If you wish to repay your ABSA Timiza mobile loan or want to pay for another mobile phone number, you are in the right place. In this article, I will guide you through simple steps to help you easily repay your loan via Timiza’s M-Pesa paybill number 300067.
ABSA Bank Kenya offers mobile loans through the Timiza app, with a maximum limit of Ksh. 250,000. You have the option of repaying the loan in 30 days, 3 months, 6 months, 9 months, or even a year.
Failing to repay your Timiza loan on time will attract an additional rollover fee of 5% on the money borrowed.
Nonetheless, Timiza is among the best loan apps in Kenya that offer instant loans at competitive interest rates and have flexible repayment schedules.
How to Repay Timiza Loan Via M-Pesa Paybill Number 300067
To repay your Timiza loan or pay for another mobile number:
- Open the M-Pesa STK menu or dial *334#.
- Select “Lipa Na Mpesa.”
- Select “Pay Bill.”
- Enter Timiza Business Number: 300067.
- Enter your Timiza-registered mobile number (or another person’s) as the account number.
- Enter the amount you want to repay.
- Enter your M-Pesa PIN, confirm and finish the transaction.
- You will receive a notification from Timiza confirming the loan repayment.
How to Repay Loan Through the USSD *848#:
- Dial *848# from the phone number registered with Timiza.
- Enter your Timiza PIN.
- Select the option “Timiza Loan”.
- Next, select “Pay Loan”.
- Select the loan type to repay.
- Enter the amount to pay.
- You will get an M-Pesa prompt on your phone.
- Enter your M-Pesa PIN and complete the transaction.
- You will receive a notification from Timiza confirming a successful transaction.
You can also repay the loan through the Timiza app by selecting pay via M-Pesa. Enter your M-Pesa PIN when prompted and send to complete the transaction.
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