Safaricom has released MPESA withdrawal charges for the year 2023.Free withdrawals are for amount less than Ksh 50.All those withdrawing Ksh 0 to Ksh 49 are not charged any money.If you withdraw Ksh 500 you are charged Ksh 27.To withdraw Ksh 1000,you are charged Ksh 28.
Below are tables showing withdrawal charges for any money in Kenya:
Ksh 0-Ksh 49(Ksh 0)
Ksh 50-Ksh 100(Ksh 27)
Ksh 101 to Ksh 500(Ksh 28)
Ksh 1001 to Ksh 1500(Ksh 28)
Withdrawing Ksh 2000 =Ksh 28
Withdrawing Ksh 3,000=Ksh 50
Withdrawing Ksh 4,000=Ksh67
Withdrawing Ksh 5,000=Ksh 67
Withdrawing Ksh 6,000=Ksh 84
Withdrawing Ksh 7,000=Ksh 84
Withdrawing Ksh 8,000=Ksh 112
Withdrawing Ksh 9,000 to Ksh10, 000=Ksh 112
- Maximum Account Balance is Kshs.300,000
- Maximum daily transaction value is kshs.300,000
- Maximum amount per transaction is Kshs.150,000
- The minimum amount you can withdraw at an M-PESA Agent is Kshs.50
- To initiate M-PESA person to person self-reversal, send the transaction confirmation to 456
Below is a table showing the amount of money you can withdraw and deposit and the charges for each transaction:
Below are M-PESA Tariffs.
Transaction Range (Kshs) | |||||
Min | Max | Transfer to other M-PESA users | Transfer to unregistered users | Transfer to other M-PESA users, Pochi La Biashara, and Business Till to customer | Withdrawal from M-PESA Agent |
1 | 49 | FREE | N/A | FREE | N/A |
50 | 100 | FREE | N/A | FREE | 10 |
101 | 500 | 6 | 45 | 6 | 27 |
501 | 1,000 | 12 | 49 | 12 | 28 |
1,001 | 1,500 | 22 | 59 | 22 | 28 |
1,501 | 2,500 | 32 | 74 | 32 | 28 |
2,501 | 3,500 | 51 | 112 | 51 | 50 |
3,501 | 5,000 | 55 | 135 | 55 | 67 |
5,001 | 7,500 | 75 | 166 | 75 | 84 |
7,501 | 10,000 | 87 | 205 | 87 | 112 |
10,001 | 15,000 | 97 | 265 | 97 | 162 |
15,001 | 20,000 | 102 | 288 | 102 | 180 |
20,001 | 35,000 | 105 | 309 | 105 | 191 |
35,001 | 50,000 | 105 | N/A | 105 | 270 |
50,001 | 150,000 | 105 | N/A | 105 | 300 |
ATM WITHDRAWAL | ||
Min (Kshs) | Max (Kshs) | M-PESA Charges |
200 | 2,500 | 34 |
2,501 | 5,000 | 67 |
5,001 | 10,000 | 112 |
10,001 | 20,000 | 197 |
Other Transactions | M-PESA Charges |
All deposits | FREE |
M-PESA Registration | FREE |
Buy Airtime through M-PESA | FREE |
M-PESA balance inquiry | FREE |
Change M-PESA PIN | FREE |
B2C Tariff & One Account B2C Tariff | ||||
Bands | Customer | Business | Total | |
1 | 49 | 0 | 0 | 0 |
50 | 100 | 0 | 0 | 0 |
101 | 500 | 0 | 4 | 4 |
501 | 1,000 | 0 | 4 | 4 |
1,001 | 1,500 | 0 | 4 | 4 |
1,501 | 2,500 | 0 | 8 | 8 |
2,501 | 3,500 | 0 | 8 | 8 |
3,501 | 5,000 | 0 | 8 | 8 |
5,001 | 7,500 | 0 | 10 | 10 |
7,501 | 10,000 | 0 | 10 | 10 |
10,001 | 15,000 | 0 | 10 | 10 |
15,001 | 20,000 | 0 | 10 | 10 |
20,001 | 25,000 | 0 | 12 | 12 |
25,001 | 30,000 | 0 | 12 | 12 |
30,001 | 35,000 | 0 | 12 | 12 |
35,001 | 40,000 | 0 | 12 | 12 |
40,001 | 45,000 | 0 | 12 | 12 |
45,001 | 50,000 | 0 | 12 | 12 |
50,001 | 70,000 | 0 | 12 | 12 |
70,001 | 150,000 | 0 | 12 | 12 |