Access Bank USSD Code for Loan: Your Complete Guide

Access Bank has revolutionized the way Nigerians access credit by providing a simple, fast, and secure USSD code to obtain instant loans without collateral. Whether you need quick cash before payday or want to cover urgent expenses, understanding how to use the Access Bank USSD loan code can save time and streamline your financial planning.

Essential Highlights

Access Bank customers can get instant loans by dialing 90111# or 42611# on their registered mobile phone.[2][3][8]
PayDay Loan is available to both Access Bank account holders and salary earners whose pay is processed through Remita.[3]
No collateral or guarantor is needed; approvals and disbursements are truly instant.[1][3]
Interest rate typically starts from 10% for Access Bank customers and 11% for others, with upfront management and insurance fees.[3]
Maximum loan amount is up to 75% of your monthly salary, capped at ₦500,000.[3]

What Is an Access Bank USSD Loan?
Who Is Eligible for Access Bank USSD Loans?
How to Apply for a Loan Using the Access Bank USSD Code
Access Bank USSD Loan Terms and Fees
Troubleshooting and Tips for Successful Applications
Why Choose Access Bank USSD for Loans?
Explore More: Related USSD Services
FAQ: Access Bank USSD Code for Loans
Further Resources

What Is an Access Bank USSD Loan?

Access Bank’s USSD loan service provides instant, collateral-free credit to eligible customers directly via mobile phones.

If you’ve ever needed urgent funds, you’ll appreciate how Access Bank’s PayDay Loan delivers fast access to cash without paperwork or bank visits. By dialing simple codes like 90111#, users can receive quick disbursements to their accounts, tailored to their salary and eligibility status.[1][2][3][8]

The process is entirely digital and caters to both Access Bank customers and specific non-customers with qualifying payment records (e.g., Remita-salaried earners).[3]

Who Is Eligible for Access Bank USSD Loans?

Eligibility for Access Bank’s USSD loan is determined by your salary status, banking relationship, and existing loan obligations.

To qualify, you need:
– To be a salary earner (either with Access Bank, or paid via Remita to another bank account).[1][3]
– A registered phone number linked to your Access Bank account or BVN.[2][3]
– No outstanding unpaid loans with Access Bank or other banks.[3]

“Your eligibility will be affected by any of the following: outstanding loans, phone number not linked to BVN, or no evidence of salary received in the previous month.”[3]

How to Apply for a Loan Using the Access Bank USSD Code

Applying for an Access Bank USSD loan is a straightforward process:

Dial 90111# or 42611# from the mobile number registered to your Access Bank account or linked BVN.[2][3][8]
Follow the on-screen prompts to select “Loans” and specify the amount you wish to borrow.
Confirm the loan offer displayed (your eligible sum will appear, up to 75% of your salary, with a ₦500,000 cap).[3]
Accept the terms and enter your security PIN to authorize the transaction.
If approved, the loan is credited instantly to your Access Bank account. Non-customers will have a new Access Bank account automatically opened, and funds disbursed there.[3]

Tip: You can also request a PayDay Loan via the QuickBucks app, Access Mobile App, Internet Banking, or WhatsApp Banking for added convenience.[3][8]

Access Bank USSD Loan Terms and Fees

Knowing the costs upfront helps you make smart borrowing decisions.

Interest Rate: 10% for Access Bank customers; 11% for others.[3]
Other Charges: 1% management fee, 0.3% credit life insurance (all taken upfront).[3]
Tenor: 30 days or until your next salary is paid (whichever comes first).[3]
Loan Limit: Up to 75% of monthly salary, maximum ₦500,000.[3]
Network Charges: ₦6.98 per USSD transaction, deducted by your service provider (except for airtime/data purchases).[5]

Troubleshooting and Tips for Successful Applications

Maximize your chances of approval by following these tips:

Always use your phone number linked to your Access Bank account or BVN to initiate the USSD request.[2][4][5]
Clear outstanding loans before applying for a new one.
Ensure your salary has been paid in the previous month and is properly credited.
For issues with linking your phone number or BVN, visit a branch or contact Access Bank support.[4][7]

If you encounter technical glitches or declined requests, double-check your eligibility, and try again after resolving the underlying issues.

Why Choose Access Bank USSD for Loans?

Speed, convenience, and accessibility are the top reasons why thousands of Nigerians trust Access Bank USSD loans.

Instant access: No paperwork, no waiting—funds in your account within seconds of approval.[1][3][8]
No collateral: Forget about lengthy documentation or finding a guarantor.
24/7 availability: Get loans anytime, anywhere—even on weekends and public holidays.
Security: USSD banking is protected by your PIN and works only from your registered phone.[4][5][7]

Explore More: Related USSD Services

Access Bank USSD goes far beyond just loans. Discover more services:

Check your account balance: Dial 90100#.[2][4]
Airtime purchase: 901Amount# for self, or 901Amount*Phone Number# for others.[2][4][6]
Fund transfers: 9011AmountAccount Number# (Access Bank); 9012AmountAccount Number# (other banks).[2][4]
Bill payments, PIN reset, and much more—see the full list of Access Bank USSD codes for details.

For a step-by-step guide to all Access Bank USSD features, visit USSDCode.co.za and their Access Bank loan code page.

FAQ: Access Bank USSD Code for Loans

1. What is the USSD code for Access Bank loans?
The primary code is *901*11#. You can also use *426*11# as an alternative, depending on your registration and eligibility.[2][3][8]

2. Can non-Access Bank customers apply for a PayDay Loan?
Yes, provided your salary is paid through Remita; a new Access Bank account will be opened for disbursement if your application is approved.[3]

3. What is the maximum amount I can borrow with the USSD code?
You can borrow up to 75% of your monthly salary, capped at ₦500,000.[3]

4. How soon do I get the money after applying?
Instantly! Once approved, funds are credited to your Access Bank account immediately.[1][3]

5. Are there any hidden fees with Access Bank’s USSD loans?
All fees—interest, management, and insurance—are disclosed and deducted upfront. There’s also a ₦6.98 network service charge per USSD session.[3][5]

6. Can I apply for another loan before repaying my current one?
No, you generally need to repay all outstanding loans before you can apply for a new PayDay Loan.[3]

7. What if my phone number is not linked to my Access Bank account?
Applications must be made from your registered number. If unlinked, visit an Access Bank branch to update your details.[2][5]

Further Resources

For more information, consult these authoritative resources:
– Access Bank Official Home
– Central Bank of Nigeria Consumer Help
– Nigerian Communications Commission: USSD Services
– USSDBanking.com: Complete USSD Loan Codes

Need more USSD codes or step-by-step walkthroughs? Browse USSDCode.co.za and the Access Bank loan code guide for regularly-updated guides and user tips.

Access Bank Ussd Code For Loan