Need to deposit money into your Equity Bank account from M-Pesa? You’re not alone. Millions of Kenyans trust Equity Bank for its convenience and wide reach.
With over 190 branches across the country, Equity is one of Kenya’s top-tier banks. But you don’t need to visit a branch to bank—thanks to M-Pesa, you can move money anytime, anywhere.
This guide will walk you through the process of sending money from M-Pesa to an Equity account safely and quickly using Equity’s Paybill number: 247247.
Easy Steps To Send Money From Mpesa To Equity Account
Sending money from M-Pesa to your Equity Bank account is fast and doesn’t require a visit to the bank. You can do it all from your phone in under a minute.
Step-by-Step Process
Follow these steps carefully to ensure your money is sent to the right account:
- Open your M-Pesa menu on your mobile phone
- Select Lipa na M-Pesa
- Choose Paybill
- Enter 247247 as the Business Number (this is Equity’s official Paybill number)
- Enter your Equity Bank account number
- Enter the amount you want to deposit
- Input your M-Pesa PIN and press OK
- You will receive a confirmation message from both M-Pesa and Equity Bank
Make sure the Equity account number is entered correctly to avoid delays or errors.
Benefits Of Using Mpesa To Deposit Into Equity Account
There are many reasons why sending money from M-Pesa to Equity Bank is the go-to method for most people.
Convenience
You don’t need to go to a bank or ATM. With just a few taps on your phone, you can complete your transaction from anywhere at any time—even on weekends and holidays. This is perfect for emergencies or when you are out of town.
Instant Confirmation
Equity Bank and M-Pesa send confirmation messages immediately after a successful deposit. This helps you track your money in real time and gives you peace of mind.
Things To Remember When Sending Money To Equity Account
Though the process is simple, always double-check your details before completing a transaction.
Double-Check Account Numbers
One small error in the account number can send your money to the wrong person. Always confirm that the number you enter matches your Equity account.
Stay Within M-Pesa Limits
M-Pesa has transaction limits. You can send up to Ksh 150,000 per transaction and Ksh 300,000 per day. If you need to send more, you can break it into multiple transactions.
What To Do If The Money Doesn’t Reflect
If you send money but don’t see it in your Equity account, wait a few minutes. Sometimes network delays happen. If the issue persists:
- Call Equity Bank at 0763063000
- Reach out via Twitter: @KeEquityBank
- Or message them on Facebook: Equity Bank Kenya
Keep your M-Pesa confirmation message ready. It will help them trace your transaction faster.
