Equity's Eazzy loan can be repaid straight from M-PESA, without first pushing money into the Equity app. The key is using the right paybill: 247263 is the Eazzy loan route, while 247247 is the general account-funding number.
The verified paybill
The Equity Eazzy loan repayment paybill is 247263. The account is your Equity account number. If you would rather repay inside the Equity Mobile app or on Equitel, you can, but the paybill route works directly from any M-PESA line.
Repay from M-PESA step by step
- Open the M-PESA app, or dial *334#.
- Select Lipa na M-PESA, then Pay Bill.
- Business number: 247263.
- Account: your Equity account number.
- Enter the repayment amount.
- Enter your M-PESA PIN and confirm.
Keep the M-PESA SMS. The repayment usually posts to the loan within minutes.
The two Equity paybills
This is where people go wrong. If you pay 247247 (general account funding) thinking it clears the Eazzy loan, the money lands in your Equity account balance rather than against the loan, and you then still have to move it to the loan inside the app. Paying 247263 applies it to the loan directly. If you used the wrong one, log into Equity or call Equity on 0763 000 000 to reallocate.
What it costs
Equity adds no fee on top of the M-PESA tariff.
| If you repay | M-PESA fee | Total off your wallet |
|---|---|---|
| KES 1,000 | KES 10 | KES 1,010 |
| KES 5,000 | KES 34 | KES 5,034 |
| KES 20,000 | KES 62 | KES 20,062 |
Frequently asked questions
What paybill repays an Equity Eazzy loan?
Use paybill 247263 with your Equity account number. That routes the payment to the Eazzy loan. Paybill 247247 only funds your Equity account balance.
Can I repay my Equity loan from M-PESA without the app?
Yes. Pay Bill 247263 with your Equity account number repays the Eazzy loan directly from any M-PESA line.
I paid 247247 by mistake. What now?
The money went to your Equity account balance, not the loan. Log into Equity or call 0763 000 000 to move it to the loan.
How long does an Equity loan repayment take to reflect?
Usually within minutes. Keep the M-PESA SMS as proof until it posts.
Resources
- Equity 247247 paybill explained covers general account funding and the account-number format.
- Comparing bank mobile loans? See KCB M-PESA loan review and M-Shwari vs KCB M-PESA.
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