How to pay outstanding Higher Education Loans Board HELB loans with Mpesa HELB paybill number. HELB loan repayment by mpesa is more convenient than using the other methods. It is safer and faster.
In addition to the HELB loan repayment by Mpesa, one can also use a bankers cheque, cash deposit to HELB collection and EFT through most banks in Kenya, including Equity, KCB, Family Bank, Co-operative and NBK. Your HELB loan repayment process usually starts one year after you finish studies.
For employers, HELB payments should be done by the 15th day of the following month. Self-paying individuals must pay within the month. Frequent HELB loan defaulters risk getting blacklisted by the Credit Reference Bureau(CRB), which will prevent them getting bank loans.
Your ID number is your account number when paying via Mpesa and HELB paybill number 200800. Other methods for paying your HELB loan include Equity bank ATM’s and Pesapoint, using your national ID number for the account reference number. Defaulters receive a 5,000 Ksh penalty for each month not paid.
How to Pay HELB Loan through M-pesa HELB paybill number
- Go to M-PESA menu, select Pay Bill.
- Enter 200800 for HELB business number.
- Your account number is your National ID number.
- Enter amount to pay
- Enter M-PESA PIN.
- Double-check your details, if OK hit SEND/OK
- Wait for the MPESA transaction confirmation SMS
HELB Loan Repayment by Mpesa
HELB loan repayment by Mpesa will help avoid late payment penalties. If you repay your loan yourself (no employer), you are required to do so before the end of each month.
HELB Contacts, HELB Telephone Contacts
HELB Head Office is on 19th floor of Anniversary Towers, University Way, Nairobi
P.O. Box 69489-00400
Tel: +254 711 052000
You can get more information on HELB loan repayment by Mpesa, and other facts in the HELB loan repayment guide.