Ever since it began its operations in February 1991, Guaranty Trust Bank (GTBank) has grown into a major powerhouse in the financial sector in Nigeria.
Guaranty Trust Bank or GTBank is one of the most prominent banks in Nigeria. The bank is a leading provider of financial services to the public, offering services such as retail banking, investment opportunities, and corporate banking, amongst the other services it provides to its vast customer base. One of such extra service is the loan and credit facilities it gives to its customers.
Here we look at Guaranty Trust Bank Loans and the GTBank payday loan in particular; and how you can apply for them.
The GTBank salary advance is type of GTB loan that is based on the payday or cash advance theme provided by Guaranty Trust bank. The salary advance is the same as a payday loan.
With the GTBank salary advance loan, you can get up to 50 percent of your salary before the month’s end to meet up with your financial and transactional needs. The loan tenure is up to 30 days, and you can apply monthly.
The payday loan, as mentioned earlier, is an unsecured instant loan and therefore does not need collateral for processing.
GT Salary Advance lets borrow a minimum of N 25,000 if you’re a civil servant or N 50,000 if you work in the private sector. As for the maximum amount, funds are borrowed able up to 50 percent of your monthly salary.
The application process only takes within 24 hours, after which they disburse the funds.
Anyone fully employed and can provide proof of employment, and their income statements is eligible for a GT Payday loan. However, you must be a GT bank customer in the first place to access this loan.
You can apply for the loan by logging into GT Bank’s internet banking platform, or dialling *737*8*2#. You can also visit any of the bank’s branches.
A loan for non-salary earners is also available at the bank under the QuickCredit loan scheme. The shortcode for QuickCredit is *737*51*51#
As a non-salary earner, you can apply for the QuickCredit for as long as you are earning a minimum of N10,000 every month.
Finally, there are certain considerations before applying for any kind of loan from a bank.
However, if you are ever in a bind financially, and need some help, as a Guaranty Trust Bank customer, you can get that much-needed financial assistance through the GTBank payday loan platform. You can check out our posts on other commercial bank loans like the Zenith Bank loan.