Loans and Savings with Airtel Money
Airtel Money offers a variety of financial services to enhance your mobile banking experience, including loans and savings options. Here’s a detailed look at the available services:
Kopa Cash
Kopa Cash is a short-term unsecured loan service available to Airtel customers. It is designed to provide quick financial assistance without the need for savings or collateral. Whether you need funds for an emergency, education, business growth, or other purposes, Kopa Cash is here to help.
Eligibility Criteria:
- Must be an Airtel customer aged 18 or older.
- Must have been a registered Airtel subscriber for at least 90 days.
- Must have a registered and active Airtel Money account.
- Must be actively using other Airtel services, such as Airtime, SMS, and Data.
How to Access Kopa Cash:
- Dial *334#.
- Select Loans.
- Select Kopa Cash.
Terms and Conditions:
- Specific terms and conditions apply. Please refer to the service agreement when accessing the loan.
M-Fanisi
M-Fanisi offers a comprehensive range of financial services to Airtel Money subscribers, including loans, savings accounts, and fixed deposit accounts.
Services Offered:
- Loans: Access loans with repayment periods of 7, 14, or 30 days at competitive facility fees of 4%, 6%, and 10%, respectively. Excise duty applies to the fees.
- Fixed Deposit Accounts: Open a fixed deposit account for 1 to 12 months and earn attractive interest rates ranging from 8.50% to 11.25% per annum, depending on the deposit period.
- Savings Accounts: Earn 7% per annum on savings.
- Money Transfers: Transfer money between M-Fanisi and Airtel Money at no additional fee.
How to Register for M-Fanisi:
- Dial *334#.
- Select Loans.
- Select M-Fanisi.
Airtel Money and Your Bank
Airtel Money enables seamless and secure money transfers between your bank account and Airtel Money, providing convenience and flexibility for managing your finances. The service supports transfers from several major banks in Kenya.
Supported Banks and Transfer Codes:
- Equity Bank: Dial *247#
- Standard Chartered Bank: Use Internet Banking or App.
- ABSA Bank Kenya: Dial *224#
- NCBA Bank Kenya: Dial *488#
- Family Bank: Dial *325#
- Diamond Trust Bank: Dial *382#
- I&M Bank: Dial *458#
- Eco Bank: Dial *335#
- KWFT: Dial *859#
- Bank of Africa: Dial *987#
- Credit Bank: Dial *699#
- Dubai Islamic Bank: Dial *278#
Additional Benefits of Airtel Money
Rudishiwa Transaction Fees kama Airtime
Airtel Money customers enjoy the benefit of having their withdrawal transaction fees refunded as airtime. Withdraw as little as Kes 50 from any Airtel Money agent and receive a refund on the withdrawal charges up to the daily limit of Kes 250,000.
#Till ni Till: Pay to Any M-PESA Buy Goods Till for Free
Paying for goods using Airtel Money at any M-PESA Buy Goods Till is now free of charge. Simply dial *334#, select option 6, and choose ‘M-PESA Till’ or use the My Airtel App to complete the transaction.
Free Money Transfers
Sending money using Airtel Money across networks is affordable and free when sending to other Airtel customers. Dial *334# and select ‘Send Money’ or use the My Airtel App for hassle-free transfers.
Zero Charges on Utility Bill Payments
Airtel Money offers free bill payments for utilities such as water, electricity, and Pay TV services like DSTV, GOtv, and Zuku. Dial *334#, select option 6, and then choose ‘Airtel Paybill’ or use the My Airtel App to make payments.
Savings on Withdrawal Charges
Airtel Money users save up to 40% on transaction charges when withdrawing money. Dial *334# and select ‘Withdraw Money’ or use the My Airtel App for withdrawals.
25% Extra Airtime
Get 25% extra airtime when purchasing through Airtel Money. Dial *334#, select ‘Buy Airtime,’ then ‘Self,’ or use the My Airtel App. Check the extra airtime by dialing *131*1#. The bonus airtime is valid for 24 hours and can be used for calls and SMS.
When buying airtime for another Airtel number, you receive 5% extra airtime. Check the awarded extra airtime by dialing *131#.
Start Enjoying Airtel Money Today
To take advantage of these benefits, start using Airtel Money by dialing *334# or through the My Airtel App. Experience convenience, savings, and reliable service with Airtel Money.