GTBank loan for non salary earners – Life comes with uncertainty that sometimes you can’t help but find a way around to ameliorate certain situations.
I’ve written severally about salary advance loans as well as loans for salary earners, there’s no point arguing that most soft and unsecured loans favor the majority in either public service or other payrolls.
Some of you have continued to ask if there are no loans that meet the lifestyle of nonsalary earners, if you fall in this category, your Christmas has arrived.
Today, I’ll be talking to you about a loan that’s designed for non-salary earners, though salary earners can still benefit from it.
It’s no other than the GTBank loan for non-salary earners.
If you are a GTBank customer, looking to receive a soft loan with no collateral, the GTBank loan for non-salary earners should be your ideal succor.
GTBank quick credit
In this regard, the GTBank quick credit is a personal loan that’s designed for both salary and nonsalary earners, by this extension, even self-employed customers are qualified, and by all standards a suitable facility if you are not on a payroll.
How GTBank loans for nonsalary earners work
You can access the quick credit loan as a GTBank customer who is self-employed, not necessarily working for someone, however, you must have a monthly lodgment of N20,000 in your GTBank account.
The loan limit goes for as much as N5 million naira at an interest rate of 2% monthly, with a loan tenor that spans across 6-12 months, by all standards a flexible loan for the obligor.
Be informed that GTBank offers a range of loan products that goes across personal loans, and business loans.
The business loans attract a 16% interest rate per annum.
How to apply for GTBank quick credit loan
You can apply via the USSD code as shown below
- From your registered/linked phone number to your GTBank account dial *737*51*51 #
- Enter 1 to see your maximum loan amount
- Enter 0 to type in your desired loan amount
- Enter your 4-digit USSD PIN to authenticate your transaction.
- The loan amount will be disbursed into your account
GTBank personal loans in perspective
Kindly find GTBank personal loan products, and see which of them suits your lifestyle, then apply appropriately.
- The GT salary advance
If you are on a public service payroll, be it Federal or state government, or a member of staff of a private company who has an active account with GTBank, the GT salary advance is for you.
You can receive about 50% of your net monthly salary ahead.
The loan tenor spans across 30 days, with a refinancing option, with no paperwork or collateral whatsoever to access the loan.
2. GTBank school fees advance
Are you a parent or a guardian who has an account domiciled with GTBank and looking to finance your child’s or ward’s education, GTBank designed the school fees in advance to meet your needs, available for only Nigerian schools.
You can access up to N5 million naira to meet your child’s education needs, with a loan tenor of 4 months.
3. GTBank premium advance
If you are a premium card-carrying customer of GTBank, the premium advance security is designed for you, and you must have an average s
Alary of N1 million naira in the last six months, and you should have been receiving your salary with the bank in the last 3 months consecutively.
This is usually an overdraft through which qualified customers can access through Naira debit MasterCard.
4. GTBank Max advance loan
GTBank max advance is a personal loan accessible to staffers of select corporate and government organizations with salaries domiciled with GTBank.
Such customers can receive up to N100,000 to N10,000,000, repayable over 3-48 months.
5. GTBank mortgage loan
If you are looking to own a home and have a salary or business account with GTBank, you can become a homeowner in select cities around Nigeria through the GTbank mortgage loan.
Business loans category
GTBank has loans targeted at business owners and SMEs, they are as seen below
6. Fashion industry credit
This is a loan that’s available for fashion entrepreneurs, designed to assist in thriving businesses in the fashion industry.
You can get up to N5 million naira, with an interest rate of 0% per annum, single digit.
7. GTBank food industry credit
The GTBank food industry credit is a facility designed to provide financial assistance to small-scale businesses within the food/drink industry.
8. Build or buy loans for schools
This is a term loan for schools, a facility designed to provide financial assistance to established and structured schools looking to expand.
The loan tenor spans across 3 to 10 years with a 30% equity contribution by the obligor.
9. SME invoice discounting finance
The SME invoice discounting finance is a short-term loan that provides financing to businesses, you can draw money against an invoice issued before the client pays the products or services rendered.
10. Computer acquisition loan
This is a loan designed for Corp members whose allowances are domiciled with GTBank and usually serves the purpose of serving members looking to buy mobile devices.
How to get a loan from GTBank
You can receive a loan via any of; the USSD codes, internet banking, or Mobile app.
Using USSD code
From your registered phone number dial *737*8*2# to apply for a loan, while you can use the *737*51*51# to apply for a quick credit loan.
Using GT online banking
- Log in to the GTBank Internet banking
- Click on “Loans” and click on “New request”
- Select a preferred account the loan should enter
- Click on Determine eligibility
- Click on “Click here to apply for maximum eligibility amount” or enter the loan amount, agree to terms
- Provide the answer to the secret question, click continue enter your token code, and click submit to receive your loan.
Using the GTBank mobile app
- Log in to your GTBank mobile app
- Click Apply for the loan option
- Select the loan type
- Complete the displayed form with your loan amount and tenor
- Click submit to complete your loan request
How do I qualify for GTBank quick credit/GTBank loan for non salary earners?
- You must have consistently received salaries in the last 6 months through your current employer
- Maintained a minimum monthly lodgment of N20,000
- Your net salary of N10,000
- Be sure that you do not have an existing loan on the REMITA platform
How to apply for salary advance
Dial *737*8*2# and follow the screen prompt to apply and receive a salary advance loan.
Can I get a loan without a salary account?
Sure, there are GTBank loans for nonsalary earners, the quick credit loan can still be accessed by nonsalary customers, as well as customers on payroll.
GTBank has several loans for customers who operate businesses, or on a personal level, personal loans also apply to such customers.
What code can I use to borrow money from GTBank?
*737*51*51#
How do I check my GTBank loan status?
Kindly dial *737*6*2# to check your loan balances.
What is the code for GTBank salary advance?
Kindly dial *737*8*2#
How long does it take GTBank to approve salary advance?
Salary advance will be made available within 24 hours.
How to repay the GTBank loan
The loan repayment is automatic, you gave this consent while taking out the GTBank loan.
Your loan is deducted automatically the moment funds touch down the account.
Loans are usually debited on the due date.
Conclusion
You can access the quick credit loan as a GTBank customer who is self-employed, not necessarily working for someone, however, you must have a monthly lodgment of N20,000 in your GTBank account.
The loan limit goes for as much as N5 million naira at an interest rate of 2% monthly, with a loan tenor that spans across 6-12 months, by all standards a flexible loan for the obligor.