Here is a short guide on HELB Loan Repayment via Mpesa. As we know, HELB is the sweet and sour pill most university students have to take. We can’t overlook the importance of this loan towards facilitating higher education for most university students in the country.
All the same upon completion of your course and landing a career, look back and see what HELB did for you. That way, you will not see HELB as a burden but as a responsibility that you should live up to.
Paying the HELB loan can be intimidating especially when one is posted in a rural area. As such, the M-Pesa option comes in as an easier option to facilitate the repayment of HELB via your mobile phone from any part of the country.
HELB Loan Repayment via Mpesa 2020 Update
Besides M-Pesa, 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.
Related: HELB loan repayment procedure.
The good thing is that by repaying an educational loan from HELB, you’re giving a chance to a fellow needy student to join campus. Also, you keep yourself off the CRB blacklist.
Your ID number is your account number when paying via Mpesa and HELB paybill number 200800. Defaulters receive a 5,000 Ksh penalty for each month not paid.
HELB Loan Repayment Using Mpesa Paybill Number
- Go to the M-PESA menu then select Pay Bill.
- Enter 200800 for the HELB business number.
- Your account number is your National ID number.
- Then enter the amount to pay
- Enter your M-PESA PIN number.
- You will receive a verification SMS. Press OK if the details are correct.
- Lastly, M-PESA confirmation SMS will be sent to your phone.
Repaying your loan using HELB Paybill Number is simple. Upon doing this a couple of times, you will make future payments effortlessly.
Remember that the HELB Mpesa Paybill Number Is 200800. This is sometimes referred to as HELB business number which is also 200800.
Many people who have done their HELB loan repayment via Mpesa will agree that this is one of the fastest and convenient payment methods.
Paying HELB via Mpesa will help you avoid late payments and penalties by HELB. Since you are required to submit your payments before the end of each month, paying your Higher Education Loans Board (HELB) Loan using HELB Mpesa Paybill Number is the way.
For inquiries, you can contact HELB Via:
HELB Head Office is on 19th floor of Anniversary Towers, University Way, Nairobi
Address: P.O. Box 69489-00400.
Tel: +254 711 052000.
SMS: 21112.
Email: contactcentre@helb.co.ke.
HELB website.
Twitter: https://twitter.com/HELBpage.
Facebook: https://www.facebook.com/helbpage.