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Zenith Bank Loan – How to Get Loan from Zenith Bank

The Zenith loan offer can come in handy, especially in terms of emergency, regardless of who or where you are. For as long as you own an account with the bank, getting a loan from Zenith bank just got easier.

The Zenith bank offers a wide variety of loan offers from personal loans, mortgage loans, and SME loans which are designed to meet the financial needs of their customers. However, you can always compare different loan offers in just few minutes here.

Zenith bank is a pacesetter in the banking industry of Nigeria, and it’s easy to see why. From excellent customer support to an array of financial services carefully suited to each customer, it’s easy to see why Zenith is at the top. Here, we take a look at the Zenith Bank loan for salary earners.

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How can I borrow money from Zenith Bank without collateral and what is the interest rate?

The Zenith bank salary advance is a credit facility offered by Zenith Bank and comes with a relatively low-interest rate. They offer up to 60% of the borrower’s salary at an interest of less than 5% with an easy repayment option. It is one of such quick cash loans offered by Zenith Bank that does not require collateral and gives financial assistance to those in need, but that cannot get regular loans for one reason or the other. 

Zenith Bank loan eligibility

Once you meet all requirements set by the bank, they will quickly approve your loan. The age limit is a minimum of 18 years and less than 60 years. You also need to earn a minimum of 10,000 Naira per month as salary, and not have any preexisting loans with the bank or any other bank. 

How much can you borrow as a Zenith bank loan?

With the Zenith Salary Advance loan, you can borrow up to 60% of your monthly income.

How long is the application for a Zenith Bank loan?

The application process is usually instant, and at best takes a day before it is approved and disbursed to the applicant. 

Applying for the Loan

To you must contact the bank through any of its available communication channels. It could be through email or via telephone at 234-1-2787000. You could also pay a visit to the Zenith bank branch nearest to you.

Code to get loan from Zenith Bank

The Zenith bank loan USSD code is *966#. This is the bank’s USSD code that can be used to carry out almost any banking transaction straight from your mobile phone. You can also apply for the bank’s salary advance loan from the USSD code. However, you have to register before you can carry out any transaction.

How to borrow money from Zenith Bank using USSD code

  1. Dial *966*00# from your mobile phone to begin
  2. you will receive a prompt that requires you to fill in the last four digits of your ATM card number
  3. It will display your account name confirming the authenticity of the information provided in No.2 above
  4. It will prompt you to create your four-digit pin
  5. Confirm your four-digit pin and you are all set for the eazy banking

You can check out our post on USSD code for loans in Nigeria.

How to repay the Zenith Bank Loan

Repaying the Zenith bank loan at its expiration does not require anything out of the ordinary from your end. All you need to do is to ensure that the Zenith Bank account you used for the loan is adequately funded. The bank will make deductions straight from your account. See how to access the Central Bank of Nigeria loan.

Frequently Asked Questions

Some of the most frequently asked questions regarding Zenith bank payday loans include:

1. What do banks check before giving a loan?

Most banks start by checking your credit rating and history. Depending on how shinny or poor it is, they then make a decision on your loan application. However, they also consider other factors like your income, place of work, assets, net worth, and more. The exact parameters they consider varies from one bank to another. 

If you’re in need of a platform to get loans without difficult checks, then loanspotafrica is your go-to spot. They offer legit loans with one of the most minimal background checks and qualifications. 

2. What will happen if i wasn’t able to pay back at the right time?

The exact penalty that follows being unable to pay back at the right time depends on your agreement. Usually, the penalties are stated in the loan terms and conditions and are enacted once there’s a default. Most lenders either increase the interest percentage or sell off collaterals. 

On the bright side, loanspotafrica do not require collaterals and don’t take brute force in enforcing repayment after the deadline passes. This is why they run a flexible repayment structure that ensures you almost never miss the deadline. 

3. How long will it take to get the money?

This duration solely depends on your lender. Once approved, expect the money to be disbursed within 24 hours. Generally, some are quicker than others and if you prefer quicker disbursement, you should look into loanspotafrica as they offer one of the fastest. 


We all could someday find ourselves in a financially hard situation, and that’s nothing to write home about. Things could get tough, and we might need a little push now and then, and the Zenith Bank loan does just the job. Get one today if you require it.