Do you need to know how to apply for a salary advance or immediate loan from Access? This article explains how to be approved for an Access Bank Payday Loan. Use the USSD codes *901*11#, *421*11#, or the Quickbucks app to apply for an Access Bank Payday Loan.
You can borrow up to 75% of your monthly pay at a 5.15% interest rate. No security is needed. However, you need a salary account to be eligible.
After that, you can rapidly apply for this instant personal loan and repay it within 30 days using your MTN, Glo, Airtel, or 9 Mobile phone number that is linked to your BVN and bank account. I will thus go over every aspect of this type of Access bank loan in this essay. Let’s begin.
What is Access Bank Payday Loan
earnings workers can instantly borrow up to 75% of their monthly earnings and repay it within 30 days with the Access bank (Diamond) payday loan. You can obtain this payday loan at 5.15% interest rate regardless of whether you work for the government or the commercial sector and without providing any collateral or supporting papers.
You must have a bank salary account or have your paycheck processed through Remita in order to qualify for a payday loan from Access. You are then eligible to borrow up to 75% of your monthly pay. Following application, the loan is disbursed instantly or within 24 hours.
As a result, you may apply for a payday loan from Access bank in the following ways:
Simply enter 90111# or 42111#.
How to Borrow Access Bank Payday Loan Using USSD Code
requesting and receiving Access bank Payday loans without security are simple. The processes to borrow money using the USSD loan code are as follows:
On your registered phone line with Access bank, enter 90111# or 42111#. Airtel, Mtn, Glo, or 9 Mobile
then adhere to the guidance provided on the screen.
Enter the loan amount you desire.
Accept the rules and regulations.
Obtain credit for your payday loan in your account.
Access Bank Payday Loan Terms and Conditions
You need to be qualified in order to borrow this rapid money. The following criteria must be met to be eligible for a payday loan from Access Bank:
- Obtain a salary
- possess a Remita or active Access bank salary account.
- positive credit rating
- No unresolved debt
- Apply using a phone number that is connected to your bank account and BVN. Airtel, MTN, Glo, or 9 Mobile.
- You can apply for this Access bank fast loan once you have fulfilled these requirements.
How much Access Payday Loan can you Borrow?
Access bank may advance you up to 75% of your monthly pay for the Payday loan. If your income is 400,000 Naira, for example, you can take a loan between 50,000 Naira and 300,000 Naira without putting up any security and repay it within 30 days when you get your next salary.
What is the Duration of the Salary Advance Loan?
The payday loan from Access Bank must be repaid within 30 days or on the date of the following wage payment. As a result, this date begins to count when the loan is granted and disbursed following your application using the Quicbucks app, USSD code, or another method.
What is Payday Loan Interest rate?
The Access bank payday loan has an interest rate of 5.15% of the amount borrowed. 4% flat interest, 1% flat management charge, and 0.15% flat loan amount insurance make up the breakdown.
How to Apply for Access Payday Loan on Quickbucks App
You can borrow money via the Access bank Quickbucks loan app in addition to the USSD code. The processes needed to apply for and obtain a payday loan are listed below.
- Install the Access Quickbucks app from the Apple Store or Google Playstore.
- Take part. Enter the necessary personal information.
- then enter your login information.
- Select a payday loan from the available options.
- the amount of your loan
- The terms and conditions are accepted.
- Within 24 hours, your payday loan will be processed.
How to Repay Access Payday Loan
Repaying a payday loan is a simple process. As a salary earner, all you need to do to repay the loan is get your monthly paycheck; Access Bank will take the loan payment from it before it appears in your account. As an alternative, you can repay your loan early by using a bank transfer to credit your account.
Access bank will debit any account connected to your BVN and add an extra 1% penalty fee each month if you don’t repay your outstanding loan in full.
Other Types of Loans offered by Access Bank
Access still offers other loan options outside payday loans, so you can borrow money from them. You can receive some of the alternative loans listed below.
- Access to Salary Advance Loans Personal Loan Phone/Access Bank Loan
- Automobile Finance
- Home Loan Advance
- Loan for School Fees
How to Check Access Bank Payday Balance
Open the Quickbucks app and check the loan type and amount you borrow to check the balance of your Access bank payday loan.
Alternately, contact Access Bank customer service using the numbers listed below for loan balance inquiries and other matters:
Contact Centre: +2341-2802500 07003000000 Email: accessbankplc.com