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Ways to Increase KCB M-PESA Loan Limit

KCB M-PESA Loan Limit

KCB M-PESA is a loan product by the KCB Bank and is being served by Safaricom over the M-Pesa service. From Advertisements Through KCB M-PESA Loan Limit, one can get up to Kes 1 million as the maximum loan amount at a go and instantly.

Who can get KCB M-PESA Loan?

The unsecured mobile loan is available to Safaricom Mpesa subscribers with a minimum of six months of usage of the Mpesa service.

At this point, KCB will give you, the Mpesa user a loan limit after which you can apply for an amount equal to or less than the loan limit provided.

It can happen that after six months of Mpesa usage, your loan limit remains at zero. No need to panic because I’ll share how to easily get a KCB M-PESA loan limit rise as you continue reading this post.

Kindly note that it’s not a must for you to be a KCB bank customer to use this service. 

Ways to get a KCB M-PESA Loan Limit Rise.

If your loan limit is low and you want it to rise, here are the tricks to do;

  • Make all transactions through Mpesa 
  • Save with KCB M-PESA 
  • Frequently top up to and withdraw from your Mpesa

MUST READ: How to Deposit Money from M-PESA to KCB

How to apply for the loan from KCB M-PESA 

It’s time to take a loan from  KCB M-PESA now. There are two ways to do that;

  • Directly from the Mpesa Menu 
  • Through the Mysafaricom app

1. From the Mpesa menu 

This is the easiest and most common way to take a loan from KCB-MPESA. With a feature phone or a smartphone, here is the process;

  • Open Safaricom Menu
  • Select Mpesa 
  • Select Loans and Savings 
  • Select KCB M-PESA 
  • Select Apply Loan

2. Through the Mysafaricom app 

This is only for those with smartphones. Here is the process;

  • Download Mysafaricom app
  • Open the app
  • Select Loans and Savings 
  • Select KCB M-PESA 
  • Select Apply for a loan

Approved loans will be directly sent to your Mpesa account. 

MUST READ: The Truth Behind World Coin Why Kenyans Should Exercise Caution

How to pay the KCB M-PESA loan

After 30 days, it will be time to repay the loan. Don’t worry, you’ll receive notifications about the same.

You can pay via M-PESA or if you have enough savings in your KCB M-PESA account, you can choose that and pay.

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Written by The County Info

Amos is an experienced SEO expert. He has an interest in finance, IT, business ideas, and investments. He has also contributed to many global web portals.