Equity Boostika: USSD Code + Guide

Equity Boostika: USSD Code + Guide

Equity Bank Kenya has carved a niche for itself in the Kenyan financial landscape, consistently innovating to meet the needs of its diverse clientele. One such innovation is Equity Boostika, a revolutionary mobile money overdraft facility that has become a lifeline for many Kenyans. In this blog post, we’ll delve deep into Equity Boostika, exploring its features, benefits, limitations, and how it impacts the lives of Kenyans.

What is Equity Boostika?

Equity Boostika is a pre-approved loan facility integrated into Equity’s mobile banking platforms: *247#, Equitel, and the Equity Mobile App. It allows customers to complete transactions like sending money, buying airtime, or paying bills even when they have insufficient funds in their accounts. The loan amount ranges from Kshs. 100 to Kshs. 100,000, with the limit determined by various factors like your banking history and creditworthiness.

How Does Equity Boostika Work?

Using Boostika is straightforward. When you initiate a transaction on your phone and your account balance falls short, you’ll receive a prompt offering a Boostika top-up to cover the deficit. You can then choose to accept the top-up and complete the transaction or decline. If you accept, the borrowed amount is instantly credited to your account, and you receive an SMS notification confirming the transaction.

How to get Equity Boostika

To get Equity Boostika, follow these steps:

  1. Ensure you have an active Equity Bank Account and an available loan limit.
  2. Use the Pay with Equity (PWE) payment service by Equity Bank, which enables customers to pay for goods and services.
  3. When making a transaction, you’ll receive a top-up prompt that shows your limit and the amount needed to complete the transaction.
  4. Accept the top-up prompt and the associated terms and conditions to authorize the payment.
  5. You can top up any amount between Ksh. 100 to Ksh. 100,000 based on your limit.
  6. Repay the transaction within 30 days

Boostika is available through USSD code *247#, Equitel, and the Equity Mobile App. The service allows customers to complete transactions such as payments, money transfers, and airtime purchases when they have insufficient funds in their accounts.

Benefits of Equity Boostika

Equity Boostika offers several advantages for Kenyan users:

  • Convenience: Boostika eliminates the need to carry cash or have a topped-up mobile wallet for everyday transactions. It’s readily available on your phone, accessible anytime, anywhere.
  • Flexibility: The loan amounts cater to various needs, from small top-ups for airtime to larger sums for urgent bill payments.
  • Affordability: Interest rates on Boostika are competitive compared to other short-term loan options. Additionally, you only pay interest on the amount used, not the entire limit.
  • Financial Inclusion: Boostika empowers financially unbanked or underbanked individuals by providing access to credit and fostering financial inclusion.

Limitations of Equity Boostika

While Boostika is a valuable tool, it’s crucial to understand its limitations:

  • Debt Burden: Overreliance on Boostika can lead to a cycle of debt if not used responsibly. Always prioritize repaying your Boostika loans promptly to avoid accumulating interest charges.
  • Temptation to Overspend: Easy access to credit can lead to impulsive spending. Practice conscious financial management and only use Boostika for essential needs.
  • Potential for Fraud: Be cautious of phishing scams and unauthorized access to your mobile banking platforms. Protect your PIN and never share it with anyone.

Impact of Equity Boostika on Kenyans

Equity Boostika has had a significant impact on Kenyans’ lives:

  • Enhanced Financial Security: Boostika provides a safety net for unexpected expenses, preventing financial distress and promoting peace of mind.
  • Improved Business Operations: Small businesses and entrepreneurs can leverage Boostika for urgent business needs, ensuring smooth operations and growth.
  • Promoted Digital Transactions: Boostika encourages cashless transactions, driving financial inclusion and contributing to Kenya’s digital economy.


Equity Boostika is a game-changer in Kenya’s mobile banking landscape. It empowers Kenyans with convenient access to credit, promoting financial security and inclusion. However, responsible usage is key to avoid falling into debt traps. By using Boostika wisely, Kenyans can unlock its full potential and navigate their financial journeys with greater confidence.

Additional Tips for Using Equity Boostika Effectively:

  • Understand your loan limit and interest rates.
  • Only use Boostika for essential needs.
  • Repay your Boostika loans promptly to avoid accumulating interest.
  • Monitor your transactions and spending habits.
  • Seek financial advice if needed.

We encourage you to explore Equity Boostika and see how it can benefit your financial well-being. Remember, financial literacy and responsible credit usage are crucial for making the most of this innovative tool.

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By Guides.co.ke

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