The typical process for obtaining a loan includes opening an account with a bank, visiting the bank, meeting with your account officer or the bank’s lending officer, filling out a loan application, and then, hopefully, waiting for your loan to be granted. That’s a lot of stress and paperwork there, especially given how simple it is to transmit a USSD code to your preferred loan platform to acquire a loan right on your mobile – at the comfort of your home.
Now that there are so many codes, it might be simpler to obtain loans quickly. However, before taking out a loan facility, we firmly advise against rushing into loan decisions without first evaluating loan offers from several lenders.
What is USSD?
The Global System for Mobile Communications (GSM) protocol known as USSD (Unstructured Supplementary Service Data) is used to convey text messages. This messages are similare to Short Message Service (SMS).
The characters in a mobile phone are used to create the codes used by USSD. A real-time communication session between the phone and another device—typically, a network or server—is established allowing a USSD message, which can be up to 182 characters long to be sent.
The finest communications technology currently in use for providing and delivering mobile financial services is USSD codes. USSD is the principal communication method used by the majority of large and medium size mobile financial service installations in Nigeria.
For instance, the IPPIS loan USSD code is a quick cash loan code popularly used by loan applicants to easily apply and get loans in minutes. Other popular USSD codes, which you’re going to see in the table below are: Paylater USSD code, Easemoni USSD code, Kiakia loan USSD code, Renmoney USSD code, Zedvance loan USSD code, C24 loan USSD code, Okash loan USSD code, Liberty loan USSD code
How USSD is used
There are numerous uses for USSD codes in Nigeria, including the following:
1. Mobile banking: USSD banking can be used on any mobile device, even feature phones, in contrast to banking apps that require an internet connection and smartphone functionality.
2.Network configuration: A user’s mobile device is set up on the network using USSD. Additionally, it offers a menu of service alternatives from which a user can pick while doing things like ordering airtime or requesting account balances.
3. Customer requests: In order to obtain updated client information, USSD can link with customer relationship management (CRM) and enterprise resource planning (ERP) systems. Better customer service and data accuracy are made possible by this.
4. Market research: Mobile marketing can make use of USSD. Companies can obtain client feedback in real time by sending simple marketing questionnaires, for instance, that users can react to right away.
5. Telephone services: By allowing clients to request callbacks after presenting their offerings, service organisations like insurance companies and financial services firms can use USSD to ascertain customers’ interests.
6. Confirmations of orders: In order to enable two-way communication between customers placing orders and the vendors, food delivery services can employ USSD. This will allow customers to be notified when their orders are being delivered.
7. Vouchers and coupons: Retailers can send coupons and vouchers to clients as well as announce special offers to them using USSD.
Here are USSD shortcodes to borrow loans in Nigeria without using the internet—just your phone.
List of USSD Shortcodes to Borrow Quick Loans in Nigeria
|S/N||Bank/Company||Short code to borrow loans||Quick Cash Loan Code Guides|
|1||access bank loan code||*901*11*1#.||To get a loan with a USSD code, kindly dial *901*11*1#, and follow the prompts on your device.|
|2||Migo loan USSD code||*561#||Dial *561# from any mobile phone. Select ‘Loans’Navigate to ‘Pay Loan’Select the ‘pay with phone” option from the list of payment methods|
Select ‘add card’ and follow the instructions on how to register a cardConfirm payment and you will receive a confirmation message for your payment.
|3||GTB loan code||*737*51*51#||Dial *737*51*51# on the phone number you used to register your account.|
|4||UBA loan code||*919*28#||The UBA Bank Nigeria quick loan code is *919*28#. It is available to all UBA account holders in Nigeria.Step 1: Dial *919*28# for you to get started on accessing your loan.Step 2: Enter the amount you would wish to get.Step 3: Select the period you would wish to pay the loan you are getting.Step 4: Select finish and your loan shall be approved within a few minutes|
|5||Zenith bank loan code||*966#||Dial *966*Amount*Account Number# (e.g. *966*1000*1234567890#) from the phone number you registered with Zenith Bank, then follow the on-screen|
|6||Kiakia loan USSD code||no Kiakia loan USSD code|
|7||First Bank loan code||*894*11#||Dial *894# to connect to FirstBank’s USSD Banking, select 3, [Get Loans]or *894*11#|
The next menu shows your eligible loan amount
Input desired amount and send
Interest rate, management fees and Insurance are displayed
Input a five-digit transaction PIN to accept terms and conditions
The loan is disbursed into your salary account within minutes.
Your account is debited for a management fee, interest rate, insurance and VAT as upfront fees and charges. Upon receipt of salary or 30 days (whichever comes first), your account is debited for Principal repayment
|8||FCMB loan code||*329*11#||Application for FCMB loan is by dialling USSD code *329# and then following the prompt instructions|
|9||lcredit loan code||LCredit does not provide USSD banking services|
|10||Gtbank loan balance code||*737*6*2#||Dial *737*6*2# and follow the prompt instruction to get GTB loan Balance|
|11||Fairmoney loan USSD code||*322*2#|
|12||Union Bank quick loan USSD code||*826*41#||To obtain a Union bank loan, get started by dialling the USSD code – *826*41#. On dialling the code, a series of options would pop up|
|13||Sterling bank loan code||*822#||The code to borrow money from Sterling Bank Nigeria is *822#. You can access the code on your mobile phone number linked to your Sterling BankBefore you can use the code to borrow money from Sterling Bank, you must activate their USSD banking service on your phone|
|14||Carbon loan USSD code||*1303#||The Carbon PayLater USSD code can be used on both MTN and 9mobile platforms by dialling *1303#. To access a Carbon loan via USSD code, simply dial *1303#. This code allows you to access to Carbon loan from your mobile phone and works for both MTN and 9mobile.|
|15||Fidelity loan code||*770*999*08#||The Fidelity Bank borrow code is *770*999*08#. It is available to all Fidelity Bank Nigeria customers registered for USSD banking on their mobile phones|
|16||Liberty loan USSD code||*347*505#||Liberty assured – Use the USSD code *347*505# No app required, no data required|
|17||Stanbic IBTC bank quick loan code||*909*44#||For direct access to Stanbic IBTC Ez Cash, the code is *909*44#. After dialling this, just make sure to follow the prompts as fast as you can as the code times out in seconds|
|18||zenith bank easy loan USSD code||*966#||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|
|19||diamond bank loan code||90111#||To request a PayDay Loan, customers who have their salary accounts in Diamond Bank should simply dial 90111# on their mobile phones and follow the prompts|
|20||Palmpay loan code||–||USSD code — At this moment Palmpay does not have an official USSD code to borrow loans.|
|21||Easemoni loan code||*347*334#||EaseMoni loan code is *347*334#. Dial this code on your phone and enjoy a seamless and quick loan from anywhere in Nigeria. It is the fastest and easiest way to borrow money today. No need for collateral or any paperwork|
|22||Branch loan code||“You need to add a GTB, Sterling, UBA, or Zenith bank account to your Branch account in order to repay your loan through USSD. Go to the “My Account” tab on your app, touch “Bank account,” then tap “Add account” to add one if you haven’t already.|
Tap the “Make a Payment” button under “My Loan.”Tap “Continue” after choosing or entering the repayment amount.
Choose the USSD option on the “Select Repayment Method” screen and then touch “Continue.”Verify the payment.
You’ll see a screen with the words “Complete USSD Payment” on it. To access the dialer on your phone, tap the “Dial” button.In order to dial your specific USSD code, press the call button on your dialer. You’ve already been paid. If successful, your account will automatically be updated in a matter of seconds.”
|23||Quickteller loan code||*322*6#||Just dial *322*6# and follow the prompt. 2 options will be presented to you: ” request loan & borrow airtime”. After dialling the shortcode|
|24||IPPIS loan code||USSD code — At this moment IPPIS does not have an official USSD code to borrow a loan.|
|25||Zedvance loan USSD code||*5858#||Here are 5 steps required for a loan application through the USSD channel:|
1. Dial *5858# Getting started is as easy as dialling *5858# on your mobile phone. Just ensure that the phone number is the same as the one linked with your Bank Verification Number (BVN).
2. Apply for a loan
Click on the loan application (option 1).
3. Select a loan amount
You can select your preferred loan amount and convenient tenor.
4. Accept loan terms & conditions
Read the simple terms and conditions and click on Accept if you are fine with the T&Cs of your loan.
5. Confirm disbursement account; your loan will be disbursed into your salary bank account.
|26||Momo agent loan code||*671#||By dialling *671# on any network, MTN says customers can open a MoMo wallet, send money to any phone number in the country and pay their bills.|
|27||Wema bank loan code||*945*65#||The WEMA Bank USSD code for loans in Nigeria is *945*65#. Simply dial *945*65# and follow the prompts to get loans in Nigeria from WEMA Bank.|
|28||Polaris loan code||*833*12#||All you need do is to dial *833*12# to connect to Polaris USSD Banking; a dialogue box appears showing the customer’s eligible loan amount and the option to input the required loan amount|
|29||MTN loan code||*606#||To borrow real money from an MTN network provider, you must be an eligible customer of the XtraCash plan and to become one, simply dial *606# which is the official MTN Cash Loan code|
|30||Sterling bank payday loan code||*822#||Sterling Bank Payday Loan Code — The code to borrow money from Sterling Bank Nigeria is *822#. You can access the code on your mobile phone number linked|
|31||Airtel loan code||*500#||Airtel Credit Loan Service is a credit loan service that enables eligible customers to borrow data on credit and pay it back upon the next recharge. The loan is accessed through the *500# code on any airtel registered sim line.|
|32||Ferratum loan code||*322*6#||To apply for the loan, you have to follow the instructions outlined below; · Dial the USSD code *322*6# on your mobile phone. · Follow the prompts|
|33||Jaiz bank quick loan code||*773#||The Jaiz bank USSD code is *773#. After dialling this code on their phone, customers can follow the prompt messages to carry out any transaction|
|34||Kuda bank USSD code for loan||*894#||Dial *894*amount*Kudan account number#|
|35||payattitude loan code||*569#|
|36||Jumia loan USSD code||At the moment, you can only use the JumiaPay Android app.|
|37||Kwikmoney loan code||*561#||With KwikCash, you can access loans of up to N100, 000 just by dialling *561# with your Etisalat line and getting credited in minutes. Follow these 5 easy steps to use KwikCash: Step 1: Dial *561# Step 2: Follow the USSD menu to ”Request Loan”|
|38||imoney loan code||At the moment, you can only use the iMoney Android app.|
|39||Nano loan code||*903#||Aledin Nano loan code – *903#|
|40||Kwikcash loan code||*561#||Simply by dialling *561# you can enjoy the service as it presents no hidden terms and conditions as long as you are eligible to apply dial code *561# then select loan amount; Input the loan amount you needed and add your Bank details|
|41||Alat loan code||*945*65#||ALAT Loan By Wema Bank – *945*65#. The WEMA Bank USSD code for loans in Nigeria is *945*65#. Simply dial *945*65# and follow the prompts to get loans in Nigeria from WEMA Bank|
|42||Interswitch loan code||*322#||Access loans on the go. Quickteller loans are accessible via the Quickteller website, Quickteller mobile app or *322#.|
|43||Etisalat loan code||Access the Kwikcash Etisalat loan when you dial code *561# then select loan amount · Input the loan amount you needed and add your Bank details|
|44||Newcredit loan code||At the moment, you can only access the Newcredit loan via the mobile app|
|45||EZ cash loan USSD code||*909*44#||For direct access to Stanbic IBTC Ez Cash, the code is *909*44#. After dialling this, just make sure to follow the prompts as fast as you can as the code times out in seconds|
|46||Baobab loan USSD code||*732*348#||Baobab Microfinance Bank has continued to invest in technology to create value for customers and reach the unbanked with its digital transformation project. Presently, the e-payment channels deployed by the bank include USSD, with code *732*348#|
|47||opay loan code||*955#||Opay Loan USSD CodeThe Opay USSD code is *955#. This works when you already have an account created on the platform. The code provides you with a seamless experience while making transactions on your account. OKash (a subsidiary of OPay) is a reliable loan service provider that offers quick loans in Nigeria|
|48||c24 loan USSD code||At the moment, you can only access C24 loan via the mobile app|
|49||taj bank loan code||*989#|
|50||Carbon loan code||*1303#||Carbon Paylater USSD code can be used on both MTN and 9mobile platforms by dialling *1303#.|
|51||Ecobank loan code||*326#||Ecobank Xpress loan allows customers who have Ecobank Xpress Save account to access a microloan as cash. Application for this loan on our digital platform can be accessed using USSD code – *326#.|
|52||Renmoney loan USSD code||*723*73001#||Renmoney loan USSD code is *723*73001#|
|53||Palmcredit loan code||Currently, you can make use of the mobile app to borrow loans.|
|54||Keystone loan USSD code||*7111#||*7111# Keystone Bank USSD service (*7111#) is one of the Bank’s strategies to promote financial inclusion. It’s a quick, secure and easy way for all Keystone Bank customers to perform banking transactions at their convenience, regardless of their type of mobile device.|
|54||Okash loan code||*955#|
|55||Paga loan code||*242#|
|56||9credit loan code||–||Currently, you can only make use of the mobile app to borrow loans.|
|57||Heritage bank instant loan code||*745#||Heritage Bank USSD code *745# assists the bank customers in sending money and obtaining loans|
|58||Glo cash loan code||*321#||Glo cash loan code *321#|
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