service.
Ways to get a KCB M-PESA 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 KCB M-PESA
- Frequently top up to and withdraw from your Mpesa
MUST READ: How to Deposit Money from M-PESA to KCB
How to apply for the loan from KCB M-PESA
It’s time to take a loan from KCB M-PESA now. There are two ways to do that;
- Directly from the Mpesa Menu
- Through the Mysafaricom app
1. From the Mpesa menu
This is the easiest and most common way to take a loan from KCB-MPESA. With a feature phone or a smartphone, here is the process;
- Open Safaricom Menu
- Select Mpesa
- Select Loans and Savings
- Select KCB M-PESA
- Select Apply Loan
2. Through the Mysafaricom app
This is only for those with smartphones. Here is the process;
- Download Mysafaricom app
- Open the app
- Select Loans and Savings
- Select KCB M-PESA
- Select Apply for a loan
Approved loans will be directly sent to your Mpesa account.
MUST READ: The Truth Behind World Coin Why Kenyans Should Exercise Caution
How to pay the KCB M-PESA 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 M-PESA or if you have enough savings in your KCB M-PESA account, you can choose that and pay.
'Want to send us a story? WhatsApp us on +254729 334 564 or Submit to NAIROBIminiBLOGGERS via our Email nairobiminiblogger@gmail.com'
Drop Your Comments, What do you think About The Article?