In this article, you will learn how to pay Watu Credit Loan balance via paybill and also how to check your loan balance on your phone.
You can easily pay for your Watu Credit loan using their paybill number 650880. The company does not accept cash payments.
How to Pay Watu Credit Loan
To pay your loan balance, you will need to enter the Watu Credit Paybill number 650880 and your phone number as the account number.
Steps on how to pay Watu Credit Loan via Paybill Number 650880:
- Go to your MPESA Toolkit
- Choose Lipa na MPESA and then Paybill Option
- Enter the Paybill Number 650880
- Enter your National ID Number as your Account Number
- Then enter the amount to repay
- Enter your MPESA Pin
- Confirm all details are correct, then press send.
- Press the submit option to submit it
You will get a message proving a successful repayment of your loan. And that is how to pay Watu Credit loan. If you face any challenges, feel free to contact their customer care agents for assistance.
What is included in the Total Value of the Watu Credit Loan?
- Principal amount
- Interest and fees (to cover GPS tracking and insurance costs)
Related: TVS Motorbikes prices in Kenya.
About Watu Credit
Watu Credit is a non-bank finance company that offers asset financing for motorcycles and three-wheelers and group lending products including short-term and business loans. They have partnered with brands such as TVS, Car and General, Piaggio, Honda, Bajaj, Haojin, Skygo, and many more to give clients the best products in the market.
To get financing for a motorbike or tuk-tuk from Watu Credit, you must meet their minimum requirements. Additionally, you must have a good CRB rating. And as such, if you are adversely or negatively listed in the CRB, you will not a motorbike financing. You can check Watu Credit balance.
Frequently Asked Questions
1. What is the Paybill for Watu Credit?
The Watu Credit paybill number is 650880. Watu Credit does not accept cash payments.
2. How Do I Check My Loan Balance With Watu Credit?
Dial the USSD code *876# and follow the prompts to access Watu Credit online services and check your Watu Credit loan balance.
Steps on How to Check Your Watu Credit Loan Balance:
1. Dial the USSD Code *876# on your phone
2. Select the “My Loan” option
3. Then select check balance
Note that you may be charged standard SMS/call rates by your mobile service provider.
3. How Do I Check My Watu Credit Balance via SMS?
You can check your Watu Credit balance by calling Watu Credit Customer Care at 0800 202 777 and a member of their team will provide you with your loan balance. Alternatively, you can visit any of their branches countrywide.
4. Who Owns Watu Credit?
Watu Credit is wholly owned by Watu Holding Limited, a company registered in Mauritius and with operating companies in Kenya, Uganda, Tanzania, and Sierra Leone.
Who is the CEO of Watu Credit?
The current Chief Executive Officer of Watu Credit is Andris Kaneps.