How to Pay Timiza Loan in Kenya
Introduction
Paying back your Timiza loan is important to maintain your good credit standing and access higher loan limits in future. Timiza offers multiple repayment methods which make it easy to clear your loan even if you are busy. Below are the steps and options to help you repay your Timiza loan quickly and correctly.
The Easiest Way
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Open M-PESA → Lipa na M-PESA → Paybill
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Use business number 300067
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Enter your Timiza registered phone number as account number
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Enter the amount, then confirm with your M-PESA PIN
Step by Step Guide
Option 1: Using M-PESA Paybill
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Open your M-PESA menu on your phone.
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Select Lipa na M-PESA.
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Choose Paybill.
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Enter the Timiza paybill number: 300067.
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Enter your Timiza registered mobile number as the account number.
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Input the amount you want to repay.
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Enter your M-PESA PIN and confirm.
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You will receive a confirmation SMS.
Option 2: Using the Timiza App
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Open the Timiza app on your smartphone.
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Log in using your Timiza PIN.
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Go to My Loans.
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Select Repay Loan.
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Choose the amount (full or partial repayment).
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Select payment source (Timiza Wallet or M-PESA).
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Confirm payment.
Option 3: Using USSD *848#
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Dial *848# on your Safaricom line.
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Enter your Timiza PIN.
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Choose the Loan menu.
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Select Pay Loan.
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Enter amount and confirm via your preferred payment channel (M-PESA or Timiza Wallet).
Important Notes & Tips
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Timiza loans are usually repayable within 30 days from when disbursed.
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If you repay late, there may be a roll-over fee for the outstanding balance.
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Partial repayments are acceptable; you don’t always have to repay the full amount at once.
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Always ensure you use the same phone number registered with Timiza when making payments.
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Keep the confirmation messages/SMS for proof of payment.
FAQs
Q: Can I repay the loan using a number different from my registered Timiza number?
No. Typically you must use the phone number registered with your Timiza account as the account number.
Q: What if I don’t have full funds to repay the whole loan?
You may make a partial repayment; however the loan may still attract fees or affect your eligibility for future loans.
Q: How long does it take for payment to reflect?
Payments via M-PESA or USSD are usually instant. It may take slightly longer during busy periods or depending on network delays.
Q: Can I repay from the Timiza wallet?
Yes. If you have funds in your Timiza wallet, you can use them to repay the loan via app or USSD.
Q: Will late repayment affect my loan limit?
Yes. Timely repayment helps improve your loan limit. Late repayment may reduce your limit or affect eligibility.
