GTBank – Loan details

GTBank personal loans from ₦500,000 to ₦5,000,000 at 1.33% monthly.

Loan amount ₦500K – ₦5.0M
Interest from 1.33%
Term 6 – 12 months
Approval 24 hours

Pros

  • ✓ One of Nigeria's most recognised banks
  • ✓ QuickCredit instant salary advance (minutes)
  • ✓ Loans up to ₦5,000,000
  • ✓ Multiple channels: app, USSD *737#, branch
  • ✓ Listed on NGX and London Stock Exchange

Cons

  • ✗ Best rates for GTBank salary account holders
  • ✗ Processing days for large term loans
  • ✗ Interest rate (1.33%/month) may be higher than CBN-controlled rates

Requirements

  • Active GTBank account
  • Salary inflow history (minimum 3 months)
  • Valid ID
  • Payslips and bank statement (for term loans)
  • BVN
  • Employment letter (for larger amounts)

Company information

Guaranty Trust Bank Plc
Plot 635, Akin Adesola Street, Victoria Island, Lagos
https://www.gtbank.com

This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.