Equitel Kenya: Charges, USSD, EazzyLoan, How to Pay (2026)

Equitel is Equity Bank's mobile phone line. Dial *247# and every Equity money service (send, pay bill, buy goods, borrow, save, buy airtime) runs from your Equity Bank account. It is run by Finserve Africa and rides on the Airtel network as an MVNO.

M-PESA and Airtel Money are wallets: you load money into a wallet separate from any bank account. Equitel is not a wallet, it is bank-account-based. The line is tied to your Equity account, so when you pay or send, the money moves straight from that account.

Dial *247# for banking and money services. The same code works from any Kenyan network as long as your Equity account is linked to your phone number.

Paybill 247247 is Equity's aggregator paybill on M-PESA. It moves money from an M-PESA wallet into an Equity or Equitel account. The account field in the M-PESA prompt takes either the destination Equity account number or the Equitel phone number, and the aggregator routes to that account.

Up to KES 3 million on EazzyLoan, subject to your personal limit. Equity does not publish a fixed interest rate; the app or USSD prompt shows the exact cost at the point of borrowing. See our EazzyLoan guide for the current rules.

At any Equity Bank branch or a registered Equity agent. Bring your original national ID. If you do not already bank with Equity, open the account on the spot; the Equitel line links to it. Physical SIM or eSIM available.