KCB Mtaani is Kenya Commercial Bank’s company’s plan where it uses agents to deposit and withdraw cash instead of setting up branches or ATMs.
The business model is very convenient as it does not require setting up a shop, you can just fuse it with your existing business.
The Bank has a wide network of over 12,000 KCB Mtaani Agents where users can deposit cash into any KCB Account or withdraw from the KCB account easily and conveniently.
You can also make:
- Cash deposits
- School fees payments
- Rent payments
- Bill payments
- Funds transfer
- Balance inquiries
- Mini statement requests
- Account opening
- NHIF, NSSF and KRA payments
How to become a KCB Mtaani Agent
If you want to be a KCB Mtaani Agent, here are the requirements:
- Have a bank account with KCB
- Two coloured passport size photos
- Pin certificate
- Identification document
- A valid certificate of good conduct
- Business license
- Existing business must have operated for a minimum of 12 months
- Fill application forms from the nearest KCB branch
KCB Mtaani Agent Commission
Service | Limit | Tariff | Agent Commission |
Cash Deposit | 100 – 10,000 | 0 | 10 |
10,001 – 20,000 | 0 | 15 | |
20,001 – 50,000 | 0 | 20 | |
50,001 – 75,000 | 0 | 25 | |
75,001 – 100,000 | 0 | 30 | |
Cash Withdraw | 100 – 2,000 | 20 | 10 |
2,001 – 5,000 | 30 | 15 | |
2,501 – 5,000 | 32 | 16 | |
5,001 – 10,000 | 53 | 26.50 | |
10,001 – 20,000 | 75 | 37.50 | |
20,001 – 35,000 | 105 | 52.50 | |
35,001 – 50,000 | 105 | 52.50 | |
50,001 – 75,000 | 185 | 92.50 | |
75,001 – 100,000 | 185 | 92.50 |
