The Higher Education Loans Board (HELB) offers various means of repaying HELB loans such as via M-PESA paybill 200800 and Credit or Debit (ATM) card.
The board also supports loan repayment via bank deposits to various banks. This can be done either directly by the borrower or as monthly deductions from one’s salary through an employer.
These monthly instalments are however expected not to be more than 25% of the employee’s basic salary.
On completion of the loan repayment, the borrower is issue with a HELB Clearance Certificate. On the other hand, failure to repay the HELB loan as agreed on the contract attracts penalties which are added to the borrower’s loan account.
This may also lead to a negative listing in the Credit Reference Bureau (CRB) which lock one out from accessing loan facilities as well as getting the CRB clearance certificate that’s required by employers.
HELB Bank Account Numbers
Loan payments are to be completed through a standing order, cash deposit or direct transfer (EFT i.e. from one bank to another) to the bank accounts listed below. The borrower’s National ID number should always be indicated in all payments.
| Bank | Account Number | Branch |
|---|---|---|
| Citibank | 300 040 012 | Nairobi |
| Co-operative Bank | 011290 612 228 00 | University-way |
| Barclays Bank | 077 501 8216 | Barclays Plaza |
| Kenya Commercial Bank | 1103 266 314 | University-way |
| Standard chartered Bank | 010 801 826 4700 | Koinange street |
| Equity Bank | 055 029 357 3408 | Equity Center |
| National Bank of Kenya | 01001060391100 | Harambee Avenue |
| Family Bank | 035 000 024 971 | Family Bank Towers |
| Chase Bank | 0332084215001 | Family Bank Towers |
| NIC Bank | 1002247638 | Delta |
| Jamii Bora Bank | 0011748527001 | Koinange street |
