how to get quick loan from gtbank

Looking out for how to get quick loan from gtbank, Before platforms like GTBank’s Quick loan and others where you can get an instant online loan in Nigeria today, it was never easy to get a loan.

In the past, the idea of going to a commercial bank for a loan seemed like a lot of work. From sending in a lot of paperwork to convincing someone to be a guarantor and risking having your request turned down. Thank goodness for technology, which has made all of these complicated tasks easier and more fun by making them less complicated.

how to get quick loan from gtbank

What is Quick Loan?

GTBank’s Quick Loan is a way for both salary and non-salary account holders to get payday loans. It’s a GTB loan, and the least you can borrow is N10,000. The most you can borrow is N500,000 if you don’t get a salary, and 5 million if you do.

How To Get A Quick loan From GTBank?

gtb loan code

  • Use Internet banking platform
  • Use the USSD code *737*51*51# to get to the GTBank Mobile app

(Check out other USSD code for loans in Nigeria)

How can I be eligible for Quick loan?

To be eligible for this loan, you must already be a GTBank customer and make at least N20,000 net each month. Also, you must have a good credit score and no bills that are past due.

Why Should I Pick GT Quick loan Over Other Loan Products?

When compared to other types of loans, Quick loan has one of the lowest interest rates. With a monthly interest rate of 1.33% and a maximum loan term of 12 months, it’s easy to see why so many people like it. But if you don’t pay when you’re supposed to, 1% interest is added to your debt. You can use this platform to compare loans from different lenders in just a few minutes to find the one that fits your needs best and makes the most sense.

Quick loan For Non Salary Earners

GTBank has made a loan product for small businesses that is the same as the one for salaried and non-salaried people. Quick loans For Small Business gives SMEs easy-to-get loans so that they can run their day-to-day business smoothly. This loan is for small and medium-sized businesses in the Education and Healthcare industries.

Get a loan of up to N100,000 at the best and most affordable rates in Nigeria.

With our loan simulator, you can now compare the interest rates of different lenders and find the best deal. Before deciding on a loan, you should look at what different lenders have to offer and compare them. With our simulator, you can compare loan offers from different lenders in less than 5 minutes and see them all at once, so you can make the right choice about how to pay for your loan. Try it out now

Quick credit for small businesses and people who don’t get a salary
It’s a lot like the regular Quick credit product, but it has one thing that makes it different.

Customers who have already been approved can get the loan.

Loan terms for customers are for 6 months. However, schools get 12 months.
It has different rates for the two industries it focuses on, which are education (1.33% per month) and healthcare (1.75% per month).
50% of their average annual sales are open to customers.
A business account can also be opened by a customer. Before applying for a Quick Credit facility, they should have used this account for at least a year.
The least you can borrow is N250,000.00 and the most you can borrow is N5,000,000.00.

Customers also get their money right away, just like with the regular Quick credit product. Its flexible payment plans are another great thing about it. One can pay interest every month and principal every three months. Note that the option to pay every three months is only available to businesses in the Education industry. Note that you can’t apply if you already have a loan with another commercial bank.

Conclusion

When compared to other loan products like Migo loan, GTBank’s Quick loan is easy to use and has some of the best interest rates. As soon as you become eligible for Quick credit, you will get a message and can start taking low-interest offers. As your credit score goes up over time, so do the offers. You could try it out. Best of luck!

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