en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
Newsletter
Victor Mochere
No Result
View All Result
  • Wealth
    Top 10 richest crypto billionaires in the world

    Top 10 richest crypto billionaires in the world 2021

    Top 10 richest musicians in Africa

    Top 10 richest musicians in Africa 2021

    Top 10 richest musicians in East Africa

    Top 10 richest musicians in East Africa 2021

    Akothee Net Worth

    Akothee Net Worth 2021

    Top 10 richest musicians in Kenya

    Top 10 richest musicians in Kenya 2021

    Top 10 richest musicians in Nigeria

    Top 10 richest musicians in Nigeria 2021

    Top 10 richest musicians in South Africa

    Top 10 richest musicians in South Africa 2021

    Top 10 richest musicians in Tanzania

    Top 10 richest musicians in Tanzania 2021

    Top 10 richest musicians in Ghana

    Top 10 richest musicians in Ghana 2021

    Sarkodie Net Worth

    Sarkodie Net Worth 2021

  • Business
    Top 10 highest paid CEOs in Kenya

    Top 10 highest paid CEOs in Kenya 2021

    Best quotes from Warren Buffett

    Best quotes from Warren Buffett

    Top 10 largest ship-owning countries in the world

    Top 10 largest ship-owning countries in the world 2021

    Top 100 most valuable companies in Africa

    Top 100 most valuable companies in Africa 2021

    Top 20 most valuable companies in Southern Africa

    Top 20 most valuable companies in Southern Africa 2021

    Top 20 most valuable companies in North Africa

    Top 20 most valuable companies in North Africa 2021

    Top 20 most valuable companies in West Africa

    Top 20 most valuable companies in West Africa 2021

    Top 20 most valuable companies in East Africa

    Top 20 most valuable companies in East Africa 2021

    Top 10 most valuable companies in Kenya

    Top 10 most valuable companies in Kenya 2021

    Top 20 most valuable banks in the world

    Top 20 most valuable banks in the world 2021

  • Education
    Effective strategies for academic writing

    Effective strategies for academic writing

    Best quotes from Adam Smith

    Best quotes from Adam Smith

    Top 10 best universities in the United States

    Top 10 best universities in the United States 2021

    Top 10 best universities in the United Kingdom

    Top 10 best universities in the United Kingdom 2021

    Top 20 hardest colleges to get into in the US

    Top 20 hardest colleges to get into in the US 2021

    Top 20 hardest universities to get into in the UK

    Top 20 hardest universities to get into in the UK 2021

    Best quotes from Marie Curie

    Best quotes from Marie Curie

    Best quotes from Galileo Galilei

    Best quotes from Galileo Galilei

    Top 10 most illiterate countries in Africa

    Top 10 most illiterate countries in Africa 2021

    Top 10 most literate countries in Africa

    Top 10 most literate countries in Africa 2021

  • Travel
    How to prevent a catalytic converter from clogging

    How to prevent a catalytic converter from clogging

    Top 10 exotic dishes and restaurants in Dubai

    Top 10 exotic dishes and restaurants in Dubai 2021

    Things to consider when buying a car

    Things to consider when buying a car

    Things to consider when buying a travel camera

    Things to consider when buying a travel camera

    Top 10 car accessories that make your car fully loaded

    Top 10 car accessories that make your car fully loaded

    Nicaraguan passport Visa Free countries

    Nicaraguan passport Visa Free countries 2021

    Bolivian passport Visa Free countries

    Bolivian passport Visa Free countries 2021

    Moldovan passport Visa Free countries

    Moldovan passport Visa Free countries 2021

    Maldivan passport Visa Free countries

    Maldivan passport Visa Free countries 2021

    Georgian passport Visa Free countries

    Georgian passport Visa Free countries 2021

  • Technology
    Computer keyboard shortcuts you need to know

    Computer keyboard shortcuts you need to know

    What you need to know about Digital Service Tax in Kenya

    What you need to know about Digital Service Tax in Kenya

    Top 10 best website speed test tools

    Top 10 best website speed test tools 2021

    How to get verified on Triller

    How to get verified on Triller 2021

    Top 20 most liked tweets

    Top 20 most liked tweets 2021

    How to get your website included on Microsoft News

    How to get your website included on Microsoft News

    Top 10 best email apps

    Top 10 best email apps 2021

    How to tell if a laptop is new or used

    How to tell if a laptop is new or used

    How to tell if a laptop is new or refurbished

    How to tell if a laptop is new or refurbished

    The future of fuel technology

    The future of fuel technology

  • Living
    How to save money

    How to save money

    The process of a Muslim funeral

    The process of a Muslim funeral

    Essential herbs for building muscles

    Essential herbs for building muscles

    Factors affecting your YouTube revenue

    Factors affecting your YouTube revenue

    How to choose the right bank for your financial needs

    How to choose the right bank for your financial needs

    How to conceive a baby boy

    How to conceive a baby boy

    Magic mushrooms: The future of mental health care

    Magic mushrooms: The future of mental health care

    Types of sponsors

    Types of sponsors

    How to deal with your dog drool

    How to deal with your dog drool

    Top 10 highest earning TikTok stars

    Top 10 highest earning TikTok stars 2021

  • Entertainment
    Best quotes from Adele

    Best quotes from Adele

    Best apps and games on App Store

    Best apps and games on App Store 2021

    Best apps and games on Google Play Store

    Best apps and games on Google Play Store 2021

    Top 20 best-selling singles of all time

    Top 20 best-selling singles of all time 2021

    Top 20 best-selling albums of all time

    Top 20 best-selling albums of all time 2021

    Top 20 best-selling music artists of all time by singles

    Top 20 best-selling music artists of all time by singles 2021

    Top 20 best-selling music artists of all time by albums

    Top 20 best-selling music artists of all time by albums 2021

    Top 20 best-selling music artists of all time

    Top 20 best-selling music artists of all time 2021

    Top 10 highest paid dead celebrities

    Top 10 highest paid dead celebrities 2021

    Top 10 most watched TV stations in Kenya

    Top 10 most watched TV stations in Kenya 2021

  • Governance
    Best quotes from Kamala Harris

    Best quotes from Kamala Harris

    Best quotes from Joe Biden

    Best quotes from Joe Biden

    Top 10 worst US presidents in history

    Top 10 worst US presidents in history 2021

    Top 10 best US presidents in history

    Top 10 best US presidents in history 2021

    Best quotes from Ronald Reagan

    Best quotes from Ronald Reagan

    Top 20 US presidents with the most electoral college votes

    Top 20 US presidents with the most electoral college votes 2021

    US presidential elections in which the winner lost the popular vote

    US presidential elections in which the winner lost the popular vote

    Top 20 US presidential candidates with the most popular votes

    Top 20 US presidential candidates with the most popular votes 2021

    Best quotes from Eleanor Roosevelt

    Best quotes from Eleanor Roosevelt

  • Sports
    Best quotes from Lewis Hamilton

    Best quotes from Lewis Hamilton

    Top 10 greatest NBA players of all time

    Top 10 greatest NBA players of all time 2021

    Top 10 best NBA teams of all time

    Top 10 best NBA teams of all time 2021

    Best quotes from Diego Maradona

    Best quotes from Diego Maradona

    Top 10 countries with the most Olympic medals in Africa

    Top 10 countries with the most Olympic medals in Africa 2021

    Top 20 countries with the most Olympic medals

    Top 20 countries with the most Olympic medals 2021

    Top 10 most expensive football players in the world

    Top 10 most expensive football players in the world 2021

    Top 20 highest rated players in FIFA

    Top 20 highest rated players in FIFA 21

    Top 10 highest rated women players in FIFA

    Top 10 highest rated women players in FIFA 21

    Top 20 most valuable football players in the world

    Top 20 most valuable football players in the world 2021

  • Life Hacks
    How to view a cached version of a website

    How to view a cached version of a website

    How to transfer WhatsApp chats to Telegram

    How to transfer WhatsApp chats to Telegram

    How to transfer WhatsApp chats to Signal

    How to transfer WhatsApp chats to Signal

    How to grow your YouTube channel quickly

    How to grow your YouTube channel quickly

    How to make money on YouTube

    How to make money on YouTube

    How to install WordPress on cPanel

    How to install WordPress on cPanel

    How to enable hotlink protection

    How to enable hotlink protection

    How to block an IP address on cPanel

    How to block an IP address on cPanel

    How to avoid a hangover

    How to avoid a hangover

    Top 20 countries with the most Nobel Prizes

    Top 20 countries with the most Nobel Prizes 2021

en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
Victor Mochere
No Result
View All Result
en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
Victor Mochere
No Result
View All Result

How to apply and repay PesaPap loan

Victor Mochere by Victor Mochere
in Life Hacks
Reading Time: 3min read
A A
0
How to apply and repay PesaPap loan

PesaPap is a virtual account that allows you to access Family Bank services on your mobile phone. With the new PesaPap wallet, you save, take a mobile loan, pay bills, purchase airtime and transfer funds. PesaPap provides a convenient, fast and easy way to access and manage your finances. With PesaPap, you can do all your banking on your phone.

Contents

  • What you need to know about PesaPap loan
  • How to register for PesaPal
  • How to qualify for PesaPap loan
  • How to apply for PesaPal loan
  • How to repay PesaPal loan

What you need to know about PesaPap loan

Here are a couple of things you should know before you apply for a loan from PesaPap.

  1. You can access a loan of up to Ksh 50,000
  2. PesaPap charges an interest of 6.62% per month
  3. PesaPap mobile loans must be repaid within 30 days. There are two options to repay your loan;
    • Full Repayment – Total outstanding loan is repaid at once and in full
    • Partial Repayment – Total outstanding loan is repaid in installments over the 30-day loan period
  4. If you do not repay your loan in full within the time prescribed, PesaPal will automatically roll over any outstanding amount in respect of the loan and charge a facility collection fee of 5%

How to register for PesaPal

To open a PesaPap Wallet, simply follow these steps.

a. Family Bank customers

Family Bank customers can now self-register for PesaPap by dialing USSD *325#, and selecting the activate PesaPap option on the main menu. Upon completion and submission of the required fields, the Bank will complete the process and send out the PIN within 48 hours. 

b. Non-Family Bank customers

  1. Visit your nearest Family Bank branch for registration of mobile banking
  2. Upon verification, the customer will receive access credentials via SMS
  3. Go ahead and download the Pesapap App or dial *325# and proceed
  4. Select ‘Open Wallet Account’ from the menu and follow the simple instructions
  5. Your phone number is your PesaPap Wallet Account number
  6. The following details are required;
    • Full name as per ID
    • ID number
    • Mobile Phone Number

How to qualify for PesaPap loan

Here are some requirements for you to qualify for qualify for PesaPap loan.

  1. You must have an active Family Bank account for a minimum period of 6 months. The higher the activity on your wallet account (deposits and withdrawals), the higher the chances of qualifying for a loan
  2. You must not be listed on CRB for the last 3 months
  3. Your wallet account must have an average account turnover of a minimum of Ksh 15,000 for 3 months

How to apply for PesaPal loan

To apply for PesaPal loan, follow these steps.

  1. From PesaPap Wallet menu, select ‘My Loans’
  2. Select ‘Request loan’
  3. Enter amount required and submit
  4. Enter MPIN to confirm details
  5. The details of the loan (amount, facility fees and due date) will be displayed and an SMS confirmation sent to you

How to repay PesaPal loan

Follow these steps to repay your PesaPal loan.

  1. Go to your Mpesa menu
  2. Select ‘Lipa na Mpesa’
  3. Select ‘PayBill’
  4. Enter 222111 as the business number
  5. Enter your phone number as the account number using this format 2547xxxxxxxx
  6. Enter the amount you want to repay
  7. Enter your Mpesa PIN and press OK
  8. You will receive a transaction confirmation message from Mpesa
  9. The proceed to PesaPal wallet menu
  10. Select ‘Pay Wallet Loan’
  11. Select ‘My Loans’
  12. Select ‘Repay Loan’

Tags: Money
Previous Post

Equitel My Money transfer and withdrawal charges 2021

Next Post

Top 20 most safest countries in the world 2021

Victor Mochere

Victor Mochere

Victor Mochere is an award winning blogger, social media influencer, literati savant, altruistic, and a netpreneur creating and marketing digital content.

Related Posts

How to view a cached version of a website
Life Hacks

How to view a cached version of a website

by Victor Mochere
How to transfer WhatsApp chats to Telegram
Life Hacks

How to transfer WhatsApp chats to Telegram

by Victor Mochere
How to transfer WhatsApp chats to Signal
Life Hacks

How to transfer WhatsApp chats to Signal

by Victor Mochere
How to grow your YouTube channel quickly
Life Hacks

How to grow your YouTube channel quickly

by Victor Mochere
How to make money on YouTube
Life Hacks

How to make money on YouTube

by Victor Mochere
How to install WordPress on cPanel
Life Hacks

How to install WordPress on cPanel

by Victor Mochere
Next Post
Top 20 most safest countries in the world

Top 20 most safest countries in the world 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Comment Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending posts

  • Top 10 highest earning creators on OnlyFans

    Top 10 highest earning creators on OnlyFans 2021

    2 shares
    Share 0 Tweet 0
  • Top 10 best gay dating apps 2021

    1 shares
    Share 0 Tweet 0
  • Best quotes on respecting women

    1 shares
    Share 0 Tweet 0
  • Top 20 richest actors in the world 2021

    0 shares
    Share 0 Tweet 0
  • Best sites to watch or download movies for free

    4 shares
    Share 4 Tweet 0

Download our app

Google-play
Shopping-bag
Amazon

Newsletter

Subscribe to our newsletter and get the latest posts delivered to your inbox.

*We hate spam as you do.

Editorial policy

Permission to use quotation from any article is granted subject to full credit of the source being given by referencing the direct link of the article on Victor Mochere. However, reproducing any content on this site without explicit permission is strictly prohibited.

Report a correction or typo

We are committed to upholding our editorial standards, including accuracy. Our policy is to review each issue on a case by case basis, immediately upon becoming aware of a potential error or need for clarification, and to resolve it as quickly as possible. If you notice an error or typo that needs correction, please don’t hesitate to contact us for immediate action.

ABOUT US

Victor Mochere brings you a daily dose of well curated up to date facts, news, opinions and important updates from Kenya, Africa and around the World.

FOLLOW US

Facebook-f
Twitter
Instagram
Pinterest
Linkedin
Youtube
Telegram
Rss

FIND US ON

Newspaper
Flipboard

TOPICS

  • Business
  • Education
  • Entertainment
  • Flacked
  • Governance
  • Life Hacks
  • Living
  • Sports
  • Technology
  • Travel
  • Wealth

DOWNLOAD OUR APP

Google-play
Shopping-bag
Amazon

NEWSLETTER

Subscribe to our newsletter and get the latest posts delivered to your inbox.

*We hate spam as you do.

  • Advertise
  • Disclaimer
  • Copyright
  • DMCA
  • Cookies
  • Privacy Policy
  • Write For Us
  • Contact

Copyright © 2021 Victor Mochere. All rights reserved.

No Result
View All Result
  • Topics
    • Wealth
    • Business
    • Education
    • Travel
    • Technology
    • Living
    • Entertainment
    • Governance
    • Sports
    • Life Hacks
  • About
    • Victor Mochere Bio
  • Archives
  • CPA Notes
  • Digital Marketing
  • Social Media Policy
  • Sitemap

Copyright © 2021 Victor Mochere. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy and Cookie Policy.