KCB M-PESA (One of my Favorite Mobile Loan Apps in Kenya)

KCB M-PESA is a mobile banking service offered by Kenya Commercial Bank in partnership with Safaricom. It allows customers to access quick loans of up to KES 1 million with repayment terms ranging from one week to twelve months. KCB M-PESA loans have low interest rates and are preferred by many Kenyans.

Save and Borrow on KCB M-PESA right from your phone. Put money away in a fixed deposit or target savings account, and grow your money at an interest rate of over 6%* p.a. Save as little as Kes.50; the more you save, the higher you grow your credit limit.

KCB M-PESA limits;

You can deposit up to KES 150K into KCB M-PESA savings at a go.
You can withdraw up to KES 150K into KCB M-PESA savings at a go.

Activate KCB M-PESA in four easy steps

Go to your M-PESA menu
Select ‘Loans & Savings’
Select ‘KCB M-PESA’
Click on ‘Activate’

You are now all set to save and borrow with KCB M-PESA.

Weka-weka na KCB M-PESA

Start saving now and grow your money easily on your phone with interest rates of over 6%* p.a. It’s easy. And the more you save, the more you can borrow

Target Savings Account

Set your savings target over a 1 up to 12 months and make deposits towards achieving that target on KCB M-PESA. Weka-weka your savings continuously until you achieve your target, from a minimum of KES 50.

Set up your Target savings account in these easy steps;

Go to your M-PESA menu
Select Loans and Savings
Select KCB M-PESA
Select Fixed Savings
Select Target Savings Account
Select Open Account
Select source of funds;
Enter Target amount you intend to save for the period (amount needs to be more than KES 1000)
Enter period of 1 up to 12 months
Enter initial deposit amount (not less than KES 50)
Enter your M-PESA PIN and confirm transaction
You will receive an M-PESA confirmation.

You are now all set, top up your savings until you achieve your target.

Fixed Savings Account

Put money away for a project, a travel plan or simply for a rainy day with a KCB M-PESA fixed savings account, locking your money for a period of 1 up to 12 months. Open this account with a minimum of KES 500 and earn interest of over 6%* p.a., on your accumulated savings.

Early or premature redemption will forfeit all interest acquired.

Set up your Fixed savings account in these easy steps;