This is a simple guide on how to send/deposit money from Mpesa to your NIC bank account. It’s one of the 43 licensed commercial banks in Kenya which was incorporated in Kenya on 28th September 1995. NIC’s head office is located at NIC House along Masaba Road in Upperhill, Nairobi. As of 2020, it has 42 branches across the country.
The bank is synonymous with offering the cheapest SME loans and one of the best digital banking solutions in Kenya. Apart from that, NIC offers other financial solutions such as personal banking, platinum banking, corporate banking, transactional banking, institutional banking, mobile banking, online banking, agent banking, and diaspora banking.
To send money from Mpesa to NIC Bank, you need to know your account number and NIC’s Mpesa Paybill number which is 488488.
How To Send Money From Mpesa To NIC Bank
1. Go to your Mpesa Menu
2. Select Lipa na Mpesa
3. Select Paybill
4. Enter 488488 as the Business number
5. Enter your NIC Bank Account Number
6. Enter the amount you would like to deposit into your account
7. Enter your PIN and press OK.
8. You will receive a transaction confirmation message from Mpesa and NIC Bank
The maximum amount you can send to your account using Mpesa is Ksh 70,000 per transaction.
If you have further questions/ inquiries, don’t hesitate to contact NIC Bank using the contacts below.
NIC Bank Contacts
Phone: +254711 041 111/0732 141 111
Address: NIC House, Masaba Rd, Upperhill