BANK
How it works Target Savings:
  • Access the M-PESA menu
  • Select Loans and Savings
  • Select KCB M-PESA
  • Select Loan
  • Select Request Loan
  • Enter Amount
  • Enter your M-PESA PIN
  • Loan amount will be sent to your KCB M-PESA Account less the interest, negotiation fee and excise duty which is deducted upfront
  • To access, the loan, go to KCB M-PESA menu and select Withdraw to M-PESA
Benefits Target Savings:
  • Upon activating the account, you will be issued with a loan limit from where you can borrow instantly. Loans issued are deposited into the KCB M-PESA Account.
  • You can access loan limits from as low as KES. 50 and up to KES. 1 Million.
  • Enjoy repayment periods of 30 days.
  • Loan repayment can be made via M-PESA or from the KCB M-PESA account.

Need cash? Usitense. We got you. Borrow a one month KCB M-PESA loan at a rate of 7.5% and sort out your financial needs bila stress. It is fast, easy and you get to access the highest limits. Furthermore, you can top up your existing loan multiple times within your limit and pay in full when the loan is due.

Target Savings Account:

A Fixed Savings Account allows you to lock a specific amount of money for a period of 1 up to 12 months. To open this account, you need to deposit a minimum of Kes. 500. Upon early or premature redemption, you will forfeit all interest acquired. Your savings earn a 8.5% p.a. for the period locked.

How it works Target Savings:
  • Access M-PESA menu
  • Select Loans and Savings
  • Select KCB M-PESA
  • Select Fixed Savings Account
  • Select Fixed Deposit
  • Select Open Account
  • Select the source of funds:
  • M-PESA or KCB M-PESA
  • Enter amount (amount needs to be more than KES 500)
  • Enter period (1 up to 12 months)
  • Enter M-PESA PIN and confirm the transaction
  • You will receive an M-PESA confirmation.
Benefits Target Savings:
  • You earn attractive Interest at a rate of 8.5% p.a. on your savings that accumulates on a daily basis.
  • You can deposit money into the fixed savings account from M-PESA or KCB M-PESA.
  • You can withdraw your savings before expiry of the set period. This is however allowed subject to withdrawal of the entire amount locked. Upon early or premature redemption, you will forfeit all interest accrued.
  • Upon withdrawal of money from a fixed savings account, the money is immediately deposited to your KCB M-PESA account.
  •  It is free to send and withdraw money to M-PESA from KCB M-PESA. 
Target Image:
Fixed Savings Account:

A Fixed Savings Account allows you to lock a specific amount of money for a period of 1 up to 12 months. To open this account, you need to deposit a minimum of Kes. 500. Upon early or premature redemption, you will forfeit all interest acquired. Your savings earn a 8.5% p.a. for the period locked.

How it Works Fixed Savings:
  • Access M-PESA menu
  • Select Loans and Savings
  • Select KCB M-PESA
  • Select Fixed Savings Account
  • Select Fixed Deposit
  • Select Open Account
  • Select the source of funds: M-PESA or KCB M-PESA
  • Enter amount (amount needs to be more than KES 500)
  • Enter period (1 up to 12 months)
  • Enter M-PESA PIN and confirm the transaction
  • You will receive an M-PESA confirmation.
Benefits Fixed Savings:
  • You earn attractive Interest at a rate of 8.5% p.a. on your savings that accumulates on a daily basis.
  • You can deposit money into the fixed savings account from M-PESA or KCB M-PESA.
  • You can withdraw your savings before expiry of the set period. This is however allowed subject to withdrawal of the entire amount locked. Upon early or premature redemption, you will forfeit all interest accrued.
  • Upon withdrawal of money from a fixed savings account, the money is immediately deposited to your KCB M-PESA account.
  •  It is free to send and withdraw money to M-PESA from KCB M-PESA. 
Fixed Savings Image:

Need to save? Weka-weka na KCB M-PESA. Grow your money easily on your phone, start saving to enjoy interest rates of  8.5% p.a. It’s fast and easy, plus, the more you save, the more you can borrow.  To open a savings account with KCB M-PESA, you need to activate your KCB M-PESA.