3 Methods You can Use To Pay Equity bank Eazzy Loan

January 5, 2023 Daily Press

There are various methods you can use to pay for the Equity bank mobile loan. The quickest way to pay Equity bank Mobile loan is by dialing *247#. With Eazzy loans starts from Ksh.1000 and you can borrow as much us Ksh. 3M. In this article we shall look at how you can pay your Equity bank Eazzy loan through *247#, through the Equity bank loan repayment paybill number 247247 and lastly through the Equity bank Mobile app.

How to Pay your Eazzy Loan through *247# USSD

On your mobile phone, dial *247#
On the main Menu select Borrow

The select option 4 Pay loan
Select General loan purpose
Select Partial Payment or Full payment

Now select your bank account
Enter the amount you wish to pay if you are making partial payment
Enter your mobile banking M- banking PIN to complete

How to pay Equity Bank Mobile Loan Using paybill 247247

Go to your Mpesa Menu

Select Lipa na Mpesa
Select PayBill
Enter 247247 as the business number
Enter your Equity Bank Account Number that received the loan

Enter the amount you want to repay eg 5000
Enter your Mpesa pin and press OK
You will receive a transaction confirmation message from Mpesa and Equity confirming the deposit
Now to complete the loan repayment you will need to log into your Equity mobile app or dial *247# to use the money in your account to pay the loan.

How to pay your Loan using Equity App

You will need to have Equity app installed on your phone to be able to do this.
Open your app
Click on borrow option
Select Pay Loan

Select the funding account
Select loan to repay
Enter the amount you wish to pay
Click on Make the payment

Tap on Pay to complete the transaction.

You can also pay your loan using the Equitel SIM card. It is important to make your loan payments on time to avoid late payment fees and to maintain a good credit score. If you are unable to make a payment, it is recommended that you contact Equity Bank to discuss your options and to make alternative arrangements.

Read>>>How To Apply For Equity Bank Eazzy Mobile Loan