MTN Qwikloan is a fast and instant way by which MTN Ghana clients can access loan up to GHC 1000 with MTN Mobile Money Platform.
Qwik loan was initiated by MTN Ghana in collaboration with Afb Ghana to allow MTN Ghana customers get a loan without hustle.
With qwikloan, everything happens on your phone, no need to go to the bank and join queues to access loan.
It comes in handy when you need some cool money to purchase something or start a business.
The entire application process is simple and straightforward. We have divided it into sections. Use the table of content to skip to any sections you want. Let’s get started.
- Your mobile money wallet must be active
- You must be above 18 years of age
- You must be a customer for more than 90 days
- You can only apply for one active Qwikloan at a time.
Application process (How to apply for the loan on MTN Mobile Money)
Simply pick your phone and follow the below steps
- Dial *170#
- Choose option 6 – Savings and Loans
- Select option 2 – Qwikloan
- Select option one – Request Loan
- Enter MM Pin Number to confirm
Patiently wait for confirmation.
You’ll receive an SMS if your application is approved
How to qualify for bigger loan amounts
You should keep taking loans and repay on time to qualify for a high amount.
How to repay your MTN Qwikloan
MTN Qwikloan automatically deducts the payable amount from your MTN Mobile Money Account when the date is due.
Qwikloan is a 30-period loan. You can repay loan anytime by selecting repay loan option on the MTN Qwikloan menu.
To repay your loan manually, deposit money into your wallet before the due date to repay the loan.
Go ahead and apply for that loan.
Frequently asked questions.
HOW CAN I BORROW MONEY FROM MTN?
ANS: You can borrow a loan from MTN using MTN Qwikloan service.
HOW DO I CHECK MY Mobile Money Wallet?
1. Dial *170#
2. Press # for next page
3. Choose option 10 – Wallet
4. Choose option 1 – Check balance
5. Enter MMI Pin to see your balance
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