Need to deposit money into your Equity Bank account from M-Pesa? You’re not alone. Millions of Kenyans rely on Equity Bank for everyday banking because of its wide branch network and reliable digital services.
Thanks to M-Pesa, you don’t need to visit a bank or ATM. You can send money directly to your Equity account anytime using the official Equity Paybill number 247247.
This guide explains how to send money from Mpesa to an Equity account safely, quickly, and without errors.
Easy Steps To Send Money From Mpesa To Equity Account
Sending money from Mpesa to Equity Bank takes less than a minute and can be done on any phone.
Step-by-Step Process
Follow these steps carefully:
- Open the M-Pesa menu on your phone
- Select Lipa na M-Pesa
- Choose Paybill
- Enter 247247 as the Business Number (official Equity Paybill)
- Enter your Equity Bank account number
- Enter the amount you want to deposit
- Input your M-Pesa PIN and press OK
You will receive confirmation messages from both M-Pesa and Equity Bank once the transaction is successful.
Benefits Of Using Mpesa To Deposit Into Equity Account
Using Mpesa to fund your Equity account comes with several advantages.
Convenience
You don’t need to visit a branch or ATM. The service works 24/7, including weekends and public holidays. You can send money from anywhere, even when traveling.
Instant Confirmation
Both Mpesa and Equity Bank send SMS confirmations immediately. This allows you to track your money in real time and confirms that the deposit has gone through successfully.
Things To Remember When Sending Money To Equity Account
Although the process is simple, a few checks can save you from costly mistakes.
Double-Check Account Numbers
Always confirm that the account number you enter is correct. A single digit error can send your money to the wrong account, which may take time to reverse.
Stay Within Mpesa Limits
Mpesa transaction limits apply:
- Maximum per transaction: Ksh 150,000
- Maximum per day: Ksh 300,000
If you need to deposit more, split the amount into multiple transactions.
What To Do If The Money Doesn’t Reflect
In most cases, the money reflects instantly. However, if there’s a delay:
- Wait a few minutes to rule out network issues
- Contact Equity Bank customer care at 0763 063000
- Reach out on X (Twitter): @KeEquityBank
- Message Equity Bank Kenya on Facebook
Always keep your Mpesa confirmation message. It contains the transaction code needed to trace your payment quickly.
Sending money from Mpesa to an Equity account is one of the safest and fastest ways to bank in Kenya. As long as you use the correct Paybill number 247247 and confirm your account details, the process is smooth and reliable.
