Contents
- Requirements to have an M-Fanisi Account
- What are M-Fanisi interest rates on loans
- How to Get a loan from M-Fanisi Account
- How to deposit or withdraw money into or out of the M-Fanisi Account
- How To withdraw to Airtel Money
- How to check your loan limit on M-Fanisi Airtel Kenya
- How to check your M-Fanisi account balance
- How to pay M-Fanisi Loan
M-Fanisi, M-Fanisi Account, deposit or withdraw, How to pay: M-Fanisi is a mobile based bank account which is only available to Airtel Money registered customers.
The product enables one to take a loan, save and have a fixed deposit options.
M-Fanisi targets Kenyans from all walks of life. It’s one of the best places to get easy and quick access to loans.
M-Fanisi loans do not attract any interest rates, although there is a facilitation fee which is deducted when you borrow a loan.
The M-Fanisi offers:
- 7 Days loan attracts 3% facilitation fees
- 30 days loans attracts 7.5% facilitation fees.
- A fixed deposit account for a period up to a maximum of 12 months will attract an interest of up to 11.25% p.a.
- A Savings account will earn an interest of 7% p.a.
- Transfers of money in and out of the M-Fanisi to Airtel Money for FREE.
Requirements to have an M-Fanisi Account
To have M-Fanisi Account you need to be a registered and active Airtel Money customer.
What are M-Fanisi interest rates on loans
M-Fanisi interest rates on loans as follows
- 3.03% – 7 day loan inclusive of excise duty
- 5.05% – 14 day loan inclusive of excise duty
- 8.25% – 30 day loan inclusive of excise duty
How to Get a loan from M-Fanisi Account
To Get a loan from M-Fanisi Account or borrow a loan from M-Fanisi follow the steps below
Steps 1: Dial *222# from your phone
Steps 2: Select Loans and Products
Steps 3: Then, Select M-Fanisi
Steps 4: Select Request loan
Steps 5: Enter amount you want to borrow
Steps 6: Enter your Airtel Money PIN
The Loan amount will be sent into your Airtel Money Account
Use the above simple steps to borrow a roan on M-fanisi airtel Kenya.
How to deposit or withdraw money into or out of the M-Fanisi Account
Learn How to deposit or withdraw money into or out of the M-Fanisi Account. Money in and out of the M-Fanisi Account is ONLY available through Airtel Money
How To deposit from Airtel Money
Step 1: Dial *222#
Step 2: Select Loans and Products
Step 3: Select M-Fanisi
Step 4: Select Airtel Money to M-Fanisi
Your Airtel Money account will be deducted and your M-Fanisi Account credited with the amount.
How To withdraw to Airtel Money
Step 1: Dial *222#
Step 2: Select Loans and Products
Step 3: Select M-Fanisi
Step 4: Select M-Fanisi to Airtel Money
Your M-Fanisi account will be deducted and your Airtel Money Account credited with the amount.
How to check your loan limit on M-Fanisi Airtel Kenya
To check your loan limit on M-Fanisi Airtel Kenya follow the steps below
Steps 1: Go to your phone and Dial *222#
Steps 2: Select Loans and Products
Steps 3: Then, Select M-Fanisi
Steps 4: choose Loans and then
Steps 5: Select check loan limit
You will be able to see your M-Fanisi Airtel Kenya Loan Limit
How to check your M-Fanisi account balance
Find out How to check your M-Fanisi account balance, follow these simple steps
Step 1: Dial *222#
Step 2: Select Loans and Products
Step 3: Select M-Fanisi
Step 3: Select My Account
You can check your account balance or request a Mini Statement.
How to pay M-Fanisi Loan
Wondering How to pay M-Fanisi Loan? Find simple steps below on how you can repay your loan in Airtel Kenya
Steps
Steps 1: Dial *222#
Steps 2: Select Loans and Products
Steps 3: Select M-Fanisi
Steps 4: Select Loans
Steps 5: Select Pay Loan.
Steps 6: You can pay from Airtel Money or from your M-Fanisi account
Elimu Centre is your one-stop-shop for all your education informational needs and much more.
Follow us at Elimu Centre