Access Bank Payday Loan

Access Bank Payday Loan: How to Qualify to Borrow, Code, Interest Rate..

Need to know how to get an instant or salary advance loan from Access? This post covers how you can qualify to borrow Access bank Payday loan.

To get Access bank Payday loan, dial USSD code *901*11#, *421*11# or use Quickbucks app and borrow up to 75% of your monthly salary at a 5.15% interest rate. No collateral is required. However, to qualify you must have a salary account. After that, you can quickly apply for this instant personal loan and repay it within 30 days using your phone number linked to your BVN and bank account – Mtn, Glo, Airtel or 9 Mobile.

So, in this post, I walk you through the A-Z of this type of Access bank loan.

Let’s start.

What is Access Bank Payday Loan

Access bank Payday loan

The Access bank (Diamond) payday is an instant loan for salary earners to borrow up to 75% of their monthly salary in advance and repay within 30 days. Whether you are an employee in the public or private sector, you are eligible to get this payday loan without giving any collateral or documentation at 5.15% interest.

To get the Payday loan from Access, it is required you have a salary account with the bank or your salary is processed through Remita. Thereafter, you are qualified to borrow up to 75% of your monthly salary. The loan is disbursed immediately or within 24 hours of application.

Therefore, you can apply to get the Access bank Payday loan through the following means:

  • Dial *901*11# or *421*11#. A phone number linked to Access bank account (Mtn, Glo, Airtel and 9 Mobile).
  • Apply through the Quickbucks app or website
  • Go to Access Mobile App and select Loans & Investments
  • Use Access Bank Internet Banking
  • Chat on Access WhatsApp Banking
  • Lastly, visit any Access bank ATM

How to Borrow Access Bank Payday Loan Using USSD Code

Applying and getting Access bank Pay day loan without collateral is easy. Below are the required steps to borrow the money using the USSD loan code:

  • Dial *901*11# or *421*11# on your Access bank registered phone line. Mtn, Glo, Airtel or 9 Mobile
  • Then, follow the on-screen instruction
  • Enter your desired loan amount
  • Accept the terms and conditions
  • Receive your Payday loan credited to your account
Access Bank Loan Code without collateral

Access Bank Payday Loan Terms and Conditions

To borrow this quick money, you must be eligible. Below are the requirements to qualify and get the Access bank payday loan:

  • Be a salary earner
  • Have an active Access bank salary account or Remita.
  • Good credit report
  • No unpaid loan
  • Apply with a phone number linked to your BVN and bank account. Mtn, Glo, Airtel or 9 Mobile.

Once you meet these terms and conditions, you are free to apply for this Access bank instant loan.

How much Access Payday Loan can you Borrow?

For the Payday loan, Access bank can borrow you a maximum of 75% of your monthly salary in advance. For instance, if your salary is 400,000 Naira you can borrow a loan between 50,000 Naira to 300,000 Naira without collateral and pay it back when you receive your next salary within 30 days.

What is the Duration of the Salary Advance Loan?

The duration of Access bank’s Payday loan repayment is within 30 days tenor or the next salary payment date. Hence, this date starts to count when the loan is approved and disbursed after you apply using the USSD code, Quicbucks app or other application means.

What is Payday Loan Interest rate?

The interest rate of the Access bank payday loan is 5.15% of the money you borrow. The breakdown is 1% flat management fee, 4% flat interest and 0.15% flat insurance of loan amount.

Access Quicbucks app

How to Apply for Access Payday Loan on Quickbucks App

Apart from using the USSD code, you can use Access bank loan app called Quickbucks to borrow money. Below are the required steps to apply for and get the Payday loan.

  1. Download the Access Quickbucks app on Google Playstore or Apple Store
  2. Sign up. Enter your required personal details
  3. After, enter your login details
  4. Choose the Payday Loan from the options
  5. Enter your loan amount
  6. Accept the Terms and Conditions
  7. Your Payday loan will be processed within 24 hours.

How to Repay Access Payday Loan

Payday loan repayment is quite easy. To pay back as a salary earner, you just have to receive your monthly salary and Access bank will deduct the loan amount before it reflects in your account. Alternatively, you can liquidate your loan by crediting your account before the due date through bank transfer.

If you fail to pay back your outstanding loan, Access bank will charge you an extra 1% penalty fee monthly and debit any account linked to your BVN until the amount is complete.

Access bank loans

Other Types of Loans offered by Access Bank

Apart from the payday loan, Access still has other types of loans you can borrow money from. Below are some alternatives loans you can get.

  • Salary Advance Loan
  • Access Personal Loan
  • Access bank Device/Phone Loan
  • Vehicle Finance
  • Home Loan
  • Advance for School Fees Loan

How to Check Access Bank Payday Balance

To check your Access bank payday loan balance, open the Quickbucks app and check the loan type and amount you borrow.

Alternatively, use the Access bank customer care contacts below to check loan balance and other enquiries:

  • +2341-2802500
  • 07003000000


What happens if I can’t pay back my Payday loan

If you can’t pay back your payday loan, contact Access bank customer care before the due date. This is because of failure to pay back, Access will charge you an extra 1% penalty fee and even debit any account linked to your BVN until the amount is complete.

Is Access Bank Payday Loan not working?

Access Bank Payday loan is working. If it is not when you dial the USSD code, try Quickbucks app or other means of application. Also, if it is not working, check if you are eligible to borrow.


Finally, I hope you now know about the Access bank pay day loan. For instance, its requirements and how to qualify to apply for this instant loan through USSD code, the loan app called Quickbucks and so on.

You can also check my previous post on various loans offered by Acess bank and their requirements.

And if you are not qualified for the Access loan, consider Kuda loan or Branch loan.

Therefore, try it and let me know your experience.

Also, leave a message in the comment section below.

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