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
Go to M-Pesa menu on your phone, select “Lipa na M-Pesa”
Select “Enter business no.” and enter the 542542 as the I&M Bank business no and press “OK”
Enter the I&M account number you are transferring money to and press “OK”
Enter amount i.e. amount you want to deposit and press “OK”
Enter your M-PESA PIN and press “OK”
Confirm all the details are correct and press “OK”
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
You will receive a confirmation SMS from M-Pesa immediately.
I&M Bank will then send you a confirmation SMS shortly.