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QuickCredit

Interest Rate  (1.33% – 5%)

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Category: Bank Tag: Salary Advance
  • Description

Description

QuickCredit


QuickCredit is a digital lending product licensed by the Central bank of Nigeria within the GTB portfolio.

 

Products

  • Salary Advance – QuickCredit Salary Advance is designed to provide loans to staff of companies, ministries, Parastatals and other government establishments whose salary accounts are domiciled with the Bank. Their Salary Advance provides financing facility from N10,000 to a maximum of up to 3 months of the borrowers salary. A maximum tenor of 365 days. The customer must have received their salary through their GTB bank account in the last 3 months.

Pros

  • High loan amount up to N5m
  • Revolving overdraft
  • Flexible repayment options
  • Maximum tenor of 12 months
  • Flexible conditions

Cons

  • Salaried employment required
  • GT Bank account required
  • Loan amount linked to salary level

Requirements

  • Completed Application Form
  • GT Bank account required
  • Salaried employment required
  • Letter of employment
  • Staff identity card
  • 3 months of account usage
  • Must be older than 18 and younger than 60 years old

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