Kenya Bankers Sacco is a deposit-taking Sacco established on 14th February 1975, offering members from banks, financial institutions, and building societies a range of financial products. With over 25,000 members in 8 branches and 3 sub-branches, it provides loans such as Education Loan, Express Loan, Development Loan, and many more.
Repaying your Kenya Bankers Sacco loan has been made easy via M-Pesa, ensuring secure and convenient transactions.
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Steps to Repay Your Loan Via M-Pesa
- Go to Your M-Pesa Menu
Access the M-Pesa menu on your mobile phone. - Select “Lipa na M-Pesa”
Choose this option for payment services. - Select “Paybill”
This is the service used to transfer funds to Kenya Bankers Sacco. - Enter Business Number: 400444
This is the official Kenya Bankers Sacco Paybill number. - Enter Your Account Number
Use the correct format for your loan account type. Replacexxxxxwith your 5-digit membership number (add leading zeros for numbers less than 5 digits).- Fosa Savings:
010xxxxx011 - Main Savings:
200xxxxx211 - Education Savings:
200xxxxx411 - Micro Savings:
200xxxxx711 - Development Loan:
200xxxxx251 - Express Loan:
200xxxxx151 - Super Loan:
200xxxxx351 - M-Loan:
300xxxxx211 - Kopa Credit:
320xxxxx211
- Fosa Savings:
- Enter the Amount
Specify the amount you wish to repay. - Enter Your M-Pesa PIN
Input your PIN for payment authorization. - Confirm the Transaction
Double-check the details to ensure payment is being sent to Kenya Bankers Sacco (KBSACCO).
Kenya Bankers Sacco Contacts
For assistance or inquiries:
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- Phone: +254 20 514 6500
- Email: [email protected]
Benefits of Repaying Loans via M-Pesa
- Convenience: No need to visit the Sacco branches physically.
- Speed: Payments reflect instantly.
- Flexibility: Accessible 24/7, from anywhere.
Ensure you always use the correct account format and confirm transaction details before completing your payment.
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