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The use of MPESA PAYBILL or Business Number has made it easy for introduction of Mobile banking in Kenya. Many banks in Kenya are using the MPESA Business Numbers for several transactions involving the bank.
Through mobile phone banking several transactions such as funds deposit or loan repayment can be done at the comfort of your home via your phone.
The official MPESA PAYBILL Number or Business Number for Family Bank Kenya is 222111
How To Repay Family bank loans or deposit via MPESA:
- Open MPESA menu
- Choose Lipa na MPESA
- Select PAYBILL
- Choose Enter Business Number ( Enter 222111 )
- Select Enter Account Number ( Enter your Family bank account you received the loan with )
- Enter amount to pay
- Enter your MPESA pin and send.
The money will be deposited into your account, You can now make a standing order for the bank to deduct the loan periodically for the agreed repayment period.
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