Are you a salary earner who at some point need funds to meet some of your need? the this Article is put up to guide you on How to Get a GTB Salary Advance in Nigeria in order to meet your need
The benefit of applying for GTBank salary Advancement
- Up to 50% of the net monthly salary in advance
- Tenor of 30 days. Renewable monthly.
- No collateral is required.
- Minimum salary of N 25,000 for the public sector and N 50,000 for private-sector employees.
- A salary advance will be made available within 24 hours.
Who can Apply for GTB Salary advance?
You can get up to 50% of your net monthly salary upfront. This salary advance is available to the staff of the bank, private companies, and government agencies with active salary accounts domiciled in GTBank.
Requirement To apply for GTB salary in Nigeria
Note: before anyone can actually apply for salary advance in GTB in Nigeria, you must meet the below requirement
- Have a bank account with GTB
- Must be a salary earner
- Must be earning 25,000 or upward
- Your account must be active for more than 6 months
GTB Salary Advance: It’s a type of account designed specifically for salary earners, and it helps all GTB customers who earn monthly salaries receive their pay when it’s due.
Guarantee Trust Bank (GTB) is a place where you can save and withdraw your money or receive your salaries and has launched a ‘salary advance’, which is designed to meet the urgent needs of customers who have salary accounts with the bank.
Based on bank policies, customers can apply for a salary advance of up to N1 million at a time and pay it back over at the end of the month. You can also get up to 50% of your net monthly salary upfront.
Talking about the salary advance, The Guarantee Trust Bank (GTB) of Nigeria, identified that some customers have begun to enjoy the service after eligibility was confirmed in less than a minute.
LEARN MORE ABOUT ACCESS: Complete Access bank USSD code for transaction in Nigeria
How many hours does it take to get GTB salary advance
GTB salary Advance takes 20 minutes to be ready if you are qualified. the reason is that UBA does not charge any fees for opening a salary account online, but you may ask to deposit some amount of money on the account to activate it.
Note Ater all this, the bank teams have to review your application if you meet the requirements or qualify and if you are approved your salary advance will be available in some minutes
Simple steps to How to Apply for Salary Advance in GTB Nigeria
How to Apply for Salary Advance in GTB Nigeria
- Simply log in to Internet Banking
- Dial *737*8*2# to apply
- Visit any GTBank branch or ATM near you
Repayment
This Salary Advance is to be fully repaid monthly upon receipt of the Borrowers salary into his or her account maintained with the Bank
Security/Comfort
Domiciliation of the borrower’s salary with GTBank or deduction from salary for loan obligations from salary for loan obligations from the pay point
These fees are not an integral part of the interest rates
