Last updated on September 20th, 2020 at 02:11 pm
Mpesa Paybill | How to Repay Your Branch Loan with Mpesa Paybill – This is goodnewsto all our readers and this will be helpful to those that have been getting loan through branch loan app. We recently wrote on Branch Loan | Financial Access. Anytime, anywhere and the post was really helpful to most of our readers. Some can now get loan from another loan lender aside paylater.
The way Paylater happens to be the most undoubtedful famous app for getting loans in Nigeria, the same way Branch is undoubtedly the most famous app for getting loans in Kenya. In this post wewill address the topic on how to repay your Branch Loan with Mpesa.
What is Mpesa Paybill?
The M-Pesa is a mobile phone-based money transfer, just like Ngeria quicktelle; it is, financing and microfinancing service that was launched in 2007 by Vodafone for Safaricom and Vodacom which are the largest mobile network operators in Kenya and Tanzania. However, branch loan could be pay back or settle using this medium.
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How to Repay Branch Loan with Mpesa.
To be credit wise free person, you have to repay all forms of debt you could owe any credit company. Having 100% credit free is highly recommended and says well as per credit score profile of any individual. To be 100% credit free person, you have to pay back loans gotten from any loan agency and in this case, we are referring to branch loan. To do so, follow the steps below for procedure on how to repay your Branch loan with Mpesa.
Branch has a number to identify that you are repaying your loan with Mpesa. The branch Paybill number is 998608 and it will be use during the repayment.
Steps on how to repay branch loan with Mpesa
- Go to Mpesa then Click on Lipa na Mpesa
- Choose Paybill and;
- Do enter Branch Paybill number as 998608.
- Enter your Mpesa Phone number as the Account Number.
- Type the Amount you want to repay.
- Enter your Mpesa Pin and Confirm the Transaction
It quite very obvious above that the repayment process of method to repay branch loan is convenient and not disturbing with SMS, several emails like paylater that can send sms to you over and over in 3-4times few days before the repayment date.
If you are yet to get the app downloaded for loan application, you can do so or, just click HERE to have this app download and install on your device
Enjoy branch loan app and settle urgent and emergency needs.