Zenith bank loan code: How to get a loan from zenith bank - Startuppreneur

Zenith bank loan code: How to get a loan from zenith bank

Zenith bank is one of the bank that give instant loan people in Nigeria. Their loan is fast and it is without collateral or paper work by just dialing a code on your phone you will get the loan.

What is zenith loan

Zenith loan is a loan from zenith bank. They have deferent loan product but the one that can be obtain with a code is personal loan and salary advance loan which is what this article is all about.

Types of loan you can get from zenith bank with a code

Zenith bank has many loan product but the one you can get with a USSD code are

Personal loan
In this loan product you can get up to #500,000 loan without collateral or guarantor. The repayment period can be up to 6 months and the interest can be up to 20%

Salary advance loan
This loan is proportional to your salary, you will be given 80% of your salary as loan for instance if you are getting up to #100,000 per month you will be eligible for #80,000.

The pay back period is 1 month and you need to have your salary account with zenith bank before you can obtain this loan

Requirement for zenith bank loan

You need to have account with zenith bank

You must have activate ussd transfer code

You must not have defaulted on any loan before

You must have a good credit score.

Zenith bank loan code and how to get a loan

Dial the code *966# on the sim connected to zenith bank

If you have not activate the USSS code

It will prompt you to in put the last 3 number of your ATM card, do so

It will pop out your account information

If it is yours click continue

On the menu you will see loan option click it and follow the prompt

Once your application is successful your loan will be disburse in minutes, it does not take times

How much you can get from zenith bank with code

You can obtain up to #500,000 with out collateral or guarantor provided that you have a good credit score.

Interest rate and pay back period

The interest rate depend on the amount of loan secure and the repayment period but it is usually between 5% to 25% and the repayment period is between 1 month to 6 months. If your loan is salary advance you have just a month to pay back.

Repaying your zenith loan

You don’t need to worry yourself, the loan will be automatically deducted once the due date is reach, just ensure you have money in your account.

What I like about zenith bank loan

The loan is fast
You don’t need collateral or guarantor

What I don’t like about zenith bank loan
You need to have account with them
Without a good credit score you will not be eligible for the loan


Above is how to get loan from zenith bank with code. Though it is easy and fast, I will urge you to get loan that you know you cab pay back to avoid had I know.

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