How To Register Mpesa Paybill Number

Larn how to register and invest with Mali by Safaricom past paying via Mpesa Paybill or SSD Code. Go also to know of interest rates on investment income and terms.

What is Mali?

Mali is a Safaricom investment tool that allows M-PESA customers to invest in Unit Trusts and earn ten% interest yearly. You can invest from every bit low equally Ksh. 100 using your mobile phone. Investors will also be able to withdraw coin to mpesa anytime.

Investing in Mali by Safaricom (Guide on How to register and Mpesa Paybill Number) — Investing in Republic of mali past Safaricom (Guide on How to annals and Mpesa Paybill Number)/Photo Source

Mali Investment Interest Charge per unit

Mali Investment interest rate is ten% per annum. Y'all volition even so be taxed by the government fifteen% withholding taxation on investment income.

How to Register and Invest with Republic of mali

To register with Mali investment follow the procedure beneath:

Punch *230# using safaricom
Select 1 to Take the terms and conditions
Click Transport
Yous will receive an sms notification from Republic of mali

NOTE: We will update Mali Lipa Na Mpesa Paybil number and more than information well-nigh terms and conditions and procedure in one case Mali goes live.

Requirements of using Republic of mali Invest

To invest with Republic of mali you must meet the following requirement:

Your Safaricom phone number must have been active and registered with mpesa for atleast iii months
You must not have replaced your sim in the past iii days

Is Mali Investment product by Safaricom worth information technology?

Before yous invest your money with Republic of mali, you should enquire yourself these questions; For how long am I willing to invest? for what purpose? and how much?

If you are investing to purchase a auto, wedding or purchase a house and so saving is the best options. Investments are platonic for long-term goals like retirement benefit, children's schools fees in x year to come eastward.t.c Brusque term investments in Unit of measurement trusts are not worth information technology at all.

Of import! Investing in Unit Trusts with Mali is different from investing in Stocks. Unit Trusts have depression risks and low returns. The minimum price of investment is also low.

Other than Mali by Safaricom, other companies in Kenya that offer Unit of measurement Trust investment opportunities include Britam Unit trust, Disinterestedness Bank, Onetime Mutual, CIC and Cytonn investment

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