MPESA PAYBILL NUMBER 570300

In order to enhance efficiency in its operations, the SACCO has introduced an M-Pesa Paybill number (570300). The M-Pesa paybill will be used by Banki Kuu SACCO in the disbursement of short-term loans to members including but not limited to Cheque encashment, Christmas loan, weekend loan facilities, and emergency loans.

We invite members to use the same paybill number to make loan repayments and share contributions to the Society. In order to ensure members payments are captured correctly we shall require the members to use this format on the M-Pesa paybill menu when prompted to; 'Enter Account no.' (Staff no and product code)

 

For purposes of disbursements, members are advised to log on to the Society portal and confirm that their correct mobile number is captured

M-Pesa

  Go to M-Pesa Menu

   Lipa Na M-Pesa 

   Paybill

   Enter Business number 570300

   Enter Account Number: (StafNo.ShortCode  or MembershipNo.Shortcode)

 

For Example - If the membership No for a member is BKS01234 

Then the Account No. will be BKS01234#Dev (The ‘#Dev’ after Membership number is for Development loan).

See codes below for other loans & savings scheme

 

Note that “#” is placed in between the keyword and the member info.

 

 

Paybill KeywordsShort Code for
DEPOSIT
BBFBenevolent Scheme Shares
CHRISChristmas Scheme Shares
DEPOSITDeposit Scheme Shares
EDUEducation Scheme Shares
HOLHoliday Scheme Shares
MAINMain Scheme Shares
SCShare Capital
LOANS
CEFCheque Encashment Deposit
CEFECheque Encashment Education
CEFMCheque Encashment Main
CSLC-Stimulus
DDLDigital Device Loan
DEVDevelopment Loan
EDUCEducation Loan
EMGEmergency Loan
FLXFlexi Loan
HOLIDAYHoliday Loan
KLFKaribu Loan Facility
QUICKQuick Loan
RELFRefinancing Loan Facility

   Enter Amount

   Enter Pin

   Wait for M-Pesa to respond

   Then you get confirmation Text Message