USSD Code For Loans In Nigeria 2023

With many banks in the country, one would need to know all the USSD code for loans in Nigeria so as to carry out seamless transactions without an internet connection. In Nigeria, there are over 21 commercial banks, 860 microfinance banks, and a lot of loan fintech companies. Most of these banks and loan fintech companies also operate in a way that you can use a USSD code to get a loan from them.

However, the question now could be, What is the USSD code for loans in Nigeria and their uses? Well, Paga USSD code is *242, Payattitude USSD code *569#, etc.

To find out about other USSD codes for loans in Nigeria, continue reading this article till the end because in this article, we have compiled a list of all the different banks and loan apps in Nigeria and also given their USSD code with a brief explanation on how to use it.

How Do I get a loan with USSD Code?

To get a loan with a USSD code, all you have to do is;

• Dail the USSD code on your mobile device using the sim card that was used during your account creation, follow the prompt instruction and select get the loan.
• Depending on the type of bank or loan app, you’ll be required to select the type of loan you want to get, e;g, business loan, personal loan, long-term or short-term loan, etc.

After selecting your desired loan type, and the amount and submitting your application, your loan will be processed. If you are eligible, the borrowed amount will be credited to your account.

It’s important you note that different banks and financial institutions may have slightly different methods of applying for a loan using the USSD code, however, the step we have listed above will guide you during your application process for at least 90% of the loan institutions in Nigeria.

USSD Code For Loans In Nigeria 2023

Without further ado, below are some of the USSD codes for loans in Nigeria divided into four sections.

Banks’ USSD Code For Loans in Nigeria are;

1. Access Bank Plc *901*11#
2. FCMB *329#
3. GTBank *737*51*51#
4. UBA *919*28#
5. Ecobank *326#
6. Zenith Bank *966#
7. Fidelity Bank *770#
8. First Bank *894*11# or *894#
9. ALAT Loan By Wema Bank *945*100#
10. UBA *919#
11. Unity Bank *7799#
12. Heritage Bank *322#
13. Keystone Bank *533#
14. Stanbic IBTC *909#
15. Standard Chartered Bank *120#
16. Sterling Bank *822#
17. Polaris Bank *833#
18. Jaiz bank *773#
19. Union Bank *826#

Microfinance and Organization USSD Code For Loans in Nigeria

Below are the Microfinance and organization USSD codes that you can use to take a loan in Nigeria.

1. AB Microfinance Bank *389*755#
2. Accion MFB *572*6#
3. Kwik Cash *561#
4. Aledin Nano *903#
5. Migo *561#
6. Interswitch *322#
7. Fairmoney *322*6#
8. Paylater / Carbon *1303#

Airtime USSD Code For Loans in Nigeria

To take a loan in Nigeria, the following are the USSD code for Airtime.

1. Airtel quick cash *561#
2. 9Mobile *561#
3. Mtn cash *606*4#
4. Glo cash *322*1*04225701*Amount#

Other Important USSD Codes

1. IPPIS Loan codes – Not available
2. Paylater USSD Loan Code *1303#
3. Sharpsharp Loan code ( varies, depending on the bank)
4. Kiakia Loan USSD code *561#
5. Easemoni USSD Code *347*334#
6. Sokoloan USSD Code – not available.
7. Lapo USSD Code *371#.
8. Fint Loan USSD Code – not avialable
9. Liberty Loan USSD Code *347*505#
10. Palmcredit USSD Code – Not available
11. Zedvance loan USSD code – Not available.
12. Trader Moni *540#
13. Verve ECash *322*60#
14. Paga User Service *242#
15. Payattitude *569#
16. Quickteller – Airtel, MTN & 9mobile *322#
17. Quickteller – Glo Users *805#

What is USSD Banking

According to Wikipedia, USSD is an abbreviation for Unstructured Supplementary Service Data. USSD banking is a kind of banking where transactions are carried out using your mobile devices without needing an internet connection. With USSD banking, all you have to do is dial your bank code, follow the prompt and proceed to perform a transaction.

One advantage of the USSD banking system is that you can perform a bank transaction with any type of device even if it’s the smallest device as small as the Nokia touch light.

So for people without internet access, you have nothing to worry about because you can still perform your bank transactions with your phone using your bank USSD code.

Some of the transactions you can perform with a USSD code include

1. Funds transfer
2. Buy data and airtime
3. Checking your bank account balance
4. Requesting a loan
5. Cable subscription
6. Pay bills, etc.

All you need to do is know your bank’s USSD code, create a pin and start enjoying unlimited transactions by just dialing the USSD code.

USSD code for loans in Nigeria Requirement

Before you can start using the USSD code to perform transactions for either your bank or any financial institution, you have to meet the following requirements.

For bank

As a customer in a particular bank, there are no requirements to use the USSD code other than being their customer.

However, we can say that the only requirement is that the sim card you are using to dial the USSD code should be the same sim you used for the creation of your account.