How to Borrow Money from GTBank

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How to Borrow Money from GTBank | GTCO Loan Code and Portal. GTBank Loan: How to Easily Borrow Money from GTBank

Are you a dedicated GTBank customer, holding an account with the bank? Do you wish to secure a loan from GTBank to cover your educational expenses, healthcare needs, personal finances, or business growth? If your response is yes, then you’re in the right place.

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Many people don’t how to access loans from GTBank using a simple code, without needing to visit a physical bank branch. In this article we will show you how to easily and quickly apply for a loan from the comfort of your home.

In line with other conventional Nigerian banks, GTBank doesn’t demand collateral or difficult conditions for loan approvals. Instead, it provides a flexible loan tenure, empowering you to borrow with ease.

And the best part? You can obtain a loan from GTBank from the comfort of your home using your mobile phone. Let’s go deeper into the details of how this works, the procedures, terms, and conditions involved.

This comprehensive guide will also outline the application requirements, the different types of loan options available, along with details about interest rates and repayment periods.

GTBank Loan Categories

GTBank’s loans span various categories, catering to the distinct needs and aspirations of its customers. These categories encompass:

– Personal Loans
– Business Loans

GTBank Personal Loans

GTBank’s personal loans are designed for individual borrowers, enabling you to secure funds for personal expenses. Here’s an overview of the different personal loan types:

GT Salary Advance

This loan option is accessible to private sector and government employees with active salary accounts. The GT Salary Advance offers up to 50% of your monthly salary upfront, sans collateral. It’s deducted automatically upon salary payment.

To qualify, you need a minimum monthly salary of N25,000 (public sector) or N50,000 (private sector). Apply through the mobile app or GTBank’s loan code.

GTBank School Fees Advance

When unexpected bills strike or your children’s school fees are due, the GTBank School Fees Advance is your solution. Only available to individuals with salaries domiciled in the bank, it provides up to a million Naira to cover school fees.

GTBank Quick Credit

Non-salaried individuals, as well as self-employed and salaried earners, can access the GTBank Quick Credit. With interest rates at 1.33% per month, you can borrow up to N5,000,000 for 6-12 months.

GTBank Max Advance Loan

This loan, ranging up to N10,000,000, targets corporate and government entities with GTBank salary accounts. It offers repayment periods of 3-48 months at favorable rates.

GtBank Premium Advance

Exclusively for customers with diverse card ownership and substantial transactions, the GtBank Premium Advance provides loans for those with average salaries of N1 million over six months.