I recently needed to repay my Kenya Bankers Sacco loan via M-Pesa, but I was confused about the correct Paybill and account number format. If you don’t get the format right, your payment might fail or go to the wrong account.
Here’s a clear guide to help you repay your Kenya Bankers Sacco loan easily.
Quick Answer
To repay your Kenya Bankers Sacco loan via M-Pesa, go to Lipa na M-Pesa → Paybill, enter 400444, use the correct loan account format, input amount, and confirm with your PIN.
What You Need Before Making Payment
Before you start, ensure you have:
- Paybill number: 400444
- Your membership number
- Correct loan account format
- Enough M-Pesa balance
👉 Your account number format depends on the loan type.
Kenya Bankers Sacco Account Number Formats
Replace xxxxx with your 5-digit membership number (add leading zeros if needed).
Savings Accounts
- FOSA Savings: 010xxxxx011
- Main Savings: 200xxxxx211
- Education Savings: 200xxxxx411
- Micro Savings: 200xxxxx711
Loan Accounts
- Super Loan: 200xxxxx351
- Development Loan: 200xxxxx251
- Education Loan: 200xxxxx451
- Micro Loan: 200xxxxx551
- Express Loan: 200xxxxx151
- Smartlife Loan: 200xxxxx261
- M-Loan: 300xxxxx211
- Electricity Loan: 400xxxxx211
Other Accounts
- Risk Management: 200xxxxx311
- FOSA Advance: 310xxxxx211
- Kopa Credit: 320xxxxx211
Step-by-Step: How to Repay Kenya Bankers Sacco Loan via M-Pesa
Step 1: Open M-Pesa Menu
Go to your phone and open the M-Pesa menu.
Step 2: Select Lipa na M-Pesa
Choose Lipa na M-Pesa.
Step 3: Select Paybill
Tap on Paybill.
Step 4: Enter Business Number
Enter 400444 as the Business Number.
Step 5: Enter Account Number
Input your loan account number using the correct format.
Step 6: Enter Amount
Enter the amount you want to repay.
Step 7: Enter M-Pesa PIN
Input your M-Pesa PIN.
Step 8: Confirm Payment
Review details and press OK.
Step 9: Receive Confirmation SMS
You will receive an M-Pesa confirmation message.
Extra Tips and Best Practices
- Always confirm your account number format
- Use correct membership number (5 digits)
- Keep your transaction confirmation message
- Pay before due dates to avoid penalties
- Double-check Paybill number (400444)
Common Mistakes to Avoid
- Using wrong account format
- Entering incorrect membership number
- Sending to wrong Paybill
- Paying wrong loan account
- Ignoring confirmation SMS
FAQ
What is Kenya Bankers Sacco Paybill number?
The Paybill number is 400444.
How do I format my account number?
Use your membership number in the required format depending on loan type.
What if my membership number has less than 5 digits?
Add leading zeros (e.g., 5 becomes 00005).
Conclusion
Repaying your Kenya Bankers Sacco loan via M-Pesa is easy once you use the correct Paybill and account format. Always double-check details to ensure your payment goes through successfully.
