Equity Bank Paybill Number 247247: Pay via M-Pesa | MyCyber Kenya

Independent guide: MyCyber Kenya is not affiliated with, endorsed by, or a representative of Equity Bank (Kenya) Limited. Every figure on this page — the paybill number, USSD code, fees, and contact details — is sourced from Equity Bank’s own official website, equitygroupholdings.com/ke, and its published Products & Services Tariff Guide. Always confirm your own M-Pesa confirmation message before relying on any fee shown here.

Equity Bank Paybill Number: 247247

Equity Bank’s M-Pesa paybill number is 247247. It deposits money from M-Pesa straight into an Equity Bank account, and — unusually among Kenyan banks — you don’t need to remember your account number to use it. Equity also runs USSD mobile banking on *247# through its Eazzy 247 service.

Paybill Number

247247

Confirmed on Equity Bank’s official channels and its Products & Services Tariff Guide. Use your Equity Bank account number, or your Equitel number, as the account reference.

Quick Answers

What’s the account reference for paybill 247247?

Your Equity Bank account number — or, if you don’t remember it, your Equitel mobile number instead.

Is there a USSD option?

Yes — dial *247# to reach Eazzy 247, Equity Bank’s mobile banking menu, on any phone.

Does Equity Bank charge to receive M-Pesa deposits?

Equity’s own tariff guide lists receiving money from M-Pesa via mobile money wallet as free on the bank’s side — see the fees section below.

What is Equitel?

Equitel is Equity Bank’s own mobile network line, and an Equitel number can double as your account reference on paybill 247247.

How to Pay Equity Bank From M-Pesa

Go to Lipa na M-Pesa

On your Safaricom SIM Toolkit, open the M-PESA menu and select Lipa na M-PESA.

Select Pay Bill

Choose the Pay Bill option from the Lipa na M-PESA menu.

Enter business number 247247

Type in Equity Bank’s paybill number, 247247, as the business number.

Enter your account number or Equitel number

Type your Equity Bank account number as the account number, then the amount. If you’ve forgotten your account number, your Equitel number works too.

Enter your M-Pesa PIN and confirm

Enter your PIN and confirm. You’ll get an M-Pesa confirmation SMS once the deposit goes through.

The Equitel shortcut: Equity Bank has publicly confirmed that if you can’t remember your Equity account number, you can enter your Equitel mobile number as the account reference on paybill 247247 instead, and the deposit will still land in your linked Equity account. This is a genuine convenience unique to Equity’s setup, since Equitel numbers are directly tied to Equity accounts.

Eazzy 247 and the *247# USSD Code

USSD Code

*247#

Platform

Eazzy 247

Eazzy 247 is Equity Bank’s mobile banking service, reachable on *247# from any phone through Safaricom, Airtel, or Telkom — no smartphone or internet connection needed. Beyond paybill deposits, *247# is also used to open an Equity account instantly. For app-based banking, Equity offers the Equity Mobile app, alongside Equitel, its dedicated mobile line, and Equity Online for internet banking.

How Fees Actually Work

According to Equity Bank’s own Products & Services Tariff Guide, receiving money from M-Pesa into an Equity account through the mobile money wallet channel is listed as free on the bank’s side, regardless of amount. Sending money the other way, from an Equity account out to an M-Pesa or Airtel Money wallet, follows a tiered fee scale that starts free for very small amounts and rises with transaction size, topping out at KES 68 for the highest published tier, plus 15% excise duty where applicable.

Don’t treat this as fixed. Safaricom’s standard Lipa na M-Pesa paybill tariff still applies on the M-Pesa side of a deposit into Equity, even though Equity’s own side of that transaction is free. The confirmation message you receive after paying is the only figure that reflects exactly what you were charged — treat it as authoritative over any number quoted here.

Troubleshooting

I entered the wrong account or Equitel number — what now?

Contact Equity Bank immediately with your M-Pesa transaction code so they can trace the payment. A deposit sent against an incorrect reference will not automatically move to the right account.

My M-Pesa payment isn’t reflecting in my Equity account

Check your M-Pesa confirmation message to confirm 247247 and your account or Equitel number were entered correctly. If they’re correct and the deposit still hasn’t reflected, reach Equity Bank directly with your M-Pesa transaction code.

Can I use paybill 247247 without an Equitel line?

Yes. The Equitel-number shortcut is optional. You can always use your standard Equity Bank account number as the account reference on paybill 247247, regardless of which network your SIM is on.

Contact Equity Bank Directly

Hotline+254 763 000 000

Emailinfo@equitybank.co.ke

SWIFT CodeEQBLKENA

Banking HoursMon–Fri 8am–4:30pm, Sat 8am–12pm

FAQ

What is Equity Bank’s paybill number?

Equity Bank’s M-Pesa paybill number is 247247. Use it with your Equity Bank account number, or your Equitel number, as the account reference.

Can I use my Equitel number instead of my account number?

Yes. Equity Bank confirms that if you can’t remember your account number, you can enter your Equitel mobile number as the account reference for paybill 247247 instead.

Does Equity Bank charge to receive money from M-Pesa?

According to Equity Bank’s own published tariff guide, receiving money from M-Pesa into an Equity account through the mobile money wallet channel is free on the bank’s side, though Safaricom’s standard paybill tariff still applies.

Is there a USSD code for Equity Bank?

Yes. Dial *247# to access Eazzy 247, Equity Bank’s USSD mobile banking menu, from any phone without needing internet access.

Sourced from Equity Bank’s official pages: equitygroupholdings.com/ke (SWIFT Transfer page, Eazzy 247 page, PayPal page, contact details) and Equity Bank’s Products & Services Tariff Guide (Mobile Money Wallet section, revised February 2025).