GTBank Loan Code: How to Borrow Money from GTB in 2024

  • November 19, 2023

GTBANK LOAN CODE: This post contains every single detail on how to borrow money from GtBank.

Are you a GtBank account holder in need of a quick loan? The GTB loan service got you covered.

GtBank offers one of the best bank loan services in Nigeria, both for businesses and individuals. In fact, unlike traditional bank loans, you don’t need any collateral to access some of GtBank’s loans.

That’s not all, but with just your phone, you can dial the GTB loan code and get your loan disbursed into your account within a few minutes.

Whether you’re looking for the code to borrow money from GtBank, how to get loan from GTB using your phone, or how to apply for GtBank loan at a bank branch, we’ve got you covered.

In this post, you’ll discover how to be eligible for the loan, how to apply, its interest rate, and also how to repay GTB loan.

Without further ado, let’s get started!

About GtBank Loan

GtBank is one of the largest financial institutions in Nigeria, with a wide range of products and services to meet the needs of its customers.

One of the most sought-after services from GtBank is its loan facility, which is designed to provide financial assistance to individuals and businesses.

Just like some regular quick loan apps in Nigeria, using the GtBank loan code to apply for loans from GTB doesn’t require collateral or a guarantor.

Both the loan application and the disbursal process are fast. Within just minutes of applying for a loan from GtBank, your account will be credited if approved.

Keep in mind that GtBank offers different types of loans. That means not all GtBank loans can be accessed through GTB loan code.

Related: How to Get a Car Loan from GTBank

What is the GtBank Loan Code?

The GTBank loan code is *737*8*2#. To apply for a loan, just dial this USSD code and follow the on-screen prompts.

You’ll need to enter your personal details, specify the loan amount you want, and choose your preferred loan tenor. After confirming your loan request, it’ll be processed for you. Simple as that!

Gtbank loan code

After using the code for GtBank loan provided above, your loan application will be reviewed, and if approved the loan will be disbursed into your GTB account.

Read Also: How to Borrow Money from Access Bank

Types of Loan Offered By GtBank

Gtbank loan

GtBank offers a wide range of loans suitable for different purposes. Let’s take a look at some of the loan options available from GtBank.

For personal loans, GtBank offers the following options:

GT Salary Advance

First on the list is the GTB Salary Advance Loan. This loan is available to employees of private companies and government agencies who have active salary accounts with GtBank.

You can get up to 50% of your net monthly salary upfront with a loan tenure of 30 days, and the option to renew monthly. Plus, you don’t need collateral to access this GTB loan.

To be eligible, you need a minimum salary of N25,000 for the public sector and N50,000 for private-sector employees. Customers can apply for this loan using the GtBank quick loan code. Keep reading to find the code.

GtBank School Fees Advance

This loan product is specifically for people looking to pay for their child’s/ward’s school fees for schools/institutions in Nigeria only. The loan is available only to those whose salaries are domiciled with the bank.

With this GTB loan, you can get up to N5 Million for school fees, with a maximum tenor of 4 months per request. The loan product involves equal monthly repayments comprising of the principal and interest.

GtBank Quick Credit

This is the best GtBank loan for non-salary earners. It’s available to both salary earners and self-employed people.

With Quick Credit, you can get up to N5 million at an interest rate of 1.33% monthly, with a tenor between 6-12 months.

Just like the Salary Advance, you can also apply for this loan using the GTB quick loan code.

Check Out: List of GTB USSD Code

GtBank Max Advance Loan

This loan is designed for staff of select corporate and government organizations who have salary accounts with GTB.

With the GtBank Max Advance loan, you can get up to N10,000,000 repayable in 3-48 months with equal monthly repayment comprising principal & interest.

GtBank Premium Advance

This loan is for Platinum card-carrying members who have an average salary of N1 million in the last six months and have received their salary through their GtBank Account in the last three consecutive months.

GtBank Premium Advance is an overdraft accessible via Naira Debit MasterCard (for ATM withdrawals, POS purchases, and web payments).

For business loans, GtBank offers the following options:

Build or Buy Loans for Schools

This is a long-term loan facility for assisting established and well-structured schools in expanding their landed properties to meet obvious or anticipated business demand.

The loan tenor for this loan is 3 to 10 years, with loan amounts ranging from N20,000,000 to N400,000,000.

If you’re seeking how to borrow money from GTB worth millions, this could be the perfect option.

Read Also: How to Apply for Federal Government Loans for Small Business

Fashion Industry Credit

This is a single-digit interest rate loan at 9% that is strictly for entrepreneurs in the fashion industry.

You can get up to N5 Million for your fashion business with this GtBank loan product, and it confirms a flexible repayment plan spread over 360 days.

GtBank Food Industry Credit

This is a single-digit interest rate loan of just 9% per annum for food businesses. You can get up to N2 million from this GtBank loan, with the repayment plan spread over 180 days and zero fees.

SME Invoice Discounting Finance (SME IDF)

This GtBank loan is designed to help businesses manage cash flow by giving them quick access to cash from their invoices.

With SME IDF, businesses can receive up to 80% of the value of their invoices upfront.

GtBank Overdraft

This is a line of credit that allows a customer (business) to write cheques for more than the actual balance on the account with a finance charge on the excess. This type of loan can’t be gotten using the GTB loan code.

Among all, the Salary Advance and QuickCredit are the only ones that let you borrow loan money from GtBank using USSD code. Now, let’s see how to get the loans.

Related: How to Get a Loan Online Without BVN

How to Be Eligible for GtBank Loan

Before you can use the GtBank loan code to apply for a loan from GTB, you must meet certain eligibility criteria. These include.

  • You must be at least 18 years old
  • You must have an active account with GtBank
  • Have a source of income
  • Have a good credit history

Once all these requirements are met, you can now apply for GtBank loan on your phone.

Applying for a loan from GtBank is easy and straightforward. You can apply via USSD code, GtBank Mobile App, GtBank Website, or GtBank Branches.

From the USSD code to get loan from GtBank, let’s see how to apply for GTB instant loan.

See Also: List of USSD Code for Loans in Nigeria

How to Borrow Money from GtBank Using App

Apart from using the GtBank phone loan code to borrow money from GtBank, you can also use the GTB app to get a loan.

To use app for GtBank instant loan, follow the steps below.

  • Log in on the Gt Bank app
  • Click on the “Apply for Loans” option
  • Select your preferred loan type
  • Enter the amount you want to borrow
  • Select your preferred tenor
  • Submit your loan application
  • Once approved, it will be disbursed into your GtBank account.
GTB loan

That’s simply how to get loan from GtBank using the mobile app. You can also apply for a Gt Bank loan by visiting the bank branch. Let’s see how.

Related: How to Get Opay Loan

How to Borrow Money from GtBank Branch

Apart from using the GtBank loan code and GTB loan app, you can also get quick loans from GTB by visiting the bank branch. Here’s how to do that:

  • Visit your nearest GtBank branch with a valid form of identity and address verification.
  • Ask the customer agent about their loan service, and get a loan application form.
  • Fill out the form for the loan that you want to borrow and submit it together with other relevant documents such as your passport, driver’s license, and utility bill.
  • Your loan application will be reviewed and approved if it meets the requirements as stipulated in their loan policy. If not, they will ask you to provide more documents or request more information before they can approve the application.
  • Once approved, the loan amount will be disbursed into your account.

It is important to get a copy of the loan agreement from the bank’s customer service officer before leaving the bank premises.

GtBank Loan Interest Rate

Since GtBank offers different loan types, the interest rates for its loans vary.

The GtBank Personal loan interest rate ranges from 1.3% to 2% per month, while the GTB business loan interest rate ranges from 9% to 16% per annum.

Keep in mind that these rates shall be subject to review from time to time in line with the prevailing money market condition.

After securing a loan with the Gt Bank loan code, you must start preparing for repayment. Therefore, let’s see how to repay GTB loan.

Check Out: How to Borrow Money from PalmPay

How to Repay GtBank Loan

To repay your GtBank instant loan, all you need to do is have enough money in your account to repay on the due date, and then GtBank will automatically deduct the loan amount from your account.

After that, you’ll get a notification (SMS and/or Email) confirming your loan repayment.

Once your loan is cleared, you can use the USSD code to borrow money from GtBank to access another loan.

Have more questions about the GtBank quick loan code? Find your answers below.

GTB Loan Code 2023 – FAQs

How much can GTBank borrow me?

The amount you can borrow from GtBank depends on the type of loan you are applying for and your eligibility. However, the GtBank personal loan amount ranges N5,000 and above.

Does GtBank have a loan app?

Yes, you can use the GTB mobile app to access loans.

Can a student get loan from GtBank?

Yes, students can get loans from GtBank. However, they must meet the bank’s eligibility criteria and provide the necessary documents to support their loan application.

Related: How to Get Bank Loan Without Collateral in Nigeria

How to borrow 5k from GTBank?

You can borrow 5K from GTbank by using the GTB loan code: *737*51*51#.

What is the code for GtBank salary advance?

The code for GtBank salary advance is *737*8*2#.

How do I check my GTB loan eligibility?

You can check your GTB loan eligibility by simply dialing *737*51*51#.

What is the code to borrow loan from GTB?

The code to borrow a loan from GtBank is *737*8*2#. Simply dial the code and follow the prompts to apply for a loan.

How can I get GtBank loan without collateral?

You can get a GtBank loan without collateral by applying for theirQuickCredit loan or salary advance. These loans are designed to meet short-term financing needs and do not require collateral.

What is the code to check my GtBank loan balance?

To check your GtBank loan balance, dial *737*8*2# and follow the prompts.

How do I get GtBank phone loan?

To get a GtBank phone loan, you can download their loan app called QuickBucks from the Google Play Store or Apple App Store. You can also dial the Access loan code and follow the prompts to apply for a loan.


GtBank provides a wide range of loan options to meet the diverse financing needs of its customers. From personal loans to business loans, salary advances, and QuickCredit loans, GtBank has different loan products to cater to different financial requirements.

With its Gtbank app for loan, customers can conveniently apply for a loan from the comfort of their homes. Customers can also use the GtBank USSD code for loan to borrow money from GTB using their phone.

The bank’s loan products also come with competitive interest rates, flexible repayment terms, and no collateral requirements for some loans. However, before applying for a loan, it is important to read and understand the terms and conditions of the loan and ensure that you can comfortably repay the loan on time.

With this post providing you with full insight into how to borrow money from GtBank, how to get loan from GTB, and how to use the GtBank loan code, also known as loan code for GTB, we believe you can now easily access loans that fit your purpose.