Bayes is one of the best loan Apps in Kenya that offers quick and cheap loans to Kenyans through their mobile app. With Bayes you can borrow from as little as Ksh. 500 to as high as Ksh.50,000 and repay your loan within a month.
All you need to repay your Bayes Mobile Loan is your ID number and the Bayes Mpesa Paybill Number. 599862. This article will give you a walk through and a guide on how to repay your Bayes loan. But first how do you get a Bayes loan?
To get a Bayes Loan you will first need to download the Bayes loan App or by use of Mobile USSD code *879*88#.
With Bayes you can get a loan in minutes by following these 5 steps.
- Download the Bayes Mobile app from Play Store or Appstore and install it
- Sign up and click on the loan screen
- Click on borrow to get a new loan
- Select a loan product of your choice
- Enter your preferred amount and get the money in your Bayes amount within minutes.
Bayes Loan Paybill Number
To repay your Bayes loan use the Bayes Mpesa Paybill number 599862. You will also need your ID number to be able to repay your Bayes Loan via Mpesa.
How to repay your Bayes Loan with Bayes Mpesa Paybill Number
- Using your Your Mpesa number go to Mpesa Menu
- Select Lipa na Mpesa Option
- Select Paybill
- Enter 599862 under Business number
- Under the account number enter your ID number
- Enter the amount you wish to pay
- Enter your Mpesa PIN
You will receive a confirmation SMS from both Bayes and Mpesa confirming your payment.
Alternatively you can pay your Bayes loan by logging into the Bayes Mobile App.
From here select “Repay Loan Option”. You will be redirected to your Mpesa menu where you will be able to complete the transaction.
There is more than just getting a loan with Bayes, you can pay for your Dstv and water bills directly using the Bayes loan App
Bayes also offers advance salary for employees. This facility offers access to bridge financing for your employee’s mid-month emergency needs, designed to have a maximum limit of up to 30% of the net pay. The advance salary loan is usually processed within 24HRS.