Banks that gives Loan in Nigeria

A bank loan can be used for a variety of reasons including financial emergencies, major expenses, and as a way to build up your credit history.

Although many people prefer to ask their friends and family for a quick loan, the next best option to think of is a bank.

In this article, I am going to talk about the best choice of banks that gives loan in Nigeria.

The best choice of bank for a loan will usually offer a low-interest rate, flexible repayment terms, and little to no fees.

They will also provide helpful and accessible customer service agents and will make the application process streamlined and simple.

At best, most financial organisations now have a mobile app that is used to fast-track the customer side of banking.

In no particular order, let’s dive in.

Banks that gives Loan in Nigeria

  1. Wema Bank
  2. GT Bank
  3. Access Bank


1. Wema Bank

If you have a salary account with Wema Bank, it will be easier to obtain a loan without collateral. It is only available to confirmed employees.

You will be eligible to get x7 of your net monthly salary to a maximum of N2 million. Loans are disbursed within 48 hours.

They offer:

  • School Fees Advance
  • Wema Asset Acquisition Scheme (WASS)
  • Personal loans


2. GT Bank

The GTBank Quick Credit is one loan option from GTBank that is very easy and super fast to get. You get your funds to your bank account within two hours of approval. The more exciting part of this loan is that you only get to dial a shortcode to apply.

Like others, you do not require paperwork or documentation for the application. You can borrow up to N5 Million with ease using the GTBank Quick credit loan.

hat gives Loan in Nigeria

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