KCB Agents Commissions | How To Become A KCB Mtaani Agent In Kenya

KCB Mtaani Agent Commission

KCB agents in Kenya, how much are they making per transaction?.
All the questions answered on these article.

If you ever wanted to become a registered and approved KCB Mtaani Agent, here is how to register and get approved to become a KCB agent in Kenya.

If you become a KCB Mtaani agent, here is how much money you will be making every time a successful transaction is done through you.

In every deposit or withdrawal done through your KCB Mtaani agency, you will be paid a few shillings.

As a KCB mtaani agent here are a couple of transactions you will be dealing with on a daily basis.

You will be helping KCB clients in;

  • Cash deposits
  • Funds transfer
  • Balance inquiries
  • Mini statement requests
  • Account opening
  • NHIF, NSSF and KRA payments
  • Cash withdrawals
  • School fees payments
  • Rent payments
  • Bill payments

Those are basically the transactions a KCB mtaani agent deal with every day in order to earn a commission.

For you to become a KCB agent, there are certain requirements that you need to meet, so as to be officially approved as a KCB mtaani agent.

The requirements to become a KCB agent includes;

  • Your business should be active in the last 12 months straight.
  • You should have a Business License
  • You should be currently using a KCB bank account.
  • Have a two colored passport size photos
  • Pin certificate
  • Provide Identification document
  • Have a certificate of good conduct

If you meet all the above minimum requirements, you can now apply to become a KCB agent and you should be good to go.
All you need to do now, is to fill out the application form, available in the nearest KCB branch.

Also Read:  How to check your NHIF and NSSF contributions and status (Via SMS)

But how much money will you be making after you have become an agent, you are probably asking yourself this question now, right?.

Here is how much you and other KCB agent will be making.

KCB Mtaani Agent Commission:

KCB Agent Commission On Cash Deposit

Amount: Ksh.100 – 10,000
Transaction Cost: Ksh.0
Agent Commission: Ksh.10

Amount: Ksh.10,001 – 20,000
Transaction Cost: Ksh.0
Agent Commission: Ksh.15

Amount: Ksh.20,001 – 50,000
Transaction Cost: Ksh.0
Agent Commission: Ksh.20

Amount: Ksh.50,001 – 75,000
Transaction Cost: Ksh.0
Agent Commission: Ksh.25

Amount: Ksh.75,001 – 100,000
Transaction Cost: Ksh.0
Agent Commission: Ksh.30

For withdrawals, here is how much commission a KCB mtaani agent makes per transaction (withdrawal).

KCB Agent Commission On Cash Withdrawal

Amount: Ksh.100 – 2,000
Transaction Cost: Ksh.20
Agent Commission: Ksh.10

Amount: Ksh.2,001 – 5,000
Transaction Costs: Ksh.30
Agent Commissions: Ksh.15

Amount: Ksh.2,501 – ​​ 5,000
Transaction Cost: Ksh.32
Agent Commission: Ksh.16

Amount: Ksh.5,001 – 10,000
Transaction Cost: Ksh.53
Agent Commission: Ksh.26.50

Amount: Ksh.10,001 – 20,000
Transaction Cost: Ksh.75
Agent Commission: Ksh.37.50

Amount: Ksh.20,001 – ​​ 35,000
Transaction Cost: Ksh.105
Agent Commission: Ksh.52.50

Amount: Ksh.35,001 – 50,000
Transaction Cost: Ksh.105
Agent Commission: Ksh.52.50

Amount: Ksh.50,001 – 75,00
Transaction Cost: Ksh.185
Agent Commission: Ksh.92.50

Amount: Ksh.75,001 – 100,000
Transaction Cost: Ksh.185
Agent Commission: Ksh.92.50

Those are the updated commission every KCB mtaani agent earns in respect to the transaction done (withdrawal or deposit).

If you have a shop, and it is located in a secured area, if you think the earnings are low, you are allowed to also run the KCB Mtaani agency along with other services in the same industry such as M-Pesa, Co-op Mtaani, Equity bank among others.

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