USSD Code for Loans in Nigeria
Every small business owner knows that starting a new business and operating it in full swing can be quite difficult, especially when you don’t have enough cash to kick start your business.
However, there are some ways of accessing loans as an entrepreneur, and one of the methods that you can use is by using USSD codes to get quick loans in Nigeria. So, what exactly are these USSD codes? In this article, we discuss what the USSD platform is, and how you can use it to access a quick loan in Nigeria.
USSD codes are simply service codes that you can use on your mobile phone to access many useful features, including quick loans. Some of these services are free, but others will require you to pay a fee.
If you’re looking for a loan, however, most financial institutions provide USSD code services free of charge. These codes vary from one provider to another, so it’s important that you look up and understand each one before using it.
You should also know that some providers may have certain requirements (such as having an account with them) before they allow you to use their USSD code services. Before applying for any type of loan, make sure you understand all terms and conditions.
This is true even if there are no upfront fees or costs associated with obtaining a loan through USSD codes. Be aware that charges could apply later down the line. Also note that there may be limits on how much money you can borrow at any given time via USSD codes—so it’s best to check beforehand just how much money you could get based on your credit score and other factors.
USSD Codes for Quick Loans in Nigeria
If you are an entrepreneur in need of quick loans in Nigeria, then you can get them using USSD codes that are offered by some banks. This works well when you want to receive fast loans even when your credit score isn’t very good and other traditional methods don’t seem to be working in your favor at the moment. Here’s more information on how these codes work, how to access them, and how they can help you with getting the cash you need when you need it most.
|Platform||USSD 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|
|First Bank First Advance||*894*11# or *894#|
|GTBank Soft Loan (QuickCredit)||*737*51*51#|
|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#|
How long does it take to be approved?
In most cases, it doesn’t take more than 1 day to be approved for your loan. Your bank account details are usually verified and funds are deposited into your account within a couple of hours after you apply. Once the funds are available in your account, you can withdraw them and spend them on whatever needs to be done. If you need cash fast, an SMS loan is an excellent way to get it quickly without any fuss or paperwork. Just make sure that you repay your loan as soon as possible so that you don’t end up paying exorbitant interest rates.