How to Get GTBank QuickCredit Loan

GTBank QuickCredit Loan

GTBank QuickCredit is a type of salary loan, which is offered to salary earners by Guarantee Trust Bank.

It allows borrowers to get up to 3 times their monthly salaries with repayment plan of up 12 months.

Understanding Salary Loan

Before we proceed, let's get an understanding of what a salary loan is.

A salary loan is a loan plan designed specifically for salary earners where the borrower's salary is used as collateral. It's typically a short-term loan, often offered by employers or financial institutions, where the amount borrowed is determined by the borrower's income, credit score and creditworthiness. It's a convenient option for salary earners who need quick access to cash as their salary serves as collateral.

How GTBank QuickCredit Works

Alt="GTBank QuickCredit logo"

GTBank Quick Credit Loan is only available to salary earners (formal employees)

GTBank Quick Credit Loan Highest Loan Amount

You get highest loan amount of N5 million and minimum loan of N5,000

GTBank Quick Credit Loan Interest rates

GT charges 2.4% per month interest rate for its QuickCredit.

You also pay a one-off credit insurance of 1%, which is charged upfront.

Repayment Plans 

Repayment period is between 1 month to 12 months depending on the amount borrowed and borrower’s repayment capacity. Loan can be liquidated before the end of the loan term without penalty. This means if you take a loan that has 6 months repayment period, you can decide to complete the repayment before the 6 months duration.

The repayment will be made on equal amount monthly within the repayment duration not more than 12 months, and shall be deducted directly from the borrower’s  monthly salaries.


To be eligible to apply, you must meet the following criteria:

You must be between 18 years to 59 years of age.

You must be a salary earner and hold salary account with GTBank.

You must not have outstanding credit with GTBank, any other financial institutions, or government institutions.

How to Apply for GTBank Quick Credit 

You can access GTBank QuickCredit Loan on your mobile phone using USSD Code or the bank’s mobile app.

To request for a GTBank QuickCredit Loan using USSD Code, simply dial *737*51*51# and follow the prompt.

You can go to any of GTBank online or mobile banking platforms such GTBank internet banking or GTWorld, click on QickCredit.

Note: the bank will access your creditworthiness (i .e your credit score on the credit registry) using your BVN. If you have unpaid loan with the bank or any other financial institutions, your loan request will not be approved.

Ikechukwu Evegbu

Ikechukwu Evegbu is a graduate of Statistics with over 10 years experience as Data Analyst. Worked with Nigeria's Federal Ministry of Agriculture and Rural Development. A prolific business development content writer. He's the Editor, Business Compiler

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