How to Get Instant Loan Approval from GTBank Quick Credit

GTBank Quick Credit
GTBank Quick Credit

Quick Credit is launched by Guaranty Trust Bank plc, as an offer to instant loan to salary earners whose account is domiciled in GTBank.

I used to see GTB adverts on Quick Credit everywhere I go and I tried to access it today-and what I discovered was amazing!. Kindly allow me to lead you to all my discoveries today.

What is a Quick Credit loan?

This an instant loan facility that gives you funds worth up to three months of your salary in less than two minutes.

Firstly, you need to have a good credit history to build a relationship with your bank but unfortunately many do not have a good credit history.

Credit history is very necessary if you want to gain access to loans from the banks.

Formerly, it was very challenging for Small and medium-sized enterprises (SMEs) to get bank loans without collateral.

Nowadays, banks come up with products to support SMEs and salary earners without asking for any collateral in any form.

One of the commercial banks that offer such products is GTB Quick Credit.

What Is GTBank Quick Credit Loan?

A Quick credit loan is a system that GTBank puts in place for employed Nigerians to borrow money upfront.
With Quick credit, you can borrow a loan worth up to your 3 months’ salary.
Besides, you can get an interest rate of 1.75% per month.
You will also get up to 12 months to payback.

GTBank Quick Credit Loan Requirements

Here are the requirements that you must have before applying for GTBank quick credit loan.

      I.        Firstly, applicants must earn a minimum of N10, 000.

     II.        Secondly, all applicants must also be at least 18 years of age.

    III.        Thirdly, you should also be less than 60 years at the loan maturity date.

   IV.        Also, applicants must not have any other current or unpaid loans from other banks in the Remita platform.

Please Read: 10 Best Money Making Apps That Payout Fast In 2020

How to Apply For GTBank Quick Credit Loan

Application for quick credit loan is easy; just follow the simple steps below;

Using your mobile phone, dial the GTBank quick credit loan USSD code *737*51*51#

GTBank will ask you to provide your salary account details. This is where your money will be debited and it’s also what you will use to pay back the loan.

Simply, follow the guidelines and you will get your loan within minutes.

Please note, you can apply via the GTBank online and also through mobile banking platforms.
For example, through the Internet Banking and GT world

Also, you can apply after you download the GTBank Mobile App. Don’t forget to install and follow the guidelines below

How to Download and Activate GTB Mobile Money APP on Your Internet Enabled Phone

      I.        Firstly, download the App on your phone (this you can find at the app market on your device).

     II.        Then, register by providing your details including your date of birth and finances.

    III.        After that, you would receive a 6-digit activation token in a text from GTB.

   IV.        Lastly, click on the activation code to activate your account.

How Can I Check My GTB Quick Credit Loan Balance?

To check your GTB Account balance, simply dial *737*6*1# and follow the on-screen prompts. 

What Is the Interest Rate
The interest rate of 1.75% monthly? That means for a loan that will last for 6 months you will pay 10.5 % and a loan that will last for 12 months you will pay 21%.

For example according to that got a loan of N 75, 000 from the bank, below were the terms he was given and I quote:

“From the loan repayment schedule that GTBank sent to me, I will be paying between N12, 697.75 – N13, 276.70 every month for 6 months. My repayment due date is every last day of the month”.

Loan Tenure
The payback period is between 6 months to 12 months.


I hope you find this article enlightening and a helpful point of reference.

Have you tried using GTB Quick Credit and what was the experience like?

Reading from you gives me great pleasure.

Kindly share your experience with us using the comment box below


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