Don’t get humiliated because of money issues, you can now access and apply for the GTBank loan without any hassle.
On my previous articles where I have shared similar bank loans like Access bank loan, Zenith bank loan, Uba bank loan, Union bank loan etc that also offers the same loan amount, interest rates like that of GTB loan.
These banks grants best loan offers with affordable Interest rates, No collateral or paperwork, No guarantor or documents needed.
Well if you are asking on how to apply for the GTB loan then stick and make sure you read this post to the end as I unveil everything you need to know about the GTB loan, GTB loan code, GTB quick credit, How to apply for GTB loan.
GTBank Review
Guaranty trust bank ( GTB ) is a leading african bank that offers online / Internet banking, Retail banking, Corporate banking, Investment banking and also offers credit facility to individuals both banking and non banking customers.
GTB Loan And How It Works?
GTBank offers personal loans which provides you with right to financing your personal needs while guaranteeing you all the security that you are looking for.
You can choose from various wide range of simple and straight forward GTB loan offers for your personal needs and the projects you care about.
GTB Loans To Choose From And Requirements Needed.
1. GTB Salary Advance Loan
This particular loan offers you 50% of your net monthly salary upfront. GTB salary advance is available to staff of private companies and government agencies with active salary account domiciled with GTBank.
Benefits Of GTSalary Advance Loan?
√ Upto 50% of your net monthly salary
√ Temor Of 30 days, renewable monthly
√ No collateral required
√ Minimum salary of 25,000 for public sector and 50,000 for private sector employee
√ Salary Advance will be disbursed within 24hra of approval.
How To Apply.
You can login into your internet banking, Dial *737*8*2# or visit any GTBank branch near you.
2. GTB School Fees Loan
School Fees advance is a loan facility designed to finance the payment of your child’s award, school fees for school institution in Nigeria only.
This loan is available to members of staff of public and reputable private organizations whose salaries are domiciled with the bank.
Benefits Of GTBank School Fees Loan:
√ Upto N5 million school fees advance, maximum 4 months tenor per request
√ Very competitive interest rates, equal monthly repayments comprising of principle and interest.
√ Immediate access to funds from the prompts of your child / wards school fees.
How To Apply
√ Submit a completed application form and employer understanding form
√ Provide school fees bill and credit insurance
√ Ensure that staff terminal benefits is domiciled in GTBank or obtained corporate guarantee.
3. GTB Quick Credit Loan
Whether you are salary earner or self employed, you can now borrow the cash you need instantly and pay back in 6-12 months.
Quick credit gives you funds of upto N5 million with an interest rate of 1.33% monthly, no hidden charges.
Benefits Of GTBank Quickcredit Loan:
√ Upto N500,000 to N5 million naira loan
√ Convenient repayment plan spread 6 – 12 months
√ Interest rate of 1.33% per month.
How To Apply.
√ You can request for Quick Credit Loan by dialing*737*51*51# to apply.
√ QuickCredit is also available at any GTBank online and mobile banking platforms.
4. GTB Max-Advance Loan
Max advance is a loan from GTBank designed to facilitate personal loans to staffs of select corporate and government organizations whose staff salary account resides with GTBank.
Benefits And Features Of Max-Advance Loan:
√ From N100,000 – N10,000,000
√ Repayment plan of 3 – 48 months
√ Equally repayment comprising Principal and interest. Monthly repayment shall not exceed 33.3% of your net monthly.
√ Supports salary domiciliation, credit insurance, domiciliation of staff, terminal benefits or corporate guarantee.
5. GTB Max Plus Loan
Max plus offers a larger loan facility and a greater flexibility to meet your financial needs with a convenient repayment plan. It’s available for platinum customers whose salary account are domiciled with the bank.
Benefits Of GTBank Max Plus Loan:
√ Get loan of Upto N5 million to N30 million naira
√ Tenor of upto 48 months, monthly repayments cannot exceed 33.3% of your net monthly salary
√ Equal monthly repayment comprising Principal and interest
√ No collateral required
What You Need To Apply:
√ Max Plus application form and Employee undertaking form.
6. GTB Computer Advance Loan
With GTB computer acquisition scheme which offers facility ( time loan ) to serving corps members whose allowance account are domiciled with the bank to finance the acquisition of mobile devices to be paid during the service year.
Features And Benefits Of GTBank Computer Advance Loan
√ Maximum loan amount is N60,000
√ Loan tenor is 3 – 10 months
√ Equal monthly installment of principal and interest over the tenor of the facility and shall not exceed 33.3% of corpers members monthly allowance
√ Corps allowance must be domiciled with the bank
√ Corps members get the mobile device with a Flexible repayment plan
√ It allows corps members more information, skill acquisition.
Requirements Needed To Apply:
√ Completed application form
√ Employer’s undertaking form
√ Domiciliation of NYSC Account with the bank
√ All application to be completed during the NYSC orientation activities.
7. GTBank Mortgage Loan
GTMortgage loan offers credit facilities to customers whose salaries or business proceeds are domiciled with the bank to enable them own a home in selected cities in the country.
Features Of GTBANK Mortgage Loan
√ Loan Offers from N50 million to N150 million naira
√ Loan tenor goes for 1 – 20 years
√ Easy and Flexible repayment options
Documents Needed To Apply
√ Completed application form
√ The documents of the property
√ Valuation report from any of the bank approved estate valuer
√ Search report from GTBank legal group.
8. GTBank Premium Advance Loan
When you need funds the most, premium advance is a revolving overdraft facility placed on debit naira master card.
Benefits Of GTBank Premium Advance Loan
√ Upto N1 million naira overdraft with a 1 year tenor, subject to clean up every 30 days
√ Very competitive interest rate 2% flat fee on N1 million upon utilization
√ Overdraft accessible via naira debit master card
√ Monthly repayment of interest with bullet payment of principal at the end of cycle
Requirements Needed To Apply:
√ For platinum customers only
√ Average salary should not be less than N1 million naira in the last six months
√ You should have received your salary through your GTBank account in the last 3 months consecutively
√ Ensure you do not have any due past obligations with GTBank and other banks.
How To Apply:
Simply submit your completed application form and your Employee undertaking form.
9. GTB Travel Advance Loan
GTBank travel advance is a time loan designed to meet the travel needs of their customers whose salaries account are domiciled with the bank.
Features And Benefits Include:
√ Airline ticket
√ Hotel reservation
√ Airport pick up and transfer
√ Tours and events
√ Facility amount starts from N250,000 – N3,000,000
√ Maximum loan tenor is 12 months
√ Interest rates goes for 20% per annum ( subject to money market conditions )
√ Domiciliation of salaries and allowances.
How To Become Eligible For GTBank Travel Loan:
√ Customers must have their salaries account domiciled with GTBank
√ Customers must have received his / her salary through GTBank in the last 3 months from the same employer
√ Salary must be paid in naira
How To Apply For GTBank Travel Loan:
1. Login to internet banking
2. Click Travel Advance under investment and quick loans
3. Select travel advance and initiate a new request
4. Fill the required details needed
5. Authorize your request by inputting six digit PIN or token and submit.
10. GTBank Vehicle Insurance Premium Financing
Vehicle Insurance Premium Financing is a time loan that enables corporate organizations and salary earners whose accounts are domiciled with the bank pay for their motor insurance premium upfront and spread the repayment over a 12 months period.
Benefits And Features Of GTBank Vehicle Insurance
√ Loan amount to individual is from N200,000 – N1,000,000 and corporate N20,000 – N5,000,000
√ Tenor maximum of 1 year
√ Interest rate is 1.67% per month
√ Equal monthly repayment comprising Principal and interest
√ Fees is 1% one off flat fee
√ Instant availability of funds to pay for your insurance premium
√ Insurance cover without physically visiting insurance office
Who Can Apply:
√ Individual customers whose salary account are domiciled with the bank
√ All SMES and corporate with account domiciled with the bank and with access to GAPs
How To Apply:
1. Through Internet Banking
Sign on, go-to menu, insurance loan and then click on insurance loan.
GTBANK Loan Code
GTBank LoanYou can also apply for a quick credit loan through the GTBank loan Ussd Code *737*51*51# or *737*8*2# to apply.
It’s quick, easy and stress free, no guarantor or collateral needed before you can access the GTB Loan.
Kindly make sure that you are an existing customer with GTBank to be able to make use of their GTB Loan Code to apply.
GTBank Loan Calculator
The GTBank loan calculator is a web application that helps you to calculate how much your loan payment will be.
The loan payment will depend on the amount of loan that you are applying for and it’s interest rate.
Conclusion On The GTB Loan
GTB Loan has a great wide range of loan offers that you can easily apply for with a competitive rates. Incase You don’t find the GTB loan interesting then you can check out other Bank Loan offers here.
