Short code to borrow loan in Nigeria

Looking out for short code to borrow loan in Nigeria, To get a loan, you usually have to have a bank account, go to the bank, talk to your account officer or the bank’s loan officer, fill out a loan application, and then hopefully wait for your loan to be approved. That’s a lot of trouble, especially since you can easily send a USSD code to your favorite loan platform to get loan information.

Now that there are so many codes, it may be easier to get loans in just a few minutes. But we strongly suggest that you don’t rush into taking out a loan without first comparing loan offers from different lenders.

In this article, we give short code to borrow loan in Nigeria and we also explain what the USSD platform is and how you can use it to get a quick loan in Nigeria.

Short code to borrow loan

What is USSD?

Unstructured Supplemental Service Data is what USSD stands for. It can also be called “quick code.”

As the name suggests, they are codes that let you use your mobile phone network provider’s options. USSD can be used for a lot of different things, like a callback service, mobile money, content, information, or to configure a network. In this case, we’ll talk about how USSD is used in banking.

What is USSD Banking?

USSD Banking is a type of banking that lets you do financial transactions from your phone by using short codes. It only needs a cellular network; it doesn’t need to be connected to the internet. You could do almost any kind of financial transaction with USSD banking, from transferring money to buying airtime. Even better, you can get loans with USSD codes.

How to Apply for Loans Using USSD Codes

The steps to get a loan through USSD are easy to follow. You only have to:

  • Know who you’re getting the loan from.
  • Find out the USSD code that works
  • Meet all the requirements set out.
  • Call the number
  • Follow the directions.
  • Get your loan

USSD Code for Loans in Nigeria

To get a loan through USSD, you just need to type the code into your phone and follow the on-screen instructions. Some Nigerian USSD Codes for loans are:

Short code to borrow loan in Nigeria


Platform USSD Code for Loans
AB Microfinance Bank *389*755#
Access Bank Payday Loan *901*11#
Accion Microfinance Bank *572*6#
Airtel Quick Cash *561#
ALAT Loan By Wema Bank *945*100
Aledin Nano *903#
Carbon Loan *1303#
Ecobank Xpress *326#
Etisalat *561#
Fairmoney Loan *322*2#
FCMB *329#
First Bank First Advance *894*11# or *894#
Glo Cash *322*1*04225701*Amount#
GTBank Soft Loan (QuickCredit) *737*51*51#
Interswitch *322#
Kwikcash *561#
Migo Loan *561#
MTN Cash *606*4#
Trader Moni *540#
Paga *242#
Payattitude *569#
Paylater USSD Code *1303#
Quickteller Loan (Airtel, MTN & 9mobile) *322#
Quickteller – Glo Users *805#
UBA Loan Code *919#
Unity Bank Loan Code *7799#
Zenith Bank Loan *966#

Requirements for Getting Loans Using a USSD Code

As simple as USSD loans are, the requirements are the same. Most banks require that you have an account with them before you can get a loan through USSD.

But you don’t need an account with other places that give out instant loans. You would also have to give your full name, bank verification number, account information, address, and any other information the loan provider asks for. Visit the loanspot Africa platform today to get a more complete recommendation comparison for the right loan to take in just minutes.

Frequently Asked Questions

The questions that people most often ask about USSD codes for loans in Nigeria are:

What is the code to borrow money online?

There is no one way to borrow money online that works for everyone. This is because loans are from different lenders and each lender has its unique code. So, all you have to do is find the code for your lender and use it. But lenders like loanspotafrica don’t use codes at all. All you have to do to get a loan from them is go to their website.

What will happen if I wasn’t able to pay back at the right time?

Depending on your agreement, you might have to pay a fine if you can’t pay back on time. Most of the time, the penalties are written into the terms and conditions of the loan and are put into effect when there is a default. Most lenders either raise the amount of interest or sell off the collateral.


Using USSD codes to get loans is great when you need cash quickly or want to avoid the hard work of getting a loan in person. They don’t ask for much, and if you meet all the requirements, you should get your loan in minutes if you qualify.