Lotus Bank USSD Code: Everything You Need to Know

In today’s fast-paced world, financial transactions need to be quick and efficient. This is where the Lotus Bank USSD Code comes into play. Lotus Bank is a leading commercial bank in Nigeria that offers a range of financial services to its customers. With the *5045# USSD code, customers can perform various transactions without the need for an internet connection. In this article, we will cover everything you need to know about Lotus Bank USSD Code, including how to activate it, transfer money, contact customer care, and more.

Overview of Lotus Bank

Lotus Bank is a private financial institution founded in 2007. The bank is a Nigerian interest-free bank observed by ethical banks and investments. A bank without interest is a bank that operates at zero interest.

Lotus Bank specializes in commercial/commercial loans, professional customer service, mortgages, as well as full-service banking services. Before 2015, Lotus Bank was a full-service bank providing banking services to help individuals their financial goals. However, it became a subsidiary of Level One Bank in 2015. Level One Bank is a full-service consumer and commercial bank focused on strengthening communities and building quality relationships with customers.

What is the code of Lotus CBN Bank?

The USSD code for Lotus Bank is *5045#. This code is used to access various banking services offered by the bank, such as checking account balances, transferring funds, paying bills, and many more.

Lotus Bank Code

As mentioned earlier, the code for Lotus Bank is *5045#. This code is used to access a wide range of banking services offered by the bank.

What is the code to transfer money from Lotus Bank?

To transfer money from your Lotus Bank account using the USSD code, you need to follow these steps:

• Dial *5045# on your mobile phone.
• Select “Transfer” from the menu options.
• Select the destination bank.
• Enter the recipient’s account number.
• Enter the amount you want to transfer.
• Confirm the transaction by entering your PIN.

It’s important to note that you must have sufficient funds in your account to complete the transaction. Also, there may be transfer limits set by the bank, so you may not be able to transfer large sums of money using the USSD code.

How do I activate USSD?

To activate the Lotus Bank USSD code on your mobile phone, you need to follow these steps:

• Ensure that your mobile phone is linked to your bank account and that your phone number is registered with the bank.
• Dial *5045# on your mobile phone.
• Select “Register” from the menu options.
• Follow the prompts to complete the registration process.

Once you’ve completed the registration process, you’ll be able to access a wide range of banking services using the USSD code.

How to Transfer Money from Lotus Bank using USSD Code

To transfer money from your Lotus Bank account using the USSD code, follow these steps:

• Step 1: Dial *5045# on your mobile phone.
• Step 2: Select “Transfer” from the menu options.
• Step 3: Enter the recipient’s account number.
• Step 4: Enter the amount you want to transfer.
• Step 5: Enter your PIN to authorize the transaction.

You will receive a confirmation message once the transaction is complete.

Lotus Bank App

In addition to the Lotus Bank USSD Code, Lotus Bank also has a mobile banking app that allows customers to access banking services on the go. The app is available for download on the Google Play Store and Apple App Store.

Lotus Bank has a mobile app that provides customers with a convenient and secure way to access banking services on the go. The app is available for download on both the Google Play Store and the Apple App Store. Here are some of the features of the Lotus Bank app:

1. Account Management: The app allows customers to manage their accounts on the go, including checking their account balances, viewing transaction history, and transferring funds between accounts.
2. Bill Payments: The app allows customers to pay bills, such as electricity bills, cable TV bills, and internet bills, from their mobile devices.
3. Fund Transfers: The app allows customers to transfer funds to other banks in Nigeria, as well as make international money transfers.
4. Airtime and Data Purchase: The app allows customers to purchase airtime and data for themselves and their loved ones, directly from their mobile devices.
5. Card Management: The app allows customers to manage their debit cards, including activating and deactivating their cards, setting spending limits, and blocking cards if lost or stolen.
6. ATM and Branch Locator: The app provides customers with the locations of the bank’s ATMs and branches across Nigeria.
7. Security Features: The app is equipped with various security features, including biometric login, one-time passwords, and transaction alerts, to ensure that customers’ transactions are secure and protected.

The Lotus Bank app provides customers with a convenient and secure way to carry out banking transactions on the go, without the need to visit a physical bank branch. The app is easy to use and provides a seamless banking experience.

Lotus Bank Website

Lotus Bank has a website that provides information about the bank’s products and services. The website address is www.lotusbank.com.

Lotus Bank has a website that serves as a digital platform for customers to access information about the bank’s products and services, as well as carry out banking transactions. The website is user-friendly and easy to navigate, providing customers with a seamless banking experience. Here are some of the features of the Lotus Bank website:

1. Homepage: The homepage of the website provides an overview of the bank’s products and services, as well as the latest news and updates. Customers can access the login portal and other important links from the homepage.
2. Products and Services: The website provides detailed information about the bank’s various products and services, including savings accounts, current accounts, loans, and electronic banking services. Customers can also access information about the bank’s fees.
3. Electronic Banking: The website provides information about the bank’s electronic banking services, including Internet banking, mobile banking, and USSD banking. Customers can also download the bank’s mobile app from the website.
4. Branch Locator: The website provides a comprehensive list of all the bank’s branch locations across Nigeria, including their addresses and phone numbers.
5. Customer Care: The website provides information about the bank’s customer care services, including their phone numbers and email addresses. Customers can also chat with the bank’s customer care team through the website’s live chat feature.
6. About Us: The website provides information about the bank’s history, vision, and mission. Customers can also access the bank’s annual reports and corporate governance documents from the website.

The Lotus Bank website is a comprehensive digital platform that provides customers with access to important banking information and services. Customers can access the website from any device with an Internet connection, making banking more convenient and accessible.

Lotus Bank Customer Care Number

If you have any queries or issues regarding your Lotus Bank account or transactions, you can contact the bank’s customer care team. The customer care number for Lotus Bank is 0700 56887 2265 (0700 LOTUS BANK). You can also send an email to support@lotusbank.com or visit any of their branches for assistance.

Lotus Bank WhatsApp Number

Lotus Bank also offers WhatsApp banking services to its customers. To access this service, you need to add the bank’s WhatsApp number, which is 0700 56887 2265, 0700 0100 0000, to your phone’s contact list. You can then send a message to the number to initiate a conversation with the bank’s customer care team.

Is Lotus Bank an Islamic Bank?

No, Lotus Bank is not an Islamic bank. It is a commercial bank that offers a wide range of banking services to its customers.

Lotus Bank Branches

Lotus Bank has several branches located across Nigeria. These branches are spread across different states in the country, making it easier for customers to carry out banking transactions and access the bank’s products and services. Below is a list of some of the Lotus Bank branches:

1. Lotus Bank Head Office Address: 11B, Isaac John Street, GRA, Ikeja, Lagos State Phone: +234 704 000 0000
2. Lotus Bank Victoria Island Branch Address: 38A, Bishop Oluwole Street, Victoria Island, Lagos State Phone: +234 704 000 0002
3. Lotus Bank Abuja Branch Address: Plot 617, No. 20 Port Harcourt Crescent, Off Gimbiya Street, Area 11, Garki, Abuja Phone: +234 704 000 0013
4. Lotus Bank Enugu Branch Address: 2, Club Road, GRA, Enugu State Phone: +234 704 000 0027
5. Lotus Bank Port Harcourt Branch Address: 29, Aba Road, Port Harcourt, Rivers State Phone: +234 704 000 0038
6. Lotus Bank Kano Branch Address: 28, Beirut Road, Kano, Kano State Phone: +234 704 000 0042
7. Lotus Bank Owerri Branch Address: 72, Wetheral Road, Owerri, Imo State Phone: +234 704 000 0051

These are just a few of the many Lotus Bank branches located across Nigeria. Customers can visit any of these branches to carry out banking transactions or seek assistance from the customer care team. The bank’s website also provides a comprehensive list of all its branch locations, including their phone numbers and opening hours.

Lotus Bank Loan

Lotus Bank offers various loan products to help individuals and businesses meet their financial needs. These loan products come with competitive interest rates and flexible repayment terms to ensure that customers can access credit without facing undue financial pressure. Below are some of the loan products offered by Lotus Bank:

1. Personal Loan: This loan product is designed to meet the personal financial needs of individuals. The loan amount ranges from N50,000 to N5,000,000, and customers can choose a repayment period of up to 36 months. The interest rate is competitive, and the loan is available to both salary earners and self-employed individuals.
2. SME Loan: This loan product is designed to meet the financial needs of small and medium-sized enterprises. The loan amount ranges from N1,000,000 to N50,000,000, and customers can choose a repayment period of up to 60 months. The interest rate is competitive, and the loan is available to businesses in various sectors, including agriculture, manufacturing, and services.
3. Salary Advance Loan: This loan product is designed to provide salary earners with access to credit before their next payday. The loan amount ranges from N50,000 to N2,000,000, and customers can choose a repayment period of up to 12 months. The interest rate is competitive, and the loan is available to employees of reputable organizations.
4. Asset Finance Loan: This loan product is designed to help individuals and businesses acquire assets such as cars, equipment, and machinery. The loan amount ranges from N1,000,000 to N50,000,000, and customers can choose a repayment period of up to 60 months. The interest rate is competitive, and the loan is available to both salary earners and self-employed individuals.

To access any of these loan products, customers can visit any of the Lotus Bank branches or apply online through the bank’s website. Customers will be required to provide relevant documentation and undergo a credit assessment to determine their eligibility for the loan product. The loan application process is seamless, and customers can expect a quick turnaround time.

Conclusion – Lotus Bank USSD Code

The Lotus Bank USSD Code is a convenient way for customers to carry out banking transactions without the need for an internet connection. With the *5045# USSD code, customers can transfer money, check their account balance, pay bills, and more.

Customers can also access the bank’s products and services through its website and mobile app, which provide a convenient and secure way to carry out banking transactions on the go. The website provides information about the bank’s products and services, as well as branch locations and customer care services, while the app allows customers to manage their accounts, pay bills, transfer funds, and purchase airtime and data from their mobile devices. Overall, Lotus Bank is committed to providing its customers with a seamless and convenient banking experience, leveraging technology to enhance the accessibility and convenience of its banking services. Whether you prefer to bank via USSD, website, or mobile app, Lotus Bank has got you covered.