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How to Deposit Money to I&M Bank via Mpesa

I&M Bank Limited’s Lipa na M-Pesa paybill number is 542542

The Procedure for depositing money via M-Pesa to your I&M Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 542542 as the I&M Bank business no and press “OK”
  4. Enter the I&M account number you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. I&M Bank will then send you a confirmation SMS shortly.