Branch is a mobile loan App where you can borrow money between Ksh 500 and Ksh 300,000.It allows you to repay loan through Mpesa.The company’s paybill number is 998608.

To make a repayment, follow these steps:
1. Navigate to MPesa in your Safaricom menu on your phone
2. Select Lipa na M-PESA
3. Choose the Paybill option
4. Enter the Paybill number 998608
5. For account number, enter your MPesa number on which you received your Branch loan
6. Enter your repayment amount
7. Enter your M-PESA pin
8. Confirm that all details are correct and press ‘OK’.

What happens if you fail to repay the loan

Paying each installment by its due date allows you to access larger loan sizes. Late repayments will affect your ability to get subsequent or larger loans. If you are very late on your payments, we report to the Credit Reference Bureau (CRB). Blacklisting by the CRB may affect your ability to borrow from other lenders. A late fee of 6% can be charged on the outstanding loan repayment amount for some loans.

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February 22, 2024

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