GTBank Launches Quick Airtime Loan at 2.95% Interest

Guaranty Trust Bank (NGX: GTCO) Ltd (GTBank), a flagship bank of GTCO PLC, has announced the launch of its Quick Airtime Loan service, which enables customers to access instant airtime credit of up to ₦10,000 by dialing *737#. The service is available across major mobile networks in Nigeria and offers a competitive interest rate of 2.95%, significantly lower than the typical 15% charged by competitors in the airtime credit market.

This initiative is designed to assist customers in maintaining connectivity during critical moments. Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, stated that the product reflects the bank’s commitment to delivering practical digital solutions tailored to real customer needs.

The Quick Airtime Loan is part of GTBank's strategy to broaden access to financial services and is built on the capabilities of the Habaripai platform, reinforcing GTCO's strategy to diversify financial services. This launch continues GTBank's tradition of digital innovation, following the successful adoption of its QuickCredit product.