Each and everyday, we need financial assistance to accomplish our monetary tasks in Ghana. This makes it to find out some of the lending firms operating legally in the country, and apply for an instant mobile money loan and pay later.
From bank, Savings and Loans companies and credit unions — each can give you a loan but would require that you provide a collateral before a loan is granted. This is where the MTN Qwikloan comes in as a loan offer without collateral.
Today, we shall take a look at a simple guide on How To Apply For MTN Quick Loan And Get Up To GHS 1000 in Ghana.
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What Is MTN QwikLoan Service In Ghana?
The MTN Qwikloan is an easy to apply loan offer that is faster and easier to apply of which MTN Ghana customers can apply by using their MTN Mobile Money accounts.
Qwik Loan is an innovative financial solution by afb Ghana and MTN MoMo that provides quick and convenient loan to subscribers of MTN Mobile Money in Ghana.
The MTN Qwikloan is part of the instant loans in Ghana — you could apply without any collateral today. Be it in need of emergency cash for education, business or personal use, you can apply for the MTN Qwikloan and get your cash on your mobile phone.
What makes MTN’s quick loan scheme much patronize is the fact that no collateral is needed before a loan is given, in regard to properties such as land and houses.
How To Qualify For MTN Qwikloan Offer In Ghana
Today, we shall provide you with some of the requirements needed to be able to apply for the MTN Qwikloan in Ghana for 2022.
To apply for MTN Qwikloan offer from adb, you must know these below:
- You must be 18 years and above
- You must be an MTN Ghana subscriber for more than 3 months
- You must be registered on MTN Mobile Money service
- You must use the MTN MoMo service actively for transactions such buying airtime, sending and receiving money, paying bills, and data bundles.
How To Get Up To GHS 1,000 MTN Qwikloan Offer
- Before you can apply for MTN Qwikloan and get up to GHS 1,000 in Ghana, you should make sure you repay any loan you have taken before on the due time. Repaying a loan you have taken in the due time makes you qualify for a chance of getting a higher loan.
- Make sure you have a lot of activity in your MTN Mobile Money wallet to qualify for the loan.
How Can I Borrow MTN Quickloan?
This is a complete steps on how to apply for MTN Qwikloan and get up to GHS 1,000 in Ghana.
How to borrow from MTN QwikLoan
- Dial *170#
- Choose the option 5 — Financial Services option.
- Choose option 3 — for Loans.
- Choose option 1 — for Qwikloan.
- Choose option 1 — Get a Loan.
- Enter your MoMo PIN Number to confirm
- Choose your loan amount
- Confirm your repayment plan (Number of days to payback)
- Follow the prompt to continue and get your loan of GHS 1,000.
MTN Qwikloan is a short-term cash loan that requires no collateral paid into one’s MTN Mobile Money wallet.
After your loan application is approved, you should receive a notification via SMS to confirm your loan from MTN Ghana and afb bank. Always keep note of the repayment amount with an interest rate of 6.9% on the due time.
Frequently Asked Questions About MTN Qwikloan Service In Ghana
The MTN Quick Loan Code in Ghana is the *170#, used for MTN Mobile Money service.
The MTN Qwikloan defaulters are people not yet paid for their MTN Qwikloan. A 12.5% penalty of any amount that remains unpaid on the due date shall automatically apply for defaulting subscribers of the mobile lending service, the terms and conditions of the policy has revealed.
If you are looking for the MTN Qwikloan contact number, you can contact MTN Ghana for more help. MTN Quick Loan Contact Number near Accra can be accessed from any nearby MTN Office in Accra.
The best way to qualify for the MTN Qwikloan offer, is to be repaying your loan amount in due time. Check our useful guide above here.
The MTN Qwikloan defaulters are those who are not entitled to take new loans until an outstanding amount of loan is paid.
I believed this article guide has walk you through the steps on how to get up to GHS 1,000 loans within some minutes in Ghana.
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