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INTRODUCTION OF MPESA PAYBILL NUMBER 570300

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To:  All Members, BANKI KUU SACCO SOCIETY LTD

INTRODUCTION OF MPESA PAYBILL NUMBER 570300

In order to enhance efficiency in its operations, the SACCO has introduced an M-pesa Paybill number (570300).

The M-pesa paybill will be used by Banki Kuu SACCO in disbursement of short term loans to members including but not limited to Cheque encashment, Christmas loan, weekend loan facilities and emergency loans.

We invite members to use the same paybill number to make loan repayments and share contributions to the Society.

In order to ensure members payments are captured correctly we shall require the members to use this format on the M-Pesa paybill menu when prompted to; 'Enter Account no.' (Staff no and product code)

e.g                                                                 

Staff No.CEF

to denote cheque encashment repayment

or Staff No.ML

to denote main loan repayment

or Staff No.MD

to denote main Deposits

or Staff No.QD

to denote quick Deposits

or Staff No.QL

to denote quick Loan repayment

or Staff No.EL

to denote Emergency Loan repayment

or Staff No.EDL

to denote Education Loan repayment

or Staff No.EDD

to denote Education Deposits

or Staff No.HED

to denote Higher Education Deposits

or Staff No.HEL

to denote Higher Education Loan Repayment

or Staff No.WL

to denote Weekend Loan

or Staff No.CD

to denote Christmas  Deposits

or Staff No.HL

to denote Holiday Loan repayment

or Staff No.HD

to denote Holiday Deposits

or Staff No.HSD

to denote Housing Scheme Deposits

 

 

 

       

For purposes of disbursements, members are advised to log on to the Society portal and confirm that their correct mobile number is captured

ISO 9001

Banki Kuu SACCO is now ISO 9001 Certified for compliance and regulation adherence. ISO 9001 is a certified quality management system (QMS) for organisations who want to prove their ability to consistently provide products and services that meet the needs of their customers.

© 2016 BANKI KUU SACCO. All Rights Reserved.

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