Consolidated Bank Paybill Number 508400

Consolidated bank is one of the banks in Kenya where the government owns a large percentage of the bank. Consolidated bank was created in early 1990s through consolidation of then small banks that had run into financial headwinds.

Consolidated bank paybill number 508400 enables clients to make deposits to the bank accounts directly from their mobile phones.

How To Deposit Money To Consolidated Bank Account Using M-pesa Paybill Number

To make deposits to the bank account, you need to follow these steps;

  1. Go to your phone’s M-Pesa menu.
  2. Select Lipa na M-Pesa
  3. Select Pay Bill
  4. For business number, enter Consolidated Bank PayBill number 508400 and press okay.
  5. For account number, enter the bank account number you intend to send the money to and then press okay.
  6. Enter the amount to deposit
  7. Enter your M-PESA PIN. Verify information and press okay.
  8. You will receive notification of the success of the transaction.

Consolidated Bank USSD code *262#

When you register for mobile banking with Consolidated bank, you will be able to use consolidated bank short code *262# USSD code.

Using this USSD code, you can be able to access the following services from Consolidated bank;

  • Instant registration and activation
  • Airtime purchase
  • Funds transfer
  • Balance enquiry
  • Mini Statement
  • Stop ATM Card
  • Stop cheque payment
  • ATM card request
  • Cheque book request
  • Alerts for all transactions
  • Change your PIN without visiting the branch
  • PesaLink transactions where you can send and receive funds from other banks
  • Transfer funds to Mpesa
  • Transfer funds from MPESA to Bank Account
  • Pay your utility bills with KPLC both postpaid and pre-paid, Nairobi Water, DSTV, GoTV and Zuku

See also:

Conclusion

Use the consolidated bank mobile banking services to access the banking services offered by the bank at your finger tips. Visit any Consolidated bank branch with your original ID to register for mobile banking. Check out more Kenyan banks and their paybill numbers and USSD codes here.