Guarantee Trust Bank (GTB) is one of the most powerful financial institution in Nigeria and Africa at large. Ever since it started its operations in February 1991, GTBank has seen a huge surge into a powerful position in the financial sector in Nigeria.
GTB offers financial services and solutions such as individual banking, cooperate banking, retail banking, investment banking, loan and credit bureau etc to the public.
This bank currently operate in 10 African countries including the United Kingdom and have over 24-Millions customers across Africa alone.
GTBank Salary Advance Summary
Not quite long ago, GTBank Nigeria introduced a new financial service to its customers - a salary based temporary overdraft (loan), which can be simply refers to as 'GTbank salary advance'.
The GTBank salary advance is a kind of overdraft that is based on the payday or cash advance principle offered by GTBANK NIGERIA. Inother words, salary advance is also the same as or can be referred to as PayDay Loan.
This type of loan by GTbank was introduced to provide financial supports to staff of private companies, government agencies and other salary earners. It's also available almost immediately after loan application.
GTBank salary advance allows customers to get up to 50% of their net monthly salary in advance, to meet up with their financial needs. One of the benefits of this loan is that you will have loan tenure of up to 30 days, and you can apply monthly.
In addition, GTbank salary advance is an unsecured loan and therefore doesn't need a collateral or paperwork. All that's needed processing is your salary account.
How to apply and get GTBank salary advance
I have discussed three different methods to apply for GTBank salary advance in Nigeria. So, follow any of these methods to apply and get GTBank salary advance loan.
Apply for salary advance via GT-World
If you have registered your GTbank account via GT-WORLD mobile app, kindly 'login to your dashboard with your user ID and password'.
Then, tap apply for loan and select salary advance. Next, fill out the salary advance request form with the right information such as account to credit, loan amount, terms & conditions and click continue to proceed.
Next, input your transaction PIN to complete your loan application.
Apply for salary advance via GTBank Internet Banking
If you manage your GTbank account via internet banking instead of GT-World mobile app, you can also apply for GTBank salary advance loan through this method. To do so, follow the below instructions.
Go-to ibank.gtbank.com and login your internet banking account with your user ID and password. Click on quick loan and select salary advance.
Next click new request and fill out the salary advance request form with the right information; account to credit, loan amount, terms & conditions, as it was also required in the GT-World method of requesting.
Next tap continue and input your transaction PIN to submit loan application.
Apply for GTBank salary advance using USSD
Dial *737*8*2# on your mobile phone, on your GTbank registration phone number to apply for salary advance. From the prompt, select salary advance amount.
Next, you’ll need to enter your USSD transaction PIN or the last 6 digits of your debit card – depending on what you see, submit your loan application.
Do note that you must have a running salary account with GTBank, that's one of their eligiblity requirements to get a salary advance. In addition, If your loan request is approved, it will be disbursed into your GTBank account within 24 hours.
FAQs about GTBank salary advance
How Long Does It Take To Apply For The GTBank Salary Advance?
The loan application process usually takes within 24 hours, after which the loan will be disbursed inside your GTbank account.
How Much Salary Advance Can You Get From GTBank?
GTbank Salary Advance enables users to borrow a minimum of N 25,000 if you’re a civil servant or N 50,000 if you work in the private sector. As for the maximum amount, funds are borrow able up to 50 percent of your monthly salary.
Finally, there you have it. Considerations before applying and how to apply for GTbank salary advance. However, if possible you're not eligible or your loan request got disapproved, you can go for GTbank Quick Credit.
The only requirement to get Quick Credit Loan from GTBank is making minimum of N10,000 into your bank account every month.
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