Need some extra cash to handle urgent expenses, pay school fees, plan a trip, or expand your hustle? GTBank has your back. Whether you’re a salary earner, self-employed, or just need a little financial push, GTBank offers a variety of easy-to-access loan options that you can get without stress. And the best part? You can do it all from your phone!
Let’s break it all down for you in a friendly, no-jargon way.
What Kind of Loans Can You Get from GTBank?
GTBank doesn’t do one-size-fits-all loans. They’ve got a whole menu of options to match your lifestyle and needs:
1. GTBank Quick Credit (Soft Loan)
This is the most popular one. It’s super fast and works for both salary earners and self-employed individuals.
- You can borrow from ₦5,000 to ₦5 million
- Interest rate? Around 1.33% monthly (pretty low!)
- Tenure: Up to 12 months
- Bonus: No paperwork needed, and you get the money instantly
2. GTBank Salary Advance
Need some cash before payday? This one’s for you.
- You can get up to 50% of your monthly salary
- Repayment is automatically deducted when your salary drops
- You can renew every 30 days if you need to
3. GTBank MaxAdvance
Got a solid job with a reputable company? You might qualify for this.
- Higher loan amounts than Quick Credit
- Longer repayment periods
- Perfect for people with a stable salary structure
4. GTBank MaxPlus
This is for GTBank Platinum customers who need bigger loans for major expenses like a car, home project, or big-time investment.
5. GTBank School Fees Advance
Struggling to pay your child’s school fees in one go? GTBank can ease the burden.
- For primary, secondary, and tertiary institutions in Nigeria
- Loan is paid directly to the school
6. GTBank Travel Advance
Need to travel for business or leisure? This loan covers your visa, ticket, hotel, and other travel-related expenses.
How to Get a Loan from GTBank Online (Step-by-Step)
You’ve got multiple ways to apply—pick whichever is easiest for you!
1. Using the GTBank USSD Loan Code
This is the fastest route, especially if you don’t have internet.
- Dial
*737*51*51#for Quick Credit - Dial
*737*8*2#for Salary Advance - Follow the prompts to see how much you qualify for and confirm
Tip: Always use the mobile number linked to your GTBank account.
2. Through the GTBank Mobile App (GTWorld)
- Open the GTWorld app and log in
- Tap “Loans” from the menu
- Choose the loan type and follow the steps
- Funds hit your account immediately if approved!
3. Via Internet Banking
- Log in at GTBank’s internet banking site
- Go to the Loans section
- Fill in your loan request details
- Submit and wait for approval
4. Visit a GTBank Branch
Old-school, but still effective. Just walk into any GTBank branch and ask to speak with a loan officer.
How Can I Check My GTB Loan Eligibility?
Before you apply, you might want to know if you’re even qualified. GTBank makes it easy:
- Dial
*737*51*51#or use the GTWorld app - It will show you how much you can borrow based on your account activity and income
- You must have been actively using your GTBank account for at least 6 months
Repayment Terms: What to Expect
GTBank keeps things simple. Most loans are repaid monthly, and deductions are automatic from your account.
- Quick Credit: 6 to 12 months
- Salary Advance: Renew every month
- MaxAdvance/MaxPlus: Up to 48 months
- You can pay off early if you like—no drama!
Tips to Get Approved Quickly
- Keep your GTBank account active
- Have a regular income—salary or business proceeds
- Repay previous loans on time (GTBank checks your credit score)
- Don’t apply for more than you can realistically repay
- Make sure your BVN and KYC info are up-to-date
Answering a Popular Question: Does OPay Give Out Loans?
While you’re exploring options, you might also ask: Does OPay give out loans?
Yes, OPay offers short-term loans through its app, but GTBank loans tend to offer higher amounts and more flexibility for salary earners. You can explore both, but GTBank is usually a better option for structured, longer-term borrowing.
Final Thoughts: Is a GTBank Loan Worth It?
Absolutely—if you need quick cash without stress and already use GTBank, their loans are fast, easy to access, and have decent interest rates. Whether you’re planning a vacation, paying school fees, or need an emergency fund, GTBank loans are a solid option.