KCB M-PESA Loan | How to Apply | Up to Ksh.1 Million | No Collateral

Learn how to apply for KCB M-PESA Loan and get up to Ksh. 1 million with no low interest rate, no collateral or documentation needed, and repay at your convenience usually within 2 - 6 months repayment terms.


KCB M-Pesa is a mobile loan service in Kenya that was established through a partnership deal between Kenya commercial bank (KCB) and Safaricom's mobile money service M-PESA.

KCB loans is an innovative product that has brought much convenience and flexibility in banking accessible from the Sim toolkit, as well as from the MySafaricom app.

Other than giving out loans to individuals, the KCB M-Pesa has other amazing products called Fixed Saving Account (FSA) and Target Savings Account (TSA). FSA allow you to earn an interest when you choose to lock up funds for 12 months. TSA allow you to set a target and make deposits towards achieving that target.

Table of Contents
  • How KCB M-PESA Loan Works
  • How to create a KCB M-PESA Account
  • KCB M-PESA loan Requirements
  • How to get a loan
  • Interest Rate
  • Loan Limit
  • How to repay KCB M-PESA loan
  • Customer care service number
  • Head office
  • Conclusion.

How KCB M-PESA Loan Works In Kenya

  1. Register by creating a KCB M-PESA Account.
  2. Fill in your personal details.
  3. View your loan limit and apply for loan.
  4. Receive your loans.
  5. Repay on time to increase your loan limits.

How to Create a KCB M-PESA Account


  • With your mobile phone, dial *844# and send.
  • Follow the on-screen commands.
  • Accept it's terms and conditions.
  • You will receive an SMS with the details of your PIN.
  • Dial *844# to access the KCB M-PESA account menu.
  • The system will prompt you to change your PIN to avoid third party access.
  • You have finally created your KCB M-PESA account.

KCB M-PESA Loan Requirements

  1. You must be a registered KCB M-PESA or Safaricom customer.
  2. You must have an active safaricom/ KCB M-PESA account.
  3. You must have an active/ valid means of identification.

How to get a loan from KCB M-PESA

  1. Dial *844# and send.
  2. Select loans and Savings.
  3. Select KCB M-PESA.
  4. Select <loan><Request loan><Enter amount>.
  5. Choose your loan repayment tenure.
  6. Now, enter your KCB M-PESA PIN.
  7. Receive your loan directly to your KCB M-PESA Account.

KCB M-PESA Loan Interest Rates


KCB M-PESA loan monthly interest rate is 1.06% down from 3.6% previously, with a one-off negotiation fee of 6.44%. The cost for the one month loan is 7.5% including excise duty application on fees.

KCB M-PESA Loan Limits

KCB M-PESA loan limits ranges from Ksh 500 - Ksh 1,000,000 with a repayment tenure of 1 - 6 months.

How to repay your KCB M-PESA Loan

  1. Access the M-PESA menu or dial *844#.
  2. Select loans and savings.
  3. Select KCB M-PESA.
  4. Select pay loan
  5. Enter your loan repayment amount
  6. Wow, you have successfully paid off your loan.

You can also repay your KCB M-Pesa loan by following these steps:

  1. Go to your M-Pesa menu.
  2. Select Lips na M-Pesa.
  3. Select paybill.
  4. Enter paybill number 522522.
  5. Enter your phone number you used to take loan as account number.
  6. Enter amount and your M-Pesa PIN.
  7. Wow, you have successfully repay your KCB M-Pesa loan.

KCB M-Pesa Customer Loan Care Number

For issues or complain, please contact KCB M-Pesa on +254(711)087000; +254(732)187009.
Email KCB M-PESA at contactcentre@kcbgroup.com

KCB M-PESA Head Office

Kencom, Moi Avenue, Nairobi, Kenya.


KCB M-PESA loan is available for all Kenyans who which to borrow loans either to help finance their business, for medical issues or for other personal issues. Available to all safaricom users and M-PESA Account holders. Please repay your loans on time to increase your loan limits.

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