Thursday, January 24, 2019

How to Apply and Repay PesaPap Mobile Loan by Family Bank

How to Apply and Repay PesaPap Mobile Loan by Family Bank
PesaPap is a  virtual account by Family Bank that enables their clients to access their services on mobile phone.

With PesaPap, one can be able to access mobile loan, settle bills, buy airtime and also transfer money.

PesaPap Wallet can be opened by either dialing *325# on your mobile phone or downloading PesaPap application from Google Play store.

Once your done, choose "Open Wallet Account" option from the menu and follow the simple guide.

In order to open a PesaPap Wallet, you need the following details:

1. Full name as shown in the ID.
2. ID Number.
3. Cell Phone Number.

PesaPap Wallet Loan Qualification

1. Bank with Family Bank for a minimum duration of six months. 
2. Not listed with Credit Reference Bureau for the last three months.
3. Need to have an average account turnover of at least Ksh. 15,000 for three months in your PesaPap Wallet.

How to For Apply PesaPap Wallet Loan

1. Go to PesaPap Wallet menu.
2. Choose "My Loans".
3. Choose "Request Loan".
4. Enter the amount you wish to borrow and click submit.
5. You will receive a confirmation message.

NB: You need to repay the loan within 30 days. There are two options of repaying your PesaPap mobile loan.

1. Full Repayment - Repaying the outstanding loan once.
2. Partial Repayment - Repaying the outstanding loan in installments within 30 days.

How to Repay PesaPap Loan via Mpesa.

1. On your cellphone to go sim toolkit and click and open the Mpesa menu.
2. Choose "Lipa na Mpesa" option.
3. Choose "Pay Bill".
4. Enter 222111 as your business number.
5. On the account number option enter your mobile number using this format 245712******
6. Enter the amount wish to repay.
7. Key in your Mpesa PIN number and click OK.
8. You will receive a confirmation message.

Customer Care Numbers.

+254 (0) 703 095 000 or +254 (0) 703 095 445

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