Imarika Sacco Paybill Number
Finance

Imarika Sacco Paybill Number

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Imarika Sacco is a prominent savings and credit cooperative society in Kenya, offering a wide range of financial services to its members. One of the most convenient ways for members to make deposits or payments is through M-Pesa, Kenya’s leading mobile money platform. By using the designated Paybill number, members can easily contribute to their accounts from the comfort of their homes or offices. This topic provides a comprehensive guide on how to use the Imarika Sacco Paybill number, along with information on the services offered by the Sacco.

Imarika Sacco Paybill Number

The official M-Pesa Paybill number for Imarika Sacco is350050. This number is used for making various payments, including deposits to savings accounts, loan repayments, and other financial transactions.

How to Make Payments Using M-Pesa

To deposit funds into your Imarika Sacco account via M-Pesa, follow these steps

  1. Go to the M-Pesa menu on your phone.
  2. Select Lipa na M-Pesa”.
  3. Choose “Paybill”.
  4. Enter the business number350050.
  5. Enter your account number. This can be your ID number or your Sacco account number.
  6. Enter the amount you wish to deposit.
  7. Enter your M-Pesa PIN.
  8. Confirm the details and send.

Upon successful transaction, you will receive confirmation messages from both M-Pesa and Imarika Sacco.

Depositing to Specific Products

If you wish to deposit funds into a specific product or loan account, you can use the following short codes

  • DE– BOSA Deposit
  • IL– Inua Loan
  • FD– FOSA Deposit
  • EL– Emergency Loan
  • SA– Saving Account
  • PL– Premium Loan
  • MS– Micro Saving Deposit
  • RL– Refinance Loan
  • PR– Parrot Account
  • LT– Long Term Advance
  • NL– Normal Loan
  • ST– Short Term Advance

To make a deposit using a short code, follow these steps

  1. Go to the M-Pesa menu on your phone.
  2. Select “Lipa na M-Pesa”.
  3. Choose “Paybill”.
  4. Enter the business number350050.
  5. Enter the account number Combine the product short code with your ID number. For example, for BOSA DepositDE12345678.
  6. Enter the amount you wish to deposit.
  7. Enter your M-Pesa PIN.
  8. Confirm the details and send.

Confirmation messages will be sent to you upon successful transaction.

Imarika Sacco Services

Imarika Sacco offers a variety of financial products and services designed to meet the diverse needs of its members

Savings Products

  • Ordinary Savings Account– A basic account for saving purposes.
  • Malaika Junior Savings Account– Designed for children to encourage early saving habits.
  • Ekeza Savings Account– Aimed at helping members save for specific goals.
  • Jipange Savings Account– Tailored for members planning for future investments.
  • Holiday Savings Account– Allows members to save for holiday expenses.
  • Weka na Ujipange Account– A flexible savings account for various needs.
  • Weka Mdogo Mdogo Account– Encourages small, regular savings.
  • Share Capital– Investment in the Sacco’s capital base.
  • Long Term Deposit / Share Deposit– For members looking to make long-term investments.

Loan Products

  • Development Loan– For funding development projects.
  • Normal Loan– Standard loan for various purposes.
  • School Fees Loan– To assist with educational expenses.
  • Emergency Loan– For unforeseen financial needs.
  • Boda Boda Loan– Specifically for motorcycle taxi operators.
  • Swift Loan– A quick loan for urgent requirements.
  • ScholarPlus Loan– For advanced education funding.
  • Mortgage Product Loan– To facilitate home ownership.
  • Mavuno Tele Loan– Tailored for agricultural investments.
  • Ufanisi Loan– For business expansion and growth.
  • Smart Loan– A flexible loan option for various needs.
  • Development/Normal Loan– For long-term projects and investments.
  • Mtandao Loan– Designed for online business ventures.
  • Karibu Loan– Welcoming loan for new members.
  • Fanikisha Loan– For funding business ideas.
  • Sanitation Loan– To improve sanitation facilities.
  • Retiree Product– For members approaching retirement.
  • Organization’s Loan Products– Tailored loans for organizational needs.
  • Share Booster– To increase share capital.
  • Mtandao Loan– For online business ventures.

Mobile Banking Services

Imarika Sacco provides mobile banking services through its M-Sacco platform. Members can access a range of services via the USSD code*645#or*440#. These services include

  • Mobile cash withdrawals.
  • Mobile deposits.
  • Balance inquiries.
  • Savings and shares management.
  • Loan applications and repayments.
  • Funds transfer.
  • Airtime purchases.
  • Mini-statements.
  • SMS alerts for various transactions.
  • Salary alerts.
  • Loan granted alerts.
  • Cheque maturity alerts.
  • Guarantor notification alerts.
  • ATM transaction alerts.

Contact Information

For more information or assistance, you can reach out to Imarika Sacco through the following channels

  • Head OfficeImarika Plaza, Kilifi Town
  • Phone0726007037
  • Emailinfo@imarika.org
  • Websitewww.imarika.org

Imarika Sacco is committed to providing convenient and accessible financial services to its members. By utilizing the M-Pesa Paybill number350050, members can easily manage their finances and access a wide range of services designed to meet their needs.