In today’s fast-paced world, financial emergencies can arise at any moment. Thankfully, Guaranty Trust Bank (GTBank) provides a quick loan service to help individuals meet their immediate financial needs.
In this article, we will explore the GTBank quick loan code, the requirements for obtaining the loan.
GTBank Quick Loan Code
GTBank has simplified the loan application process with a USSD code, *737*51*51#. By dialing this code on your registered mobile number with the bank, you can access the quick loan platform instantly.
This eliminates the need for lengthy paperwork, making the loan application process faster and more convenient.
Requirements for Obtaining the Loan
To be eligible for the GTBank quick loan, you must meet the following requirements:
• Active GTBank Account
You must have an active bank account with GTBank. If you do not have one, you can visit any GTBank branch to open an account.
• Regular Salary or Income
To demonstrate your ability to repay the loan, you are required to have a regular salary or a consistent source of income.
• Good Credit History
GTBank considers your credit history while evaluating your loan application. Maintaining a good credit score enhances your chances of obtaining the loan.
• BVN (Bank Verification Number)
The Bank Verification Number is a unique identification number issued by the Central Bank of Nigeria. You need to have a valid BVN to apply for the quick loan.
• Mobile Phone
A registered mobile number linked to your GTBank account is essential to access the quick loan platform via the USSD code.
What is the maximum loan amount I can apply for using the GTBank quick loan code?
The maximum loan amount you can apply for depends on your salary or income level, as well as your credit history. GTBank offers loan amounts ranging from ₦10,000 to ₦5,000,000.
How long does it take to receive the loan after application?
Once your loan application is approved, the funds are disbursed directly into your GTBank account within a few minutes.
Can I repay the loan before the due date?
Yes, you have the flexibility to repay the loan before the due date. Simply make a transfer to your loan account number, which will be provided to you upon loan approval.
What if I miss the loan repayment deadline?
Missing the loan repayment deadline may attract penalties and affect your credit score. It is crucial to repay the loan on time to avoid such consequences.