How to Activate M-Pawa Account. This is a revolutionary banking product from CBA and Vodacom that allows you to save money through your phone,earn interest from your savings and eventually get micro loans when you need them. M-Pawa is here as a reliable friend who will give youa helping hand to move forward and see your plan through in life. With M-Pawa
In compliance with the regulator, VAT wil be levied on all facility fees charged on M-Pawa loans with effect from 12/08/2017. This effectively means that on loan disbursement both Facility Fees will be deducted the loan amount
You will be able to open and operate a savings account on your mobile phone, via M-Pesa without having to visit the bank or fill out any forms.
You will save as little as Tsh 1 and earn interest on the saving balance. Interest is calculated daily and paid out at the end of each calendar quarter.
You will be able to move money between M-Pawa savings account and M-Pesa account at no charge.
There is no minimum balance on M-Pawa.
M-Pawa is simple, reliable and instant and convenient
There are no ledger fees.
If you believe that access to format banking services shouldn’t be a hassle. Then M-Pawa is for you. To know more about M-Pawa, please go through the following frequently asked questions. And for Terms and Conditions
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