How To Repay I&M Bank Loan via Mpesa

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 Thanks to the introduction of mobile phone banking in Kenya. Its now easy to make bank transactions via your phone at the comfort of your home without going to the bank.

 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.

The official MPESA PAYBILL Number or Business Number for I&M Bank Kenya is 542542

How To Repay I&M bank loans or deposit to Accounnt via MPESA:

• Open MPESA menu
• Choose Lipa na MPESA
• Select PAYBILL
• Choose Enter Business Number ( Enter 542542 )
• Select Enter Account Number ( Enter your I&M 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 periodically deduct the loan from there.

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