
MOBILE PRODUCTS
A Better Way to Access MORE Mobile Loans & Savings. M-Fanisi is a mobile-based bank account that is available to only Airtel Money and Safaricom registered customers. Through this account, customers will be able to
- Access loans repayable within 7 days, 14 days and 30 days at attractive one-off facility fees of 3%, 5% and 7.5% respectively with excise duty applicable on the fees.
- Open a fixed deposit account for a period of 1 to 12 months and earn attractive interest of between 8.50% p.a to 11.25% p.a. depending on period.
- Open a savings account and earn interest of 7% p.a.
- Transfer money in and out of the M-Fanisi to Airtel Money for FREE.
USSD
The best available communications technology to deliver mobile financial services to customers. Dial *222*3# today.
TERMS & CONDITIONS
Accept the product terms and conditions to access our various services.
ACTIVATE
Activate your device to proceed.
Be a registered and active Airtel Money customer.
- Transfer from Airtel Money to M-Fanisi
- Transfer from M-Fanisi to Airtel Money
- Make a loan request
- Repay loan
- Open Fixed deposit account
- Open Savings account
- M-Fanisi balance enquiry
- M-Fanisi mini statement
- Loan repayment options of 7, 14 and 30 Days
- Rollover fee equivalent to the loan terms if the customer does not pay within the period.
- Loan is disbursed directly to the customers Airtel Money account
M-Fanisi loans do not attract interest charge, just a facility fee:
- 3.3% for 7 day loan inclusive of excise duty.
- 5.5% for 14 day loan inclusive of excise duty.
- 8.25% for 30 day loan inclusive of excise duty.
- Dial *222#
- Select Loans
- Select check loan limit
- Select Loans
- Select Request loan
- Enter amount and select period
- Enter your Airtel Money PIN
- Loan amount will be sent into your Airtel Money Account
- Select Loans
- Select Pay Loan.
- You can pay from Airtel Money or from your M-Fanisi account
- You have been listed with the Credit Reference Bureau.
- You already have an existing M-Fanisi loan
- You have a low credit rating
- Increase usage of Airtel Money services
- Increase activity on your M-Fanisi Account by moving money in and out of your Account
- Increase savings on your M-Fanisi Account.
- No minimum balance
- No charges levied on the account
- Interest of up to 11.25% p.a for fixed deposit
- Interest of 2% p.a for transaction account and 7% p.a for savings account.
- Transfer to and from Airtel Money id free of charge
From the main menu Select Savings
For Fixed deposit
Select Fixed Deposit
To view interest rates on Fixed Deposit
Select Interest rates table
To open fixed deposit Account
Select Open Fixed deposit
Enter amount and select period
Enter your Airtel Money PIN
Confirm Fixed Account details
For Savings accounts.
Select Savings
Select Deposit and Source of Money
Enter amount
Enter your Airtel Money PIN
Confirm deposit details
You will receive a confirmation message.
Minimum is Ksh.1
Money in and out of the M-Fanisi Account is ONLY available through Airtel Money
To deposit from Airtel Money
Dial *222#
Select Airtel Money to M-Fanisi
To withdraw to Airtel Money
Dial *222#
Select M-Fanisi to Airtel Money
- Dial *222#
- Select My Account
- Select Check balance
- Enter airtel Money PIN
- Select the account
- Yes, it is possible to activate more than one M-Fanisi account. Each M-Fanisi account is linked to a mobile number. However, if you want another M-Fanisi loan on another Airtel Money line you will be required to first pay the outstanding loan on the Airtel Money account from which you borrowed.
- No roll over fees is charged, instead outstanding loan balance will be rolled over for a period of equivalent to the current loan.
- No. You have to repay your outstanding loan first before you can borrow another loan.
- Yes. You can borrow any amount within your limit.
- Yes, when repayments are made within loan due dates. To make partial payments select Repay loan then choose where you want to repay from either from M-Fanisi or Airtel Money the amount to be repaid.
- Upon repayment of loan in full, customers are eligible to borrow immediately
- Any excess payments made by customer are refunded.