How to get a loan from Access Bank? One of the top commercial banks in Nigeria, Access Bank provides a variety of financial services and products, including loans to both individuals and companies.

How to get a Loan from Access Bank
How to get a Loan from Access Bank

The bank provides a variety of loan products, including personal loans, business loans, loans for the purchase of assets, and loans for salary advances, among others. Keep reading so you do not miss out on any details.

How to get a Loan from Access Bank

One of the greatest bank loan services is provided by Access Bank to both people and companies in Nigeria. The good thing is that Access Bank loans don’t require any collateral, unlike conventional bank loans. Not only that, but you may also quickly have your loan funds deposited into your account by dialing the Access Bank rapid loan code using just your phone.

The loan facility offered by Access Bank, which is intended to give people and companies financial support, is one of its most popular services.

Using the code to apply for loans doesn’t require collateral or a guarantor, just like popular online loan applications in Nigeria. Both the loan application and disbursement processes go quickly. Your account will be credited within minutes after applying for a loan with Access Bank if accepted. Remember that Access Bank provides a variety of loans. Therefore, not all loans from Access Bank are accessible through the USSD code.

Payday loan service from Access Bank is the name of the straightforward approach to obtaining a loan from the bank using a USSD code. Simply call the *901*11*1# Access Bank Nigeria loan USSD Code and follow the prompts. However, all you have to do to have a more thorough procedure is adhere to the instructions listed below:

  • Step 1: A valid Access Bank account is required.
  • Step 2: Sign up for mobile banking at Access Bank.
  • Step 3: Obtain a PIN or token for mobile banking authentication.
  • Step 4: Your Access bank account should be connected to your mobile phone number.
  • Step 5: Then enter *901*11*1# as the Access Bank loan code.
  • Step 6: Next, submit a loan request by following the directions on your phone’s screen.

This is how you use Access Bank to obtain a loan.

How to Get a Loan from Access Bank Using the App

You may obtain a loan by utilizing the QuickBucks app in addition to the Access Bank phone loan code. The access bank lending app is called QuickBucks. You may quickly apply for loans with this app, just like you might with other Nigerian lending applications like PalmPay. Follow the instructions below to utilize this app for an Access Bank quick loan:

  • Step 1: Quickbucks may be downloaded from your app store.
  • Step 2: Your email address and phone number associated with your BVN
  • Step 3: You’ll get an OTP through SMS for verification.
  • Step 4: Create an app password (to be used to log onto the app) and PIN (to be used while transacting) after OTP confirmation.
  • Step 5: Sign in to the app.
  • Step 6: Select “Borrow” from the menu.
  • Step 7: Put in how much you wish to borrow.
  • Step 8: Select the tenor you like.
  • Step 9: Fill out a loan application.

It will be deposited into your Access Bank account after it has been accepted. It’s easy to apply for a loan using the Access Bank mobile app. By going to a bank location, you may also apply for an Access Bank loan. Keep reading to discover how.

How to Get a Loan from the Access Bank Branch

You may apply for an Access Bank loan in person at a bank branch in addition to utilizing the QuickBucks app and the Access Bank loan code. This is how to accomplish it:

  • Step 1: Bring a legitimate form of identification and address verification to the closest Access Bank location.
  • Step 2: Get a loan application from the customer care representative and inquire about their lending service.
  • Step 3: Complete the application for the loan you wish to take out and submit it together with any other necessary paperwork, such as a utility bill, driver’s license, and passport.
  • Step 4: If your loan application satisfies the criteria outlined in their lending policy, it will be examined and accepted. If not, they will need further documentation or inquiries from you before they can accept your application.

The loan sum will be deposited into your account after it has been authorized. Before leaving the bank’s property, it’s crucial to obtain a copy of the loan agreement from the customer care representative.

Types of Loans Offered by Access Bank

  • Lending Against Turnover (LATO)

First on the list is the LATO loan. To secure this loan, you need a phone number that is linked to your BVN and evidence that you received a salary payment in the previous month. This loan is perfect for those who need a quick cash injection to meet urgent personal needs.

  • Personal Loans

These loans are suitable for those who need funds to meet personal needs, such as paying medical bills or going on vacation. You can apply for this loan using the loan code for Access Bank.

For personal loans, you will require a filled-out application form, a signed employer’s confirmation form, a copy of your employment ID, your BVN (find out how to verify your BVN), credit checks, and a letter of lien. (Lien means the right to keep possession of property belonging to another person until a debt owed by that person is discharged.

These loans are appropriate for those who want money to cover personal expenses like paying for medical bills or taking a trip. Utilizing Access Bank’s loan code, you may apply for this loan.

  • Creative Sector Loan

These loans are suitable for those who need funds to meet personal needs, such as paying medical bills or going on vacation. You can apply for this loan using the loan code for Access Bank. The creative sector loan comes first.

You must have a business plan or a declaration of how much money you require for your company to be eligible for this loan. This loan is ideal for people in the creative sector, such as fashion designers, singers, and painters, who want capital to expand their businesses.

  • W Power Loan

The W Power loan is ideal for female business owners searching for capital. The firm must be 50% owned by women, be running for at least a year, and employ at least two people to be eligible for this loan. This financing promotes Nigerian women-owned enterprises and aims to boost female entrepreneurs.

  • Small-Ticket Personal Loan

This loan gives you 400% of your monthly net salary with a loan term of around 12 months. You must have a phone number associated with your BVN to qualify for this loan, as well as documentation showing that you were paid last month.

  • Advance for School Fees

The Advance for School Fees Loan is the last option. A properly filled application form, a fully accepted offer letter, a bill or invoice for the student’s school expenses, a valid ID card, and a recent utility bill from the previous three months are required to apply for this loan.

For parents who want money to cover their children’s school expenses, this loan is ideal. The sole loan product made available by Access Bank that may be applied for utilizing the Access Bank loan code is the payday or personal loan.

Requirements for Access Bank Loan

You must fulfill certain eligibility requirements before you may use the Access loan code to apply for a loan from Access Bank. These consist of:

  • At least 18 years of age is required.
  • You must be in good standing with Access Bank.
  • Possess a means of support.
  • An excellent credit history

You may now apply for an Access Bank loan on your phone if all of these prerequisites have been satisfied. Access Bank makes the loan application process simple and easy to understand. You may apply via the USSD code, Access Bank’s mobile app, website, or branches.

Frequently Asked Questions

  • How much can I borrow from Access Bank?

The type of loan you are seeking and your qualifications will determine how much you are eligible to borrow. However, Access Bank offers personal loans up to N50,000.

  • Does Access Bank have a loan app?

Yes, QuickBucks is a lending app offered by Access Bank. To apply for a loan, you may download it from the Apple App Store or Google Play Store.

  • Does Access Bank offer loans to students?

Yes, Access Bank does offer loans to students. However, individuals must satisfy the bank’s eligibility requirements and offer the supporting paperwork for their loan application.

  • How can I get an Access Bank loan without collateral?

By requesting a payday loan or salary advance from Access Bank, you can obtain a loan without providing any form of collateral. These loans don’t require collateral and are made to help with short-term funding needs.


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