Instant ₦‎495k USSD Codes for Loans in Nigeria 2024

Instant ₦‎495k USSD Codes for Loans in Nigeria 2024


As a Nigerian, you may find yourself in need of quick cash at some point to deal with pressing financial obligations or emergencies. While applying for a traditional bank loan is an option, the paperwork and processing time involved can be frustrating. Fortunately, there are now instant loan options available via USSD codes that provide access to loans within minutes right from your mobile phone. By simply dialing a shortcode and following the prompts, you can have up to ₦‎495,000 credited to your account almost instantly. In this article, we provide the USSD codes for the top instant loan options currently available in Nigeria so you can get the funds you need, when you need them, without the hassle. Staying on top of your financial needs has never been easier.

What Are USSD Codes for Loans in Nigeria?

Unstructured Supplementary Service Data (USSD) codes are short codes used to access various services on mobile devices without an internet connection. In Nigeria, USSD codes are commonly used to access mobile banking and loan services. By dialing designated USSD codes on your phone’s keypad, you can apply for and access approved loans instantly.

Some of the main benefits of using USSD codes for loans in Nigeria include:

  • Convenience: You can apply for and access loans anywhere using just your mobile phone. No internet connection or smartphone required.
  • Instant access: Loan requests are processed immediately and approved funds are disbursed straight to your bank account within minutes.
  • Low eligibility criteria: The eligibility criteria to access most USSD loan services are quite low. You only need a valid means of identification, a mobile phone number, and an active bank account.
  • Multiple options: There are various loan providers and packages to choose from. You can select options that match your needs and repayment ability.
  • Affordability: USSD loan interest rates and fees tend to be lower than other lending options since they have lower overhead costs. This makes them more affordable and accessible to many Nigerians.

By using designated USSD codes, you can easily apply for and obtain payday loans, emergency loans, salary advance loans or other short-term loans instantly through your mobile phone. Be sure to compare options from different providers to get the best rates and only borrow what you can repay to avoid getting caught in a debt trap.

Instant ₦‎495k USSD Codes for Loans in Nigeria 2024

Top 5 Instant Loan USSD Codes to Get ₦‎495k in 2024

To obtain an instant ₦495k loan in Nigeria in 2024, the following USSD codes can be utilized:

2.1 *561# (First Bank)

Dial *561# on your phone and follow the prompts to access First Bank’s Quick Loan service. You will need to have been a customer of First Bank for at least 6 months and have a monthly income/pension/allowance of at least ₦50,000 to qualify for a ₦495k loan. The loan is repayable over 12 months at an interest rate of 2% per month.

2.2 7708# (GTBank)

GTBank offers an instant ₦495k loan through their GTAdvance service. Dial 7708# and select ‘Apply for GTAdvance’ to get started. You will need a GTBank account that has been active for at least 3 months, provide details of your source of income, and repayment will be deducted from your account over 6-12 months with an interest rate of 1.5% per month.

2.3 *826# (UBA)

At UBA, you can access an instant ₦495k loan by dialing *826# and following the menu to request a UBA Personal Loan. Requirements include a UBA account that is at least 4 months old, a regular income/pension/allowance of ₦50,000-₦500,000 per month and the loan will be repaid over 6-18 months at 2% interest per month.

2.4 *918# (Access Bank)

Access Bank offers Quick Bucks, an instant ₦495k loan service. Dial *918#, select ‘Request for a Quick Loan’ and provide the necessary details to apply. You need an Access Bank account that is 3-6 months old with a regular source of income. Repayment will be made over 3-12 months at an interest rate of 1.5-2% per month.

2.5 32250# (Zenith Bank)

To access Zenith Bank’s Z-Advance service for an instant ₦495k loan, dial 32250#. Requirements are similar to other banks including a Zenith Bank account that has been active for 6+ months, proven consistent income/allowance/pension and the loan is repayable over 6-12 months at 1.5-2% interest per month.

How to Use USSD Codes to Get Instant Loans in Nigeria

To access instant loans through USSD codes in Nigeria, follow these steps:

Check Your Eligibility

To qualify for most instant loans, you must be a Nigerian citizen between 18 to 65 years old, have a stable source of income, and a bank account. Some lenders may require a BVN.

Register for the Service

Dial the USSD code for your preferred lender, such as 561# for QuickCheck,56511# for Branch, or918# for FairMoney. Follow the prompts to register by entering some personal information and your bank account details. You may need to provide documents to verify your identity.

Request a Loan

Once registered, you can request a loan by dialing the USSD code and selecting the loan option. Enter the amount you need, up to the maximum allowed. Loan amounts typically range from ₦2500 to ₦500,000, depending on the lender.

Repay the Loan

Loans are usually approved and disbursed instantly to your bank account. Repayments, including the principal amount borrowed plus interest and any fees, will be deducted automatically from your account on your next payday or within 30 days. Late or missed payments may attract extra charges.

By following these straightforward steps, you can access instant cash when you need it through USSD loan codes. Be sure to borrow only what you can afford to repay to avoid getting caught in a cycle of debt. Compare lenders to find one that suits your needs with reasonable terms and interest rates.


In conclusion, the USSD code loan system in Nigeria allows you to access instant loans via your mobile phone. It is a fast, convenient way to borrow money when you need it most. While you do need to carefully consider the interest rates and terms of any loan before accepting it, USSD loans can be a lifesaver in times of financial distress or emergency. The codes provided in this article are a useful resource for any Nigerian looking to instantly borrow up to ₦495,000. By following the steps outlined, you can have the funds deposited directly into your bank account within minutes. The future of digital finance in Nigeria is bright, and services like these USSD loans are making access to capital more democratic and available to all.

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