How To Apply For MTN Qwik Loan In Ghana

How To Apply For MTN Qwik Loan
How To Apply For MTN Qwik Loan

How To Apply For MTN Qwik Loan

In case you didn’t know. MTN Ghana now gives loan to it users at interest rate of 6.9% but there are Terms and Conditions attached to it as every Loan has T&C.

The MTN Qwik Loan service offered by AFB Bank and is for only MTN selected numbers and there is no need to save at AFB Bank before getting the loan.

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How To Apply For MTN Qwik Loan

  1. DIAL *170#
  2. SELECT- number 6
  3. SELECT -Savings and Loan QWIK LOAN
  4. REQUEST LOAN
  5. ENTER MM PIN NUMBER TO CONFIRM
  6. WAIT FOR CONFIRMATION
  7. If your application is approved, the Lending Institution shall send an SMS to you to confirm:
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HOW TO GET BIGGER LOAN AMOUNT

If you want to get bigger loan amount, keep taking loans and repay on time every time you take the loan.

REPAYMENT OF THE LOAN

Repayment of the loan is by automatic deduction payable amount from your MTN Mobile Money Account on the Due Date. If any portion of the Repayment Amount remains unpaid after the Due Date any funds deposited into your MTN Mobile Money wallet will be automatically deducted until repayment of the outstanding balance has been payed.

You can also choose to pay the money directly into AFB’s account on or before the Due Date by using the repayment option on the loan menu. No refund of part of the finance charge shall apply in respect of early settlement of the Repayment Amount.

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A penalty of 12.5% of any amount that remains unpaid on the Due Date shall automatically apply if you fail to repay the Repayment Amount in full by the Due Date.

ENJOY !!!!!!

 

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