Fuliza, a revolutionary overdraft service offered by Safaricom in partnership with NCBA bank, has become an essential financial tool for many Kenyans. It allows M-PESA users to complete transactions even with insufficient funds in their accounts. However, maximizing this service’s benefits hinges on understanding how to increase your Fuliza limit.
- RELATED: Who is Buster Murdaugh’s Girlfriend? Meet Brooklynn White
- RELATED: Rowan Atkinson Net Worth: The Riches of Mr. Bean Revealed
- RELATED: Who Is Lenny Hochstein’s Girlfriend? Meet Katharina Mazepa
- RELATED: Who is MrBeast’s Girlfriend? Meet Thea Booysen
Table of Contents
Understanding Fuliza
Fuliza is an innovative service that bridges the gap when your M-PESA balance is low, enabling you to complete transactions seamlessly. It’s crucial, however, to note that any deposit into your M-PESA account will first clear outstanding Fuliza balances.
Strategies to Increase Your Fuliza Limit
- Frequent Transactions: Regularly use Fuliza for various transactions, such as paying bills or purchasing goods. This activity signals to Safaricom your loyalty as a customer, potentially leading to an increased limit.
- Continuous Use of M-PESA and Safaricom Services: Show your engagement with Safaricom by consistently using M-PESA for transactions like buying airtime, and timely repayment of Okoa Jahazi. This broader usage can positively impact your Fuliza limit.
- Timely Repayment: Promptly repaying your Fuliza overdrafts is crucial. Not only does it build trust with Safaricom, but it also prevents inconvenience and potential loss of your limit due to delays.
- Maintain a Good Credit Standing: Avoid getting blacklisted by CRBs. Ensure you manage other loans responsibly, as a negative listing can severely impact your ability to access Fuliza or reduce your limit.
How to Increase Your Fuliza Limit?
Here is how to go about it in a couple of very easy steps:
- Make sure you are a frequent user of MPesa and Fuliza services and you repay your Fuliza loan on time Also, confirm you have no withstanding Fuliza balance
- Next, dial *234# on your MPesa registered line
- Select Fuliza M-PESA
- Select Opt-Out
- Dial *234# again and select Opt-In instead
- If all goes well, your Fuliza limit should increase. This has a fifty-fifty chance of working as Safaricom may simply reset your balance to the default Ksh 300.
What If Your Fuliza Limit is Zero?
A zero Fuliza limit could be due to various reasons, such as a new M-PESA account, a drop in transaction frequency, or CRB blacklisting. If faced with this situation, you can try to opt-out and then opt back into the service, which may prompt a review of your limit.
Checking Your Fuliza Loan Limit
Easily check your limit by dialing *234#, selecting ‘Fuliza M-PESA’, and then ‘Check your limit.’ You’ll receive an SMS indicating your current allowable overdraft.
The Maximum Fuliza Limit
The maximum limit for Fuliza currently stands at Ksh 70,000, subject to your creditworthiness and history with the service. Regular and responsible use of Fuliza and M-PESA services is key to achieving higher limits.
- RELATED: Who Is Niall Horan’s Girlfriend? Meet Amelia Woolley
- RELATED; Who is Shane Gillis’ Girlfriend? His Relationship History Explored
- RELATED: Who Is Austin Reaves’ Girlfriend? Meet Jenna Barber
- RELATED: Who Is Bobby Flay’s Girlfriend? Meet Christina Pérez
Opting Out of Fuliza
Should you decide to opt out of Fuliza, dial *234#, select the Fuliza option, and then ‘Opt-out’. This can be a strategic move if you’re looking to reset your limit or take a break from the service.
Contacting Fuliza for Support
For any queries or support, Safaricom Fuliza customer care is accessible through calls or SMS to 100, 234, or 0722 002 100. NCBA Bank also offers support for Fuliza users at 0711 056 444 or 0732 156 444.
FAQs About How to Increase Your Fuliza Limit?
- How Can I Increase My Fuliza Limit? Increase your Fuliza limit by using the service regularly for transactions, engaging actively with M-PESA services, and ensuring timely repayment of Fuliza overdrafts. Maintaining a good credit history is also crucial.
- What Factors Affect My Fuliza Limit? Your limit is influenced by your M-PESA transaction history, frequency of Fuliza usage, repayment track record, and your overall credit score.
- Can I Boost My Fuliza Limit from Zero? Yes, you can improve a zero limit by re-engaging with M-PESA services and opting out and then back into Fuliza. Also, ensure your M-PESA account is active and clear any outstanding debts with other lenders.
- How Do I Check My Current Fuliza Limit? To check your limit, dial *234# on your Safaricom line, select ‘Fuliza M-PESA’, and then ‘Check your limit’. You’ll receive an SMS with the details.
- What’s the Maximum Fuliza Limit and How Do I Reach It? The maximum limit is Ksh 70,000, achievable by consistent use of M-PESA services, timely Fuliza repayments, and maintaining a good credit score. Regular and responsible use is key to reaching the higher limit.
