Wondering how to Fuliza Mpesa in Kenya? Well, let’s go ahead and show you how easy it is. The service comes in handy when you have to complete an Mpesa transaction and you have insufficient funds in your account.
As long as you are within your Fuliza limit you can get funds many times.
To start using Fuliza dial *234#
The service is available to all Safaricom customers but the amount depends on the credit viability of each individual.
It is important to note that once you have a Fuliza loan, once you receive an Mpesa the loan is automatically deducted.
To register for Mpesa Fuliza just dial *234# and select Fuliza. One should be an Mpesa registered customer on their Safaricom line. You can also use the Safaricom app.
Requirements to Get Fuliza Mpesa
One should have a registered Safaricom line and be registered for Mpesa services. The Safaricom line should be active for at least 6 months.
Dial *234# on your phone and select Fuliza Mpesa to opt in.
Repayment of How to Fuliza Mpesa
It is not a loan, rather, it is an overdraft services that enables one to complete their Mpesa transaction even when they have insufficient balance. Therefore, in case you have a loan and you happen to receive money through your Mpesa the amount is deducted immediately.
Fuliza Interest and Service Fee
The charges are 1% access fee and a maintenance fee on any outstanding balance. Normal M-PESA transaction charges apply.
Band | Tariff |
0 -100 | One-time fee of Ksh 2.4 |
101-500 | Ksh 6 per day |
501-1000 | Ksh 12 per day |
1001-1500 | Ksh 24 per day |
1501-2500 | Ksh 30 per day |
2501-70000 | Ksh 36 per day |
Important Tips for How to Fuliza Mpesa
- The limit depends on your credit viability.
- The Fuliza amount can be used to Lipa Na M-PESA: Buy goods and Paybill as well as Send money.
- Note that one cannot withdraw Fuliza amount.
- Grow your limit by using Safaricom M-PESA services often and repaying Fuliza M-PESA on time by toping up the M-PESA account.
- The minimum and maximum amount that one can transact using Fuliza Mpesa is Kenya shillings 1 to 70,000.
- Penalties for late repayment are; one will not have access to Fuliza M-PESA limit if one has any unpaid balance after day 30. However, this will be restored on full repayment of the balance.