Equity Bank Paybill is one of the easiest ways to send money directly from MPesa to your Equity account. Whether you want to deposit, pay bills, move funds, or support someone, the Paybill service gives you a fast, secure, and reliable way to transact anytime.
In this guide, you will learn the Equity Bank Paybill number, how to deposit money, how to withdraw to MPesa, fees, limits, common errors, and tips for safe transactions.
What Is Equity Bank Paybill?
Equity Bank Paybill is a mobile money service that allows customers to send funds from MPesa directly to their Equity Bank account.
It works through the MPesa Lipa Na MPesa menu and supports both personal and business payments.
The service is widely used because it is:
- Convenient
- Fast and available 24/7
- Secure and linked to your mobile number
- Supported by all Equity Bank accounts
Equity Bank Paybill Number
The official Equity Bank Paybill number is 247247.
This Paybill is used for:
- Depositing money into your Equity Bank account
- Paying loans
- Making business payments
- Depositing to Equity Agent accounts
Always double-check the number to avoid sending money to the wrong account.
How to Deposit Money to Equity Using MPesa Paybill
Follow these steps:
- Go to MPesa Menu
- Select Lipa Na MPesa
- Choose Paybill
- Enter Business Number: 247247
- Enter Account Number: Your Equity Bank Account Number
- Enter the Amount
- Enter your MPesa PIN
- Confirm and send
You will receive both MPesa and Equity confirmation messages.
How to Deposit to Another Person’s Equity Account
Use the same steps but replace the account number with the other person’s Equity Bank account.
How Long Does It Take for Money to Reflect?
Deposits usually reflect instantly, but during system delays, it may take up to 5 minutes.
If it takes longer than 30 minutes, contact:
- Equity Customer Care
- MPesa for reversal (if wrong account details were used)
How to Withdraw Money From Equity Bank to MPesa
To move money from your Equity account to MPesa:
Method 1: Using the Equity Mobile App (Eazzy Banking App)
- Log in
- Select Send Money
- Choose To MPesa
- Enter the mobile number
- Enter the amount
- Confirm and send
Method 2: Using USSD *247#
- Dial *247#
- Select Withdraw To MPesa
- Enter phone number
- Enter amount
- Confirm
Your MPesa will be credited instantly.
Equity Bank Paybill Charges
Equity does not charge for deposits via Paybill.
However, MPesa will charge you according to its standard tariffs.
For withdrawals from Equity to MPesa, charges depend on the amount being transferred.
Minimum and Maximum Transaction Limits
MPesa Paybill Limits
- Minimum: Ksh 10
- Maximum per transaction: Ksh 250,000
- Daily limit: Ksh 500,000
Equity App/USSD Limits
May vary based on customer verification level.
Common Equity Paybill Errors and How to Fix Them
1. Wrong Account Number
If you send to the wrong Equity account, immediately request reversal via MPesa:
Safaricom — 100 or 234
Reversals are not guaranteed but are often successful if reported quickly.
2. Transaction Taking Long
May be caused by network delay.
Wait 5–10 minutes or check your account via USSD or the app.
3. Paybill Not Going Through
Confirm that you used the number 247247 correctly and have sufficient MPesa balance.
How to Check Your Equity Bank Account Balance
Use any of these methods:
- Dial *247#
- Use the Equity Mobile App
- Check via ATM
- Visit an Equity Agent
Safety Tips When Using Equity Paybill
To protect your money:
- Always confirm the Paybill number (247247)
- Verify the account number before sending
- Never share your MPesa PIN
- Use official Equity contacts for support
- Keep your SIM card locked
Why Use Equity Bank Paybill?
Equity Bank Paybill is reliable because it:
- Works anywhere in Kenya
- Makes it easy to fund your account for online shopping, school fees, or savings
- Helps you send money to family quickly
- Supports business payments
- Reflects almost instantly
It is a modern, efficient way to manage your banking without visiting a branch.
Final Thoughts
Equity Bank Paybill has made banking simple for millions of customers. Using the official Paybill number 247247, you can deposit money, pay bills, send funds to family, and manage your finances with ease. The service is fast, secure, and available anytime you need it.
If you use MPesa often and want quick access to your Equity account, the Paybill option is one of the best tools you can rely on.
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Vincent Nyagaka is the founder of Chweya, where he breaks down complex financial topics into simple insights. A trader since 2015, he uses his market experience to help readers better understand investing, trading, and personal finance.
