If like me, you are looking for USSD code for loans in Nigeria 2021 then I would say we have one thing in common as we have the list of all loan codes from loan companies, banks, telecommunications companies and more.

To get a loan you usually have to have an account with a bank, go to the bank, see your account manager or the bank loan officer, submit and fill out a loan application and hopefully wait for your loan to be approved. That’s a lot of stress, especially now that you can easily send a USSD code to get loan information from your preferred lending platform.

With these many codes now, it may be easier to get your loan back within minutes. However, we strongly advise you not to make hasty lending decisions without comparing loan offers from different lenders before taking out a loan facility

In this article, we will discuss what the USSD platform is and how it can be used to access a quick loan in Nigeria.

What is USSD?

USSD is an acronym that stands for Unstructured Supplementary Service Data. It is also known as a quick code.

As the name suggests, these are codes that you can use to access options from your carrier. USSD can be used for several things – callback service, mobile money, content and information, or to provide network configuration services. In this case, we consider how to use USSD in banking.

What is USSD banking?

USSD banking is a type of banking business that allows you to conduct financial transactions from your phone using short or quick codes. It only requires a cellular network; no internet connection is required. You can make almost any type of financial transaction via USSD-Banking; from transfers to buying airtime. More importantly, you can use USSD codes to get loans.

How To Apply For Loans Using USSD Code For Loans In Nigeria 2021

The steps to apply for a loan through USSD are simple. All you have to do is:

  • Know which loan provider you are borrowing from.
  • Get the functional USSD code for loans in Nigeria 2021
  • Meet all specified requirements
  • Choose the code
  • Follow the prompt
  • Get your loan

Now you can use our loan simulator to compare the interest rates of different lenders and get the best deal. To make an informed loan decision, different loan offers must be compared before approval. With our simulator, you can see at a glance which loan offers are coming in from different lenders in less than 5 minutes, so that you can make the right decision regarding your financing. Try it out today

USSD Code For Loans In Nigeria 2021

To apply for a loan through USSD, all you need to do is enter the code on your phone and follow the instructions that appear. Some USSD codes for loans in Nigeria are: 

PlatformUSSD 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 (QuickLoan)*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 obtaining loan with a USSD code

As simple as the USSD loans are, so are the requirements. Of course, most banks require you to have an account to access their USSD loans.

However, you do not need an account with other instant loan providers. You will also need to provide your full name, bank verification number, bank account details and address, and any other information provided by the loan provider.

Conclusion – USSD Code For Loans In Nigeria 2021

Using USSD code for loans in Nigeria 2021 is perfect when you need quick cash or you want to avoid the hassle of physical means of obtaining a loan. They require very little and you should get your loan if you meet all of the stated requirements in minutes.