Complete List of all of USSD Codes for Loans in Nigeria

Before, the usual way to get a loan entails opening a bank account, going to the bank, meeting with your account officer or the bank’s lending officer, filling out a loan application, and waiting, hopefully, for your loan to be approved. Not to mention a lot of paperwork involved; at times, you will need a legal practitioner.

Thankfully, today, you can request a loan at home, and it can take less than 10 minutes for approval. Many banks and financial organizations give their customers many options to request a loan. The most common ones are mobile loan apps, websites, and USSD codes. Of all these options, the most convenient, the easiest method I prefer is via USSD codes.

This article gives you a complete list of all USSD codes for loans in Nigeria for Banks, Microfinance, and Financial organizations. Registering on this platform is easy, and requesting loans via USSD codes is also simple.

Before rushing to request a loan, it is advisable to check out their interest rate, terms, and conditions and also compare different Loan platforms to choose the right one for you.

Before we get to the USSD codes for loans in Nigeria, let’s quickly examine what USSD and USSD Banking are all about. If you are in a hurry, you can jump to the information you are searching for.

What is USSD?

USSD is an abbreviation for unstructured supplementary service data. It may appear hard and rapidly become technical, but there are two crucial elements to understand for financial inclusion. First, when you dial a number beginning with * and ending with #, you are utilizing USSD. Second, USSD is currently the best communication technology for delivering mobile financial services to low-income customers.

You can use USSD for various purposes, including callbacks, mobile money, content, information, and network configuration. In this scenario, we’ll look at how you can use USSD in banking.

What is USSD Banking?

USSD Banking allows users to make transactions with their phones without connecting to the internet. Users who do not have a smartphone or data/internet connection can use mobile banking by dialing the *99# code. Fund transfers, checking account balances, and producing bank statements are all possible uses of USSD-based mobile banking.

The primary goal of the innovative *99# payments service is to enable financial inclusion and integration of the underbanked and economically disadvantaged portions of society into mainstream banking.

How to apply for loans Using USSD codes

Borrowing loans using the USSD code is straightforward, but you need to do things before you can start enjoying this benefit.

  • First, you need to know about the loan provider, their interest rate, loan repayment period, loan limit, terms, and conditions.
  • Register with the loan provider. In the case of your bank or Network provider, you might not need to do anything, but when it comes to microfinance or other loan providers, you might need to register. Again, depending on the loan provider, this could also be done using USSD codes.
  • Get the Functional USSD code required to request loans.
  • Dial the code
  • Follow the onscreen instructions
  • Wait for approval
  • Receive your loan in your bank.

USSD codes for loans in Nigeria

The following list is the complete USSD codes for loans in Nigeria. The list is divided into three groups, Bank USSD codes, Telecommunication USSD codes, and other financial organization USSD codes.

Bank USSD codes for loans

  • AB Microfinance Bank (*389*755#)
  • Access Bank Payday Loan (*901*11#)
  • Accion Microfinance Bank (*572*6#)
  • ALAT Loan By Wema Bank (*945*100#)
  • Ecobank Xpress (*326#)
  • FCMB (*329#)
  • First Bank First Advance (*894*11# or *894#)
  • GTBank Soft Loan (QuickCredit) (*737*51*51#)
  • Interswitch (*322#)
  • UBA Loan Code (*919#)
  • Unity Bank Loan Code (*7799#)
  • Zenith Bank Loan (*966#)

Network Providers Codes for loans in Nigeria

  • MTN Cash (*606*4#)
  • Glo Cash (*322*1*04225701*Amount#)
  • Airtel Quick Cash (*561#)
  • Etisalat  (*561#)

Other Microfinance and Organization USSD codes for loans

  • Quickteller Loan (Airtel, MTN & 9mobile) (*322#)
  • Quickteller – Glo Users (*805#)
  • Paga (*242#)
  • Fairmoney Loan (*322*2#)
  • Trader Moni (*540#)
  • Aledin Nano (*903#)
  • Carbon Loan (*1303#)
  • Payattitude (*569#)
  • Kwikcash (*561#)
  • Migo Loan (*561#)
  • Paylater USSD Code (*1303#)

Requirements for Getting Loans Using a USSD Code

As I mentioned, you will need to register with any loan platform before starting to lend money. Of course, registration can also be done using your phone, but there are a few things you have to provide before you can grant your loan.

You don’t need to create an account for banks or network providers you already have accounts with. But registration is necessary for some financial organizations that don’t have any information about you. Most of these financial organizations request the following;

  • Your Name
  • BVN
  • Account Details
  • Address, and some other information.

And don’t forget that you have to check each loan provider’s interest rate and run away from anyone that charges you very high interest.

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Victor Smith
Victor loves talking about Tech and he reviews a lot of gadget. His Reviews are based on his use of this gadgets and his opinions about them.


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