GTB Loan Code is a popular term in Nigeria and has been a subject of interest for many people. The GTB Loan Code is a USSD code that allows you to access loans from Guaranty Trust Bank (GTBank) without visiting the bank. This innovative service has made it easier for customers to access loans and has saved them time and effort.
With the GTB Loan Code, you can access different types of loans, including personal loans, payday loans, and quick credit loans. The process of accessing these loans is straightforward, and you can do it from the comfort of your home or office. You can check your eligibility for a loan, calculate your loan amount, and even apply for a loan using the GTB Loan Code.
Key Takeaways
- The GTB Loan Code is a USSD code that allows you to access loans from GTBank.
- You can access different types of loans, including personal loans, payday loans, and quick credit loans, using the GTB Loan Code.
- The process of accessing loans using the GTB Loan Code is straightforward, and you can do it from the comfort of your home or office.
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Understanding GTB Loan Code
GTBank Loan Code is a USSD code that allows GTBank customers to access loans instantly without collateral. The code is designed to provide quick and convenient access to loans for both salary and non-salary earners. With the GTBank Loan Code, customers can access loans ranging from N1,000 to N5,000,000 at a competitive interest rate.
To access the GTBank Loan Code, customers must have a GTBank account, a registered phone number with the bank, and must have been using the account for at least six months. Customers can access the loan code by dialing *737*51*51# on their registered phone number.
The GTBank Loan Code offers different loan products, including:
- GT Salary Advance
- GTBank School Fees Advance
- Max Advance
- Premium Advance
- Quick Credit
Each loan product has its unique features, interest rates, and repayment terms. Customers can choose the loan product that best suits their needs.
GTBank Loan Code is an excellent option for customers who need quick access to funds without collateral. The process is straightforward, and customers can access the loan code from the comfort of their homes or offices.
Gtbank Personal Loans
GTBank offers a variety of personal loans to its customers. These loans are designed to meet the diverse needs of individuals who require financial assistance. The bank ensures that the loan application process is straightforward and easy to follow. Here are some of the personal loans offered by GTBank:
GT Salary Advance
GT Salary Advance is a personal loan offered by GTBank to salaried individuals. The loan allows customers to access up to 50% of their net monthly salary upfront. The loan has a tenure of 30 days, with the option to renew monthly. No collateral is required to access the loan, and the minimum salary requirement is N25,000 for the public sector and N50,000 for private-sector employees. Customers can apply for the loan using the GTBank quick loan code *737*51*51#.
GTBank School Fees Advance
GTBank School Fees Advance is a loan designed to help parents and guardians pay for their children’s school fees. The loan allows customers to access up to N5 million to pay for their children’s school fees. The loan has a tenure of 4 months, and the interest rate is 1.5% per month. Customers can apply for the loan using the GTBank quick loan code *737*51*51#.
GTBank Max Advance
GTBank Max Advance is a personal loan designed for customers who require a significant amount of money. The loan allows customers to access up to N10 million, and the repayment period is up to 48 months. The interest rate is 1.58% per month, and customers are required to provide collateral to access the loan.
GTBank Premium Advance
GTBank Premium Advance is a personal loan designed for customers who have a salary account with GTBank. The loan allows customers to access up to N5 million, and the repayment period is up to 48 months. The interest rate is 1.58% per month, and customers are required to provide collateral to access the loan.
In conclusion, GTBank offers a variety of personal loans to its customers. These loans are designed to meet the diverse needs of individuals who require financial assistance. Customers can access these loans using the GTBank quick loan code or by visiting any branch of GTBank.
How to Check Gtb Loan Eligibility
Before applying for a loan from Guaranty Trust Bank (GTB), it is important to check your eligibility status. This can be done easily using the GTB mobile app or by dialing the USSD code *737*51*51#
To check your eligibility status using the GTB mobile app, follow these simple steps:
- Log in to your GTB mobile app.
- Click on the “Loans” tab.
- Select “Quick Credit”.
- The app will show you if you are eligible or not.
Alternatively, you can check your eligibility status by dialing the USSD code *737*51*51# and following the instructions provided.
It is important to note that meeting the eligibility criteria does not guarantee that your loan application will be approved. The final decision is made by GTB based on your credit score, loan repayment history, and other factors.
To increase your chances of getting approved for a loan, it is recommended that you maintain a good credit score, have a steady source of income, and have a good repayment history with GTB and other financial institutions.
In summary, checking your eligibility status before applying for a loan from GTB is important to avoid wasting time and effort on an application that may be rejected. Use the GTB mobile app or USSD code to check your eligibility status and take steps to improve your chances of getting approved for a loan.
Qualifying for GTB Quick Credit
GTB Quick Credit is a loan facility designed to provide quick and easy access to funds for salary earners and self-employed individuals. To qualify for the loan, applicants must meet certain criteria.
Salary Earners
For salary earners, the following criteria must be met to be eligible for GTB Quick Credit:
- The applicant must be a salary earner with a GTBank salary account of at least N10,000 net monthly.
- The applicant must have an active account for the past 12 months.
- The applicant must have a good credit report.
If the applicant meets these criteria, they can apply for GTB Quick Credit by dialing *737*51*51# on their mobile phone and following the prompts.
Self-Employed Individuals
For self-employed individuals, the following criteria must be met to be eligible for GTB Quick Credit:
- The applicant must be self-employed with a minimum monthly lodgement of N20,000.
- The applicant must have an active account for the past 12 months.
- The applicant must have a good credit report.
If the applicant meets these criteria, they can apply for GTB Quick Credit by dialing 73751*51# on their mobile phone and following the prompts.
Loan Amount and Repayment
The minimum loan amount for GTB Quick Credit is N5,000 while the maximum loan amount is N5,000,000. The loan can be repaid over a period of 6 to 12 months at an interest rate of 2.0% monthly for salary earners and 1.5% monthly for self-employed individuals.
It is important to note that there are no hidden charges associated with GTB Quick Credit. Applicants should also ensure that they have the means to repay the loan before applying.
Insight into Gtbank Payday Loan
Gtbank Payday Loan is a loan service offered by Guaranty Trust Bank to help individuals access quick funds to cover urgent expenses before their next paycheck arrives. This loan service is designed to help employees who have salary accounts with Gtbank access up to 50% of their net monthly salary upfront.
To apply for Gtbank Payday Loan, customers can simply dial the Gtbank loan code *737*51*51# and follow the prompts. The loan amount will be credited to the customer’s account within minutes of approval.
Gtbank Payday Loan has a tenure of 30 days, with the option to renew monthly. No collateral is required to access this loan, and the minimum salary requirement for public sector employees is N25,000, while private sector employees must earn a minimum of N50,000.
Customers can also access Gtbank Payday Loan through the Gtbank mobile app, internet banking platform, or by visiting any Gtbank branch nationwide.
In summary, Gtbank Payday Loan is a reliable and convenient loan service that helps employees access quick funds to cover urgent expenses before their next paycheck arrives. With no collateral required and a simple application process, Gtbank Payday Loan is a great option for individuals seeking short-term financial assistance.
Gtb Loan Code Calculator
GTBank provides a loan calculator that helps customers calculate the amount they need to repay monthly, the total amount they need to repay, and the total interest they will pay on the loan. This calculator is useful for customers who want to plan their finances and budget their payments.
To use the GTB loan code calculator, customers need to input the amount of the loan, the annual percentage rate of interest, and the repayment period in months. The calculator will then provide the monthly payment, total payment, and total interest payments.
Customers can access the GTB loan code calculator on the GTBank website here. The calculator is easy to use and provides accurate results.
Using the GTB loan code calculator can help customers make informed decisions about their loans. By knowing the total amount they need to repay and the total interest payments, customers can plan their finances and budget their payments accordingly. This can help prevent missed payments and defaulting on the loan.
In conclusion, the GTB loan code calculator is a useful tool for customers who want to plan their finances and budget their loan payments. It is easy to use and provides accurate results. By using the calculator, customers can make informed decisions about their loans and avoid missed payments and defaulting on the loan.
Gtbank Interest Rate on Loan
When it comes to borrowing money from GTBank, one of the most important factors to consider is the interest rate. GTBank offers different types of loans with varying interest rates. The interest rate on a loan can determine how much you will pay back in total and how long it will take you to repay the loan.
GTBank Quick Credit Interest Rate
One of the most popular loan products offered by GTBank is the Quick Credit loan. This loan is designed for salary earners who need quick access to cash. The Quick Credit loan comes with an interest rate of 2% per month. This means that if you borrow N1,000,000, you will pay back N1,020,000 over a period of 12 months.
GTBank Salary Advance Interest Rate
Another loan product offered by GTBank is the Salary Advance loan. This loan is designed for salary earners who need to access a portion of their salary before payday. The Salary Advance loan comes with an interest rate of 1.33% per month. This means that if you borrow N100,000, you will pay back N101,330 on your next payday.
GTBank School Fees Advance Interest Rate
For parents who need to pay their children’s school fees, GTBank offers the School Fees Advance loan. This loan comes with an interest rate of 1.33% per month. This means that if you borrow N500,000 to pay your child’s school fees, you will pay back N516,650 over a period of 6 months.
GTBank Max Advance Interest Rate
GTBank also offers the Max Advance loan for customers who need to borrow a large sum of money. The Max Advance loan comes with an interest rate of 1.75% per month. This means that if you borrow N10,000,000, you will pay back N11,750,000 over a period of 12 months.
In summary, GTBank offers different types of loans with varying interest rates. The interest rate on a loan can determine how much you will pay back in total and how long it will take you to repay the loan. It is important to carefully consider the interest rate before applying for a loan.
Frequently Asked Questions
What is the code for GTBank loan transfer?
The code for GTBank loan transfer is *737*51*51# AmountNUBAN Account Number#. This code is used to transfer loans to other GTBank accounts.
GTBank loan application form: How do I get it?
GTBank loan application form can be obtained from any GTBank branch. You can also download the form from the GTBank website or fill the online loan application form.
What is the interest rate on GTBank savings account?
The interest rate on GTBank savings account is 1.15% per annum.
What is the GTB customer care number?
The GTB customer care number is 0700 4826 66328. You can also reach the customer care via email, social media, or by visiting any GTBank branch.