Access Bank Quick Loan
In today’s fast-paced world, access to quick and convenient financial services is paramount. Access Bank, one of Nigeria’s leading banks, understands the need for swift access to funds during urgent times.
With Access Bank’s Quick Loan service, you can get access to the funds you need without any hassle.
In this article, we will explore the Access Bank Quick Loan code, the requirements for obtaining the loan.
Access Bank Quick Loan Code
To access the Quick Loan service from Access Bank, simply dial *901*11# on your mobile device. This code allows you to initiate your loan request and start the loan application process.
Once you dial the code, you will be prompted to provide the necessary information to complete your loan application.
Requirements for Obtaining the Loan
• Account with Access Bank:
To qualify for the Quick Loan, you must have an active account with Access Bank. If you don’t have an account, you can visit any Access Bank branch to open one.
• USSD Code Activation:
Ensure that you have activated the Access Bank USSD code on your registered mobile number. This will enable you to initiate the loan request using the Quick Loan code mentioned earlier.
• Adequate Credit History:
Access Bank considers your credit history before approving your loan application. Maintaining a good credit history with the bank increases your chances of obtaining the loan. If you have a poor credit history, it is advisable to improve it before applying.
• KYC Documentation:
As with any loan application, you will need to provide Know Your Customer (KYC) documentation, which typically includes a valid ID card, proof of address, and passport-sized photographs. These documents help verify your identity and ensure compliance with regulatory requirements.
FAQs
How much can I borrow using the Access Bank Quick Loan service?
The loan amount you can borrow depends on various factors, including your credit history, income level, and relationship with the bank. Access Bank provides loans ranging from ₦1,000 to ₦5 million.
What is the interest rate for the Quick Loan?
The interest rate for the Quick Loan service is competitive and varies based on several factors. It is advisable to contact Access Bank or visit their website for the most up-to-date information regarding interest rates.
How long is the repayment period for the Quick Loan?
The repayment period for the Quick Loan ranges from 3 to 12 months, depending on the loan amount and the terms agreed upon. It is important to review the loan agreement carefully and understand the repayment terms before accepting the loan.
Can I apply for the Quick Loan if I am not an Access Bank customer?
No, the Quick Loan service is exclusively available to Access Bank customers. If you don’t have an account with Access Bank, you will need to open one before you can apply for the Quick Loan.
