DTB Weza
Access instant 30-day loans on - the - go courtesy of DTB Weza.
Account Overview
Access instant 30-day loans on - the - go courtesy of DTB Weza.
What You Need to Open an Account
The requirements are as follows:
An active DTB account for at least 6 months
Active DTB mobile banking profile
Good credit reference bureau rating
Account Features
Access a comprehensive suite of banking services and tools:
Instant loan disbursement to your DTB account
Accessible via DTB m24/7 mobile app or USSD (*382#)
30-day loan term
7% loan processing fee upon disbursement
Interest rate as per DTB tariff guide
Currency – KES
Loan minimum amount of Kes. 500 and maximum amount of Kes. 300,000
Rollover Fees 7% of outstanding debt, roll over is automatic for a similar tenure as the initial loan
Repayment
Automated System recovery of the full outstanding amount from the customer’s nominated DTB CASA account at anniversary due date
Customer initiated partial/full payments from the digital loan channels or from Inward
FAQs
If you enter your credentials incorrectly multiple times, you will get locked.
- You need to be a DTB customer.
- You are registered on mobile banking.
- Actively transacting for more than 6 months.
- You also need to have a good CRB rating.
- Quick access to an unsecured loan.
- Loan term of 30 days.
- Loan is credited to your selected nominated DTB account.
M247 app:
- Login to the app - Click on the Weza icon.
- Select preferred nominated account.
- Accept the terms and conditions.
- Authenticate the same by entering your PIN – you will be redirected to the main app screen.
- Click on Weza icon – your eligible limit will be displayed on screen for you to start borrowing.
USSD code:
- Dial *382# - select option 8 Weza.
- Select opt-in then select preferred nominated account.
- Accept the terms and conditions - Authenticate the same by entering your PIN.
- Dial *382# - select option 8 Weza – Select Loan request (your eligible limit will be displayed on screen for you to start borrowing).
- Ensure you have a good rating at CRB
- Transact more using your DTB account.
- Maintain positive balance in your account.
- Increase activity in your DTB account.
- Increase savings in your account.
- Interest is at the prevailing interest rate on loans which is currently at 13% p.a (1.08% pm).
- Loan processing fees at 7% of the loan amount requested.
- Excise duty of 20% of the loan processing fees.
- All charges are collected upon disbursement of the loan.
Documents & Forms
Download the necessary documents to apply for this account:
