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Timiza Paybill Number-How to Pay Timiza Loan

When borrowing a loan, Timiza issues you with a specific period of time of loan repayment, 30 days, within this period, make sure that you have repaid the exact amount needed by Timiza that is the principal amount plus the interest. Remember that paying back you loan on time improves your loan limit and positively impact your credit score making it easier to borrow money any time.

In case you delay paying Timiza loan, the period will be extended for another period of 30 days and a penalty of 5% roll-over fee will be added on your outstanding loan balance. If you make Timiza Loan over payment, the excess money will be credited to your account as your savings and can be transfered to your Mpesa account.

In this article we shall see three different methods Timiza clients can use to repay their loans. One is through the Timiza Mpesa Paybill number  300067 and the second method is by use of Timiza short USSD code *848#. lastly you can repay your Timiza Loan by logging in straight to the Timiza mobile App. To repay Timiza loan is simply done by following step by step process shown below

Procedure to Repay Timiza Loan via Mpesa
  1. Go to Mpesa menu on your phone
  2. Press Lipa Na Mpesa option
  3. Select Paybill
  4. Enter business number as 300067
  5. Dial your mobile phone number as the account number
  6. Dial the amount to be repaid
  7. Enter your Mpesa PIN and press OK
  8. Confirmation messages both from Timiza and Mpesa will be sent to you concerning your loan repayment
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Procedure to Repay Timiza Loan via Timiza App

Using Timiza app is efficient way of paying loan. Follow the steps below

  1. Download and install Timiza app from the google play store and complete registration process
  2. Open Timiza app and log in with your PIN
  3. Press on my loans
  4. Select pay loan
  5. Enter the amount to be repaid and press OK
  6. You will receive a confirmation message from Timiza confirming your loan repayment
Procedure to Repay Timiza Loan via USSD *848#
  1. Open the dial pad and press *848#
  2. Log in with your Timiza PIN
  3. Press on loan and select pay loan
  4. Enter the amount to be paid and press OK
  5. You will receive confirmation message from Timiza concerning your payment

Read>>>>How to Apply for Timiza Mobile Loan

In case you are experiencing any challenge, you can contact Timiza by visiting the nearest Absa bank. You can also contact Timiza using the following contacts.

Timiza Contacts

Phone number: 0722130120/0732130120

Email: Barclays.kenya@barclays.com

Physical location: ABSA branches in Kenya

Website: https://www.absabank.co.ke/personal/ways-to-bank/timiza

Facebook: https://www.facebook.com/TimizaKE/


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