I needed to repay my Branch loan via M-Pesa, but I wasn’t sure about the correct paybill number or account details. Since loan repayment affects your credit score, it’s important to do it correctly and on time.
If you’re using the Branch app, here’s a simple guide to help you repay your loan easily.
Quick Answer
To pay your Branch loan via M-Pesa, go to Lipa na M-Pesa → Paybill, enter 998608, use your registered phone number as the account number, and confirm payment.
What Is Branch Loan?
Branch is a mobile loan app that allows users to:
- Borrow between KSh 250 and KSh 70,000
- Repay within 4 weeks to 68 weeks
- Access loans without collateral
👉 Interest depends on your repayment history and loan terms.
What You Need Before Repayment
- Registered Branch phone number
- M-Pesa balance
- Correct Branch paybill number (998608)
Step-by-Step: How to Pay Branch Loan via M-Pesa
Step 1: Open M-Pesa Menu
Go to your M-Pesa menu.
Step 2: Select Lipa na M-Pesa
Choose Lipa na M-Pesa → Paybill.
Step 3: Enter Business Number
Enter 998608.
Step 4: Enter Account Number
Input your phone number used to register with Branch.
Step 5: Enter Amount
Enter the amount you want to repay.
Step 6: Enter M-Pesa PIN
Enter your M-Pesa PIN and confirm.
Step 7: Confirm Details
Review and press OK.
Step 8: Receive Confirmation SMS
You will receive a confirmation message from M-Pesa.
Important Things to Know
- Branch does not charge late or rollover fees
- You must repay within your agreed schedule
- Late repayment may affect your credit profile
Penalty for Defaulting
- You may be listed on CRB
- It may affect your ability to get future loans
Extra Tips and Best Practices
- Always repay before the due date
- Confirm your phone number before sending
- Keep payment confirmation messages
- Check your loan balance on the app
- Pay full instalments to avoid issues
Common Mistakes to Avoid
- Entering wrong phone number
- Using incorrect paybill number
- Paying less than required amount
- Ignoring repayment schedule
- Not confirming transaction details
FAQ
What is Branch paybill number?
The paybill number is 998608.
What account number should I use?
Use your registered phone number.
What happens if I don’t repay?
You may be listed on CRB, affecting future loans.
Conclusion
Paying your Branch loan via M-Pesa is quick and simple. Just follow the steps carefully, confirm your details, and repay on time to maintain a good credit record.
