KCB Mpesa Loan Penalties For Late Repayments
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KCB MPesa is a mobile loan service formed through a partnership between Kenya Commercial bank ( KCB ) and Safaricom’s mobile money service MPesa.
It is accessible from the SIM toolkit, as well as from the MySafaricom app.
KCB MPesa offers a minimum loan amount of Ksh 50 to a maximum amount of Ksh 1M with each loan increment being dependent on a variety of factors including account activity.
The loan attracts a fee rate of 7.5% with a repayment period of 30 days.
Failure to repay the loan upon due date will attract penalties as outlined in KCB MPesa’s Terms and Conditions.
I cleared my Kcb mpesa loan in Dec.2021 but up to now you have not removed my name from the metropolitan crb you reported me to.phone no.0790*****.Dominic Simiyu Ocholi.
I’m an embarrassed kcb user. For almost three weeks the M- banking services are not operating due to this Vooma which is not operational. I’ve downloaded it, it says my account is not linked to Vooma. I’ve called customer care but no action. I took myself to Village market KCB branch they took my details to send to my main bank. Up to know nothing and nothing has happened.
Since I’ve a loan and I need to pay. Who will pay for KCB neglect the penalties
I’m embarrassed customer and thinking to change my Bank now. I’ve wasted a lot of resources and credits with no problem solved
Hi,I borrowed some amount of money and I made late payments,upto now ,I try to borrow it declines,why please?
Hi I applied for a loan and made late repayments.I can no longer apply for another loan.Why please
I’m an embarrassed kcb user. For almost three weeks the M- banking services are not operating due to this Vooma which is not operational. I’ve downloaded it, it says my account is not linked to Vooma. I’ve called customer care but no action. I took myself to Village market KCB branch they took my details to send to my main bank. Up to know nothing and nothing has happened.
Since I’ve a loan and I need to pay. Who will pay for KCB neglect the penalties
I’m embarrassed customer and thinking to change my Bank now. I’ve wasted a lot of resources and credits with no problem solved
I delayed my loan repayment,but unfortunately, if I borrow it is declined,for how long can I wait to borrow again?
I delayed to repay my kcb mpesa loan,,unfortunately if I try to borrow again,it’s declined.how long should it take to borrow again?
I defaulted your loan but i late paid but u hard been blacklisted me to crb up to now my account has not been updated pliz help
I defaulted your loan and now i try to pay but you confirm i have no loan.what will i do to settle this loan