GTB loan code is offered by Guaranty Trust Bank. GTBank is a multinational financial institution that provides various market-leading financial products and services to individuals and businesses in Africa and overseas.
The bank currently has total assets and shareholders’ fund of N4.057trillion and N661.1billion respectively.The GTB loan code has made it easier for people to access loans from their mobile devices.
In this post we will cover what a loan is and how to secure loans using the GTB loan code.
What is a Loan?
A loan is an agreement between a lender and borrower where the lender provides the borrower a specific amount of money for a specified period of time. In cases where loan exists, the borrower is expected to repay the loan at the agreed date. Most times the loan is accompanied with interests and fees.
Though loans can be offered by individuals and not just financial institutions, today’s post focuses on the GTBank loan offer and how you can apply for the loan using the correct code.
How to Get Loan With GTB Loan Code
Using the GTBank loan code, users can access quick credit, salary advance, and GTB MaxAdvance.
The codes are applied differently as shown below;
Quick Credit:
To get the Quick Credit loan, dial *737*51#
Salary Advance
To get the salary advance, dial *737*8*2#
GTB MaxAdvance
To get the GTB MaxAdvance, dial *737*6*1#
How to Apply for GTB Loan Using GTBank Code
To apply for the GTB loan, there are six steps to follow:
- Dial the desired loan code on your registered phone line.
- Select the loan option you want.
- Enter the desired loan amount.
- Input your 4-digit GTBank USSD PIN
- Review the loan terms and confirm
- Wait for the loan to be disbursed into your account
Requirements for GTBank Loan Application
In order to be considered eligible for the loan offered by GTBank, you must have these:
- Active GTBank account
- Good credit history
- Consistent income (for salary advance loan)
- Must be between the ages of 18 and 59 years.
- GTBank Loan Features
- Flexible repayment terms
- Competitive interest rates
- Instant disbursement
- No collateral required
Repayment Plan
- Automated deductions from account Repayment tenure of 3-12 months
- Ensure sufficient account balance for repayment
In case of any difficulty, the GTBank customer support should be contacted for assistance. The loans provided by GTBank through the loan code gives access to quick funds, it is advised to carefully review the terms and conditions before applying.
