Procedure for Loan Repayment
The AMREF SACCO mobile banking app allows you to repay your loans using either of the following methods:
- M-PESA
- Funds from your withdrawable savings accounts, such as Holiday, Property, or Junior Savings Accounts.
LOAN REPAYMENTS VIA M-PESA USING USSD.
- Dial: *816#
- Select: Option 7 – Loans
- Choose: Option 3 – Pay Loan
- Select Loan: (A list of your Outstanding loans will be presented to you)
- Choose Payment Option: M-Pesa or Savings Account (Holiday, Mobile Wallet, Junior Savings, Property Savings)
- For M-Pesa: Enter the amount you wish to pay
- Review: Confirm the transaction details
- Enter M-Pesa PIN: You will receive an M-Pesa prompt
- Confirmation: An SMS from AMREF SACCO will confirm your payment
LOAN REPAYMENTS VIA M-PESA USING THE AMREF SACCO APP
- Log In: Open the AMREF SACCO App
- Select: Loans
- Choose: Pay Loan
- Select Loan: (A list of your Outstanding loans will be presented to you)
- Choose Payment Option: M-Pesa or Savings Account (Holiday, Mobile Wallet, Junior Savings, Property Savings)
- For M-Pesa: Enter the amount you wish to pay
- Review: Confirm the transaction details
- Enter M-Pesa PIN: You will receive an M-Pesa prompt
- Confirmation: An SMS from AMREF SACCO will confirm your payment
LOAN REPAYMENTS VIA M-PESA VIA PAY BILL 840 300 USING THE BELOW ACCOUNT CODES
You can pay your Loan using a different number or pay for another member via M-Pesa using Pay Bill 840300. Use the account codes listed below:
Deposits and Loan Payments via M-Pesa: USSD & App Instructions
How to Deposit via USSD:
- Dial *816#.
- Select option 3: Deposit via M-Pesa.
- Choose the account to deposit into.
- Enter the amount to deposit.
- Review and confirm the transaction details.
- You will receive an M-Pesa prompt to enter your M-Pesa PIN.
- Once successful, you will receive an SMS from AMREF SACCO confirming your deposit.
How to Deposit via the AMREF SACCO App:
- Log in to the AMREF SACCO App.
- Click on Deposit Money.
- Choose the account to deposit into.
- Enter the amount to deposit.
- Confirm the transaction details.
- You will receive an M-Pesa prompt to enter your M-Pesa PIN.
- Once successful, you will receive an SMS from AMREF SACCO confirming your deposit.
How to Pay a Loan via USSD:
- Dial *816#.
- Choose option 7: Loans.
- Select option 3: Pay Loan.
- Choose the loan you want to pay.
- Select a payment option: M-Pesa or Savings Account (Holiday, Mobile Wallet, Junior Savings, Property Savings).
- For M-Pesa, enter the amount you wish to pay.
- Review and confirm the transaction details.
- You will receive an M-Pesa prompt to enter your M-Pesa PIN.
- Once successful, you will receive an SMS from AMREF SACCO confirming your payment.
How to Pay a Loan via the AMREF SACCO App:
- Log in to the AMREF SACCO App.
- Click on Loans.
- Select Pay Loan.
- Choose the loan you want to pay.
- Select a payment option: M-Pesa or Savings Account (Holiday, Mobile Wallet, Junior Savings, Property Savings).
- For M-Pesa, enter the amount you wish to pay.
- Review and confirm the transaction details.
- You will receive an M-Pesa prompt to enter your M-Pesa PIN.
- Once successful, you will receive an SMS from AMREF SACCO confirming your payment.
How to Pay via Account Codes:
You can deposit into your account using a different number or pay for another member via M-Pesa using PayBill 840300. Use the account codes listed below:| SAVINGS PRODUCT | ACCOUNT NUMBER |
|---|---|
| Share Capital Account | Member Number-SHA |
| Member Deposit Account | Member Number-DEP |
| Junior Savings Account | Member Number-JSA |
| Holiday Savings Account | Member Number-HAS |
| Property Savings Account | Member Number-PSA |
| Fixed Deposit Account | Member Number-FSA |
LOAN PRODUCTS
| LOAN PRODUCT | ACCOUNT NUMBER |
|---|---|
| Normal Loan | Member Number-NOL |
| Property Loan | Member Number-PRL |
| Refinancing Loan | Member Number-REL |
| Car Loan | Member Number-CAL |
| Shamba Loan | Member Number-SHL |
| Higher Education Loan | Member Number-HEL |
| School Fees Loan | Member Number-SFL |
| Jipambe Merchandise Loan | Member Number-JML |
| Insurance Financing Loan | Member Number-IFL |
| Salary Advance Loan | Member Number-SAL |
| Miliki Mortgage Loan | Member Number-MLK |
| Salary Advance Loan | Member Number-SAL |
| Karibu M-Kash Loan | Member Number-MOBILE |
| Emergency Loan | Member Number-EML |
