What is the USSD code for GTB salary advance? Since its inception in February 1991, Guaranty Trust Bank (GTBank) has grown into a major powerhouse in the financial sector in Nigeria.
Guaranty Trust Bank or GTBank is one of the most prominent banks in Nigeria. The bank is a leading provider of financial services to the public, offering services such as retail banking, investment opportunities, corporate banking and other services to its extensive client base. One of those extra services is the loan and credit facilities it provides to its customers.
Here we look at Guaranty Trust Bank Loans and the GTBank payday loan in particular; and how to request it.
About GTBank Salary Advance
The GTBank Payroll Advance is a type of GTB loan that is based on the payday or cash advance theme provided by the Guaranty Trust bank. The salary advance is the same as a personal loan.
The GTBank Payroll Advance Loan allows you to receive up to 50 percent of your paycheck before the end of the month to meet your financial and transactional needs. The term of the loan is a maximum of 30 days and you can apply every month.
The personal loan, as mentioned earlier, is an unsecured instant loan and therefore does not require any collateral for processing.
How much salary advance can you get from GTBank?
GT Salary Advance allows you to borrow a minimum of N25,000 if you are a civil servant or N50,000 if you work in the private sector. As for the maximum amount, up to 50 percent of your monthly salary is borrowed.
How long does it take to apply for the GTBank salary advance?
The application process only takes 24 hours, after which they pay out the money.
Who is eligible for a salary advance from GTBank?
Anyone who is fully employed and can provide proof of employment and their income statement is eligible for a GT Staff Loan. However, you must primarily be a customer of GT bank to access this loan.
GTBank Salary Advance Requirement and Eligibility
- You must have your payroll account with Guaranty Trust Bank (GTBank)
- The minimum monthly salary for a public sector (government) employee should be 25,000 Naira.
- The minimum monthly salary for a private-sector worker should be 50,000 Naira. to be
- The maximum amount you can borrow may not exceed your salary in addition to 50% of your salary. For example, if you earn 100,000 Naira monthly, you can borrow up to 150,000 Naira
- The maximum payback period is one year (365 days).
- The reserved interest rate charged to the Borrower’s account will from time to time be the main borrowing rate of the Bank.
- Interest is charged on all amounts owed by the borrower
The salary advance gives you up to 50% of your monthly salary as an advance to meet your urgent financial needs. The processes below will guide you to advance up to 50% of your monthly salary into a GT bank account using USSD code
How To Apply Using USSD Code for GTB Salary Advance
You can apply for the loan by logging into GT Bank’s internet banking platform or by calling *737*8*2#. You can also go to one of the bank’s branches.
GTBank Payday Loan Code for Non-Salary Earners
A non-salaried loan is also available from the bank under the QuickCredit loan. The shortcode for QuickCredit is *737*51*51#
As a non-salary earner, you can apply for the QuickCredit as long as you earn a minimum of N10,000 monthly.
GTB Loan Balance Code
Dial *737#, then press 10 to go to the next page, then press 4 for Loan Balance and follow the other instructions available to you.
How To Pay Back GTB Salary Advance Loan?
How can you repay the GTB advance salary loan? It’s very simple, you just have to dial * 737 * 51 * 55 # from your mobile phone and follow the on-screen instructions, it’s very simple.
With the GTBank Salary Advance Loan, you can receive up to 50 percent of your salary until the end of the month to cover your financial and transactional needs. The loan term is up to 30 days and can be applied for every month.
Conclusion – USSD Code For Gtb Salary Advance
Finally, there are certain considerations before applying for a loan from a bank.
However, if you are ever in financial trouble and need help, as a customer of Guaranty Trust Bank, you can get much-needed financial help through the USSD Code For GTB Salary Advance or GTBank payday loan platform. You can check out our posts on other commercial bank loans such as the Access Bank loan.
Hope with this you learned how to get salary advance from GT Bank using USSD with any phone, internet banking or by visiting any of the branches.