• Home
  • About
    • About Hapa Kenya
    • Privacy Policy
  • Advertise
  • Contact
  • Terms
  • Home
  • About
    • About Hapa Kenya
    • Privacy Policy
  • Advertise
  • Contact
  • Terms
HapaKenya
 logo
  • Life

    Life

    See all
    • DCI accused of installing spyware on devices belonging to Bryan Adagala & Nicholas Wambugu

      September 10, 2025
    • The hunt for Kenya’s best content creators on as BAKE Awards 2025 kicks off

      September 10, 2025
    • Safaricom launches new data bundles for online taxi drivers & Boda Boda operators

      September 9, 2025
    • Events
  • Business

    Business

    See all
    • Samsung Galaxy A07 launched in Kenya to expand smartphone access

      September 11, 2025
    • Safaricom Chapa Dimba All Stars boys’ team beats Huesca U23 6-1 in Spain

      September 10, 2025
    • Kenyan property market leads Global returns in 2025 according to HassConsult report

      September 10, 2025
  • Tech

    Tech

    See all
    • Samsung Galaxy A07 launched in Kenya to expand smartphone access

      September 11, 2025
    • DCI accused of installing spyware on devices belonging to Bryan Adagala & Nicholas Wambugu

      September 10, 2025
    • The hunt for Kenya’s best content creators on as BAKE Awards 2025 kicks off

      September 10, 2025
  • Entertainment

    Entertainment

    See all
    • Rising Kenyan artist Keemlyf releases new single “Inside,” featuring Savara

      September 10, 2025
    • Samburu Maralal International Camel Derby returns for 32nd edition on September 25

      September 10, 2025
    • Webi to headline “Miale by Cheche Sessions” at Spills House

      September 10, 2025
  • Travel
  • Sports
  • Health
  • Bars + Restaurants
  • Drinks
  • Trending

    Trending

    NowWeekMonth
    • 26

      How to make pilau

      1
    • 22

      15 places you can get quick loans in Kenya in 2021

      2
    • Absa
      21

      105 Absa Bank employees acquire digital skills at Strathmore University

      3

How to get a loan from the NIC Bank mobile banking service

Staff WriterJuly 24, 2019
2 min read
Shares

NIC Bank in Kenya now offers loans to its customers via its mobile banking service. The loan is available via the NIC NOW App and also via USSD.

To get a loan, you need to do the following:

1. Register for the mobile banking service

To be able to get the loan as an NIC Bank customer, you need to register for the NIC mobile banking service. You can do so at any NIC Bank Branch.

2. Apply for the loan

To apply for the loan, dial *488# from your phone and follow the steps. You can also access the loan service via the NIC NOW App. The app is available for download on the Google Playstore and on the Apple store.

To be able to get the loan you have to have a minimum balance of Ksh. 1,000. To check your loan limit, you can dial 488# or check on the NIC NOW App and choose check loan limit option.

The minimum you can borrow is Ksh. 1,000.

3. Charges

The NIC Mobile banking loans will be subject to a 1.13% interest rate that is also equal to an annual rate of 13.56%. They will also be a processing fee of 4% which is subject to excise duty.

4. Repayment

The NIC Mobile Banking loan will be repayable over a period of 30 days.

Other services that you can enjoy via the NIC Mobile Banking service includes;

  • Quick balance display for accounts and credit cards
  • Branch & ATM locater with banking hours information
  • Fast contact to NIC Bank customer care services via telephone, email & social media (Twitter and Facebook)
  • Secure payment options via RTGS and EFT
  • M- PESA service that is linked to phone address book
  • Latest business tools including forex rates, stock prices, currency converter and loan calculator.
  • Account name customization for ease of identification
  • Bill presentment and payment options for major billers and utilities
  • Airtime purchase service that is linked to phone address book
  • M- VISA services –Real-time Visa payments to an individual, a Merchant or an Agent
Share On
Tweet

Related Posts

  • Safaricom Chapa Dimba All Stars boys’ team beats Huesca U23 6-1 in Spain

    Samson NderiSeptember 10, 2025
  • The hunt for Kenya’s best content creators on as BAKE Awards 2025 kicks off

    Samson NderiSeptember 10, 2025
  • Co-operative Bank now has ISO/IEC 27001:2022 certification for information security management

    Samson NderiSeptember 9, 2025
  • Safaricom Chapa Dimba All Stars fly to Spain for International football training

    Staff WriterSeptember 8, 2025
  • Safaricom’s inaugural gaming conference sparks conversation on youth talent & opportunities

    Samson NderiSeptember 5, 2025
  • Safaricom Chapa Dimba all-stars head to Spain for International football camp

    Samson NderiSeptember 4, 2025

Archives

Trending

Samsung Galaxy A07 launched in Kenya to expand smartphone access

September 11, 2025
KRA

KRA appoints Nancy Ng’etich as Commissioner, announces leadership changes

September 11, 2025

Rising Kenyan artist Keemlyf releases new single “Inside,” featuring Savara

September 10, 2025

DCI accused of installing spyware on devices belonging to Bryan Adagala & Nicholas Wambugu

September 10, 2025

Kenya announces star studded squad for the 2025 World Athletics Championships

September 10, 2025

Kenya finds redemption with resounding 5-0 win over Seychelles

September 10, 2025

Samburu Maralal International Camel Derby returns for 32nd edition on September 25

September 10, 2025

Safaricom Chapa Dimba All Stars boys’ team beats Huesca U23 6-1 in Spain

September 10, 2025

Kenyan property market leads Global returns in 2025 according to HassConsult report

September 10, 2025

Githunguri avocado farmers unite to launch new Cooperative

September 10, 2025
  • About
  • Advertise
  • Contact
  • Privacy Policy
© 2018 HapaKenya Media Ltd. - All rights reserved