Over the past 26 years, Access Bank Plc. has evolved from an obscure Nigerian Bank into a world-class African financial institution. On February 5, 2001, Access Bank obtained a Universal Banking License from the CBN, and is currently one of the five largest banks in Nigeria in terms of assets, loans, deposits, and branch network.
Access bank has a wide range of loan services that provides you with dependable financial solutions to help you reach your goals. In this article, you will know about the loans and how to get them:
Access bank creative sector loan
The creative sector loan is a Central Bank of Nigeria initiative aimed at capacity building and employment creation for individuals and businesses currently into Fashion, Information Technology, Movie Production, etc.
How to apply for creative sector loan
- Prepare your business plan or statement on how much you want for your business.
- Go to any Access bank branch with the business plan or statement, or apply online through Access Bank’s Creative sector loan portal
- Access Bank’s Relationship officers will contact you for further discussion and process your loan request.
Lending Against Turnover (LATO)
LATO is an instant loan product for non-salary account holders who have an existing banking relationship with the Bank for over six months. LATO provides you with instant cash to be able take care of urgent financial needs that may arise when you are low on cash.
How to apply for lending against turnover loan
To apply for LATO, simply dial the USSD code *901*11#. If you are eligible, you get the loan instantly.
Access bank Personal loan
Access Bank’s personal loan is a salary-administration product designed for the employees of organizations to empower their financial independence. Customers with existing personal loans on salary accounts with Access Bank can also get access to more funds when needed.
How to apply for access bank personal loan
You can apply for the personal loan at any Access Bank branch close to you.
Requirements for Access bank personal loan
The following documents are required to apply:
- Completed Application Form
- Completed Employee Status Inquiry/Employer’s Confirmation Form
- Evidence of Confirmation (Letter of Confirmation, Last promotion letter etc.)
- Copy of Employment ID and valid means of identification
- BVN
- Credit checks
- Letter of Lien/Set off
To apply for a top up on existing personal loan, apply through the personal loan portal or visit any Access Bank branch location.
Access agent loan
This is an instant digital loan product which is targeted at Access CLOSA Agents to bridge liquidity and funding gaps.
How to apply for Access agent loan
You can request for Access Agent loan through the QuickBucks platform, available online and through the QuickBucks mobile app. Simply download the QuickBucks app on the Google Playstore or iOS App Store or visit the QuickBucks website.
Access more mileage
This product provides you the access to get a brand new cars and buses for as low as ₦170,000 monthly. You can get cars/buses like Nissan patrol, Hyundai county, etc.
How to apply for Access more mileage loan
To apply, fill the interest form on the Access More Mileage portal and you will be reached by a member of Access Bank’s team, or visit the nearest Access Bank’s branch to you.
Requirement for Access more mileage loan
- Application Form
- Pro-forma Invoice in the name of “Access Bank Plc. / Customer”
- Valid means of identification
- Letter of Introduction (for salaried customers)
- Domiciliation of salary account with Access Bank (for salaried customers)
- Employer’s Confirmation and Undertaking Form (for salaried customers)
- Recent Pay Slips / Salary Bank Statement (for salaried customers)
- Recent 2-year audited/management account (for business owners)
- Bank Statements from other banks (for business owners)
- Personal Guarantee of a director of the company (for corporates only)
- Board Resolution (for corporates only)
Consumer asset lease
This product gives you the access to a wide range of electronics and household items and repay conveniently over a period of 24 months. You can get items like generating sets, inverters, microwave ovens, etc.
How to apply for consumer asset lease
To apply, visit the nearest Access Bank’s branch to you.
Requirements for consumer asset lease
The required documents are:
- Pro forma invoice
- Completed retail lending application form
- Employer’s introduction
- Credit checks
- Valid ID
- Board/simple resolution(for business owners)
Access bank cash-backed loan
This is an instant digital loan product which is targeted at Access Bank customers with qualifying Fixed Deposit investments in the Bank and who meet the Bank’s Risk Acceptance Criteria (RAC).
How to apply for cash-backed loan
You can access instant cash-backed loans by dialing *901*11*2#.
Device finance
This loan is designed to finance the upgrade of your mobile device. You can finance your purchase with a contract arrangement that includes a monthly airtime bundle.
How to apply for device finance
You can apply via the QuickBucks app. You can download the QuickBucks app using the QR code on the Device Finance portal, or download the Quickbucks app from your app store. Then, follow the following procedures:
- Enter your email address and BVN linked phone number
- An OTP will be sent to you via SMS for verification. Upon verification, create an app password (used to log into the app) and PIN (used in transacting)
- Input personal details such as location, address, name, salary account name and number, BVN etc. Then agree/consent to terms and conditions
- Click on the ‘device finance’ console. Select the phone of your choice and fill in required details
- Click on ‘get this device’. Accept the T&C
- You will receive a transaction code via mail with other requirements for pickup of device
Easy buy finance with GAC Motors
You can get a brand new GAC GS3 or GAC GA4 at a low interest rate with the Easy Buy Finance Scheme.
How to apply for easy buy finance with GAC motors
To apply, fill the form on the Easy Buy Finance Scheme portal to get started and a member of Access Bank’s team will reach out to you. You can also visit the nearest Access Bank’s branch to you.
Requirements for easy buy finance with GAC motors
The required documents are:
- Application Form
- Pro-forma Invoice in the name of “Access Bank Plc/Customer”
- Valid means of identification
- Letter of introduction (for salaried customers)
- Domiciliation of salary account with Access Bank (for salaried customers)
- Employer’s Confirmation and Undertaking Form (for salaried customers)
- Recent Pay Slips/Salary Bank Statement (for salaried customers)
- Recent 2-year audited/management account (for business owners)
- Bank Statements from other banks (for business owners)
- Personal Guarantee of a director of the company (for corporates only)
- Board Resolution (for corporates only)
Hyundai auto loan promo
You can get selected Hyundai car models at an unbeatable interest rate with lots of freebies as a salaried, business or corporate customer of Access Bank.
How to apply for Hyundai auto loan promo
Visit the nearest Access Bank’s branch to you. You will be required to obtain Pro forma invoice from Hyundai Motors addressed “Access Bank/Customer’s name”.
Access bank PayDay loan
Payday Loan is an instant loan product for customers (both salary and non-salary earners). With Payday Loan, you can borrow money at low interest rate with no documentation or collateral needed.
How to apply for Access bank PayDay loan
You can get access to an instant loan by dialing *901*11*1# or via Internet Banking, WhatsApp Banking, Access Mobile App and QuickBucks App.
Access bank advance for school fees
Advance for School Fees scheme is designed to provide parents/guardians with short–term financing to cover tuition fees for their children/wards. It is also ideal for financing of undergraduate study, postgraduate study and professional examinations.
How to apply for advance for school fees
You can apply on the Advance for school fees portal:
- Download the attached forms on the portal(Retail Lending Application Form, Personal Guarantee Form, Statement of Personal Networth, and Corporate Guarantee)
- Fill the forms with accurate information
- Append your electronic signature (don’t know how to go about it? Very easy! Simply download any scanner app on your phone, scan your signature and save as image. Copy and paste the image on the form.)
- Send completed form and all required documents(available on the portal) to schoolfeesadvance@accessbankplc.com
- Access Bank’s team will pick it up and start processing your loan
- You loan will be approved and offer letter will be communicated for execution
- Upon receipt of executed offer letter and all necessary documents, the loan will be disbursed into your account and immediately transferred to the school’s account
Salary advance loan(SADV)
This is an instant digital loan product which is targeted at salary earners who meet Access Bank’s Risk Acceptance Criteria (RAC).
How to apply for salary advance loan
You can request for a Salary Advance Loan through any of the following ways:
- Dial the USSD code *901*11*1#
- Download the QuickBucks App, available on Google Playstore or Apple App Store.
Small ticket personal loans
This is also an instant digital loan product which is targeted at salary earners who meet the Bank’s Risk Acceptance Criteria (RAC). You can access up to 400% of your net monthly salary and repay for 12 months with Small Ticket Personal Loans.
How to apply for small ticket personal loans
You can request for a STPL through any of the following ways:
- Dial the USSD code *901*11*1#
- Download the QuickBucks App, available on Google Playstore or Apple App Store.
Access bank home loans
This is a mortgage product designed to provide financial support for the acquisition ready properties and properties under construction.
How to apply for Access bank home loans
Visit the nearest Access Bank’s branch to you to apply.
Requirements for Access bank home loans
The required documents are:
- Completed Mortgage Application Form
- Employee Status Inquiry/Employer’s Confirmation Form
- Letter of offer from the property seller
- Title document of the property
- Valuation report from any of the Bank’s approved estate valuer
- Search report
- Credit checks
Maternal health service support (MHSS)
MHSS is Access Bank’s Maternal Health Service Support specially designed to support women and families with easy and convenient options to pay for their medical procedures.
How to apply for maternal health service support
To apply, you can send an email to womenbankingteam@accessbankplc.com or call 01236-4875/01271-2005-7.
Requirements for maternal health service support
The required documents are:
- Completed MHSS application form
- Domiciliation of Salaries/ Business Proceeds
- Executed Employee Status Inquiry/Employer’s Confirmation i.e. confirmation letter/ last promotion letter.
- Copy of Employment ID and valid means of identification
- Medical bill
- BVN
- Credit checks
Access bank W Power loan
This is an on-lending facility for women owned SMEs through Access Bank.
How to apply for Access bank W Power loan
The application form can be picked up at any Access Bank’s branch or printed/filled online from (https://www.accessbankplc.com/Personal-Banking/LOANS/W-Power-Loan.aspx).
AutoClub by Access
AutoClub by Access is a one-stop shop designed to meet all your automobile needs. You can access Access Bank’s exclusive auto services from vehicle purchase, maintenance, usage to disposal, and so much more.
How to apply for AutoClub by Access
To apply, fill the interest form on the AutoClub by Access portal or visit the nearest Access Bank’s branch to you.
Need support?
If you need to contact Access Bank’s team of Experts for support, send an email to contactcenter@accessbankplc.com.
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