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Halal Pesa is a mobile loan service formed through a partnership between Gulf African bank and Safaricom accessible via the ussd code *334#

Halal Pesa Loan Requirements And Registration

In order to qualify for Halal Pesa loan, one must be at least 18 years old, be a registered and active Safaricom subscriber using the M-Pesa service for at least six (6) months.

To register to the Halal Pesa service, you do not have to necessarily hold an account with Gulf African bank. Simply follow the below steps to opt into the service.

• Dial *334# from a Safaricom network sim card
• Select option 4: Loans and Savings
• Select option 4: Halal Pesa
• Select option 1: Register
• Read through and understand Halal Pesa terms and conditions
• Select option 2: Decline (if you do not agree to the terms and conditions and would not like to proceed with Halal Pesa service)
• Select option 1: Agree (if you agree to the terms and conditions)
• Proceed to enter your M-Pesa PIN

You will receive an on-screen notification stating that your service request has been processed successfully followed by an SMS notification informing you that you have successfully opted into Halal Pesa.

Halal Pesa Loan Amount Limits & How To Apply For Halal Pesa

Halal Pesa offers loan amounts of minimum Ksh1K to a maximum of Ksh15K (first-time borrowers) and Ksh20K (repeat borrowers)

To check one’s Halal Pesa loan limit, simply

• Dial *334# from a Safaricom network sim card
• Select option 4: Loans and Savings
• Select option 4: Halal Pesa
• Select option 1: Facility
• Select option 1: Check limit
• Proceed to enter your M-Pesa PIN

You will therefore receive an SMS notification informing you of your total limit as well as available limit.

Therefore, to apply for Halal Pesa, repeat the procedure highlighted above

• Dial *334# from a Safaricom network sim card
• Select option 4: Loans and Savings
• Select option 4: Halal Pesa
• Select option 1: Facility
• Select option 2: Take facility
• Enter your preferred amount that is within your assigned loan limit.
• On the next menu, your chosen loan amount & interest will be displayed and you will be asked to confirm.
• To do this, select option 1: Accept
• Enter your M-Pesa PIN

However, if your limit is zero, it may signify that you either have low usage of safaricom & M-Pesa services, have defaulted on similar safaricom credit facilities such as M-Shwari, KCB M-Pesa & Fuliza or have been blacklisted by CRB.

Halal Pesa Interest Rate And Repayment Duration

Halal Pesa charges an interest rate of 5% on all its loan amounts repayable within 30 days.

How To Repay Halal Pesa

To make Halal Pesa repayment,

• Dial *334# from a Safaricom network sim card
• Select option 4: Loans and Savings
• Select option 4: Halal Pesa
• Select option 1: Facility
• Select option 4: Pay facility

How To Contact Halal Pesa

Email: customercare@gab.co.ke
Phone: 0729 111 537
Whatsapp: 0729 111 537