How to Open a KCB M-Benki Account in Kenya(via M-PESA)
A KCB M-Benki account is a mobile-based bank account allowing you to deposit, withdraw, transfer money, pay bills, and access loans via M-PESA. To open it, use Pay Bill 522522, enter your National ID as the account number, and follow the prompts. You will receive your new account number via SMS
Requirement for opening of a KCB M-Banki account
- A mobile phone with an active Safaricom line
- Your ID number
- Some cash in your M-Pesa
- At least 50 shillings airtime in your line to enable the USSD service
How to Open a KCB M-Benki Account
- Go to the M-PESA Menu and select Payment Services.
- Select Pay Bill.
- Enter Business No.: 522522.
- Enter Account No.: Your National ID Number (no spaces).
- Enter the amount to deposit (e.g., KShs 50 and above).
- Enter your M-PESA PIN.
- Receive two SMSs: One with your new M-Benki Account Number, and another with your User ID and PIN.
Key Features and Benefits
- Instant Access: Activate instantly using the steps above.
- Usage: Access your account through the *522# USSD code or the KCB Mobile Banking app.
- No Minimum Balance: It is designed for low-cost banking (charges may apply for transactions).
- Services: Pay utility bills, buy airtime, transfer money, pay school fees, and borrow loans.
Managing Your Account
- Activate Mobile Banking: Dial *522# after receiving your PIN to set up the service.
- Depositing Money: Use the M-PESA pay bill number 522522.
- Withdrawal/Transfers: Move money from your M-Benki account to your M-PESA, or use the KCB mobile app.
Note: The KCB M-Benki account is distinct from the KCB M-PESA savings account, though both are accessed via M-PESA
