How do I repay my HELB loan?

How to Pay HELB via Mpesa

  1. Go to your Mpesa Menu and select the Lipa na Mpesa Option.
  2. Go to Paybill.
  3. Enter your Paybill number(200800)
  4. Your national ID number is the account number.
  5. Enter the amount to pay.
  6. Input your pin number.
  7. Send and wait for a confirmation message.

How do I check my helb repayment status?

How to check HELB disbursement status online

  1. Visit HELB website www.helb.co.ke.
  2. Click on loan status.
  3. Click on disbursement a form indicating your loan disbursement status will appear.
  4. Click on disbursement and a form indicating your loan disbursement status will appear.

How do I claim my helb refund?

Here are the steps to follow;

  1. You’ll have to Download Helb Loan Recovery Enquiry form.
  2. Fill the form appropriately.
  3. Get your bank details especially from your ATM.
  4. Scan both your ATM and filled in Helb Loan Recovery form.
  5. Prepare an email asking for a refund and attach the scanned copies.
  6. Send to [email protected].

How do I change my helb details after submission?

Go to my account on the HELB App then click on Institution, then click on edit. Caution should be taken not to provide incorrect details that may lead to misdirected funds or non-disbursement. My institution details are not correct.

How much interest is helb?

Repaying the Undergraduate Loan HELB UG Loans are charged 4% interest per annum and is repayable up to a maximum of 120 months.

What is the minimum helb repayment amount?

There is a Kshs. 1500 minimum amount that you can pay per month to avoid the penalties. This is not much if you think about it. You can even make way past this amount by making a weekly payment.

Is helb application still ongoing 2021?

HELB Loan Registration/Applications 2020/2021 is scheduled to close on January 31st, 2021. The HELB Application Portal is expected to shut down on the same date at 11:59 PM.

Is HELB loan portal open?

The Higher Education Loans Board (HELB) announced that applications were open for the second and subsequent Undergraduate Loan 2020/2021 financial year.

Does helb refund?

Over Repayment If you overpay your loan, you will receive a refund from HELB and not your employer. To claim refund, please fill in the Loan Recovery Enquiry form.

How long does helb take to refund money?

Processing of your refund should take about 30 to 60 days.

How do I change my bank account helb?

To change your HELB bank account number; Download student’s personal bank details change request form from here: https://www.helb.co.ke/wp-content/uploads/2019/08/HELB-Student-Details-Change-Request-Form-RF-1-2019-002.pdf. fill the form and scan it. Scan your ATM and ID Card.

Is helb portal open?

When do I have to repay my HelB loan?

HELB loan repayment by Mpesa will help avoid late payment penalties. If you repay your loan yourself (no employer), you are required to do so before the end of each month. Those who pay directly to HELB bank accounts should e-mail the remittance form to the HELB e-mail address.

Which is the best way to repay HelB loan in Kenya?

HELB loan repayment by mpesa is more convenient than using the other methods. It is safer and faster. In addition to the HELB loan repayment by Mpesa, one can also use a bankers cheque, cash deposit to HELB collection and EFT through most banks in Kenya, including Equity, KCB, Family Bank, Co-operative and NBK.

How can I pay my Equity Bank HELB loan?

Other methods for paying your HELB loan include Equity bank ATM’s and Pesapoint, using your national ID number for the account reference number. Defaulters receive a 5,000 Ksh penalty for each month not paid. Go to M-PESA menu, select Pay Bill.

Which is the National ID number for HelB loan?

Your ID number is your account number when paying via Mpesa and HELB paybill number 200800. Other methods for paying your HELB loan include Equity bank ATM’s and Pesapoint, using your national ID number for the account reference number. Defaulters receive a 5,000 Ksh penalty for each month not paid. Go to M-PESA menu, select Pay Bill.

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