In this article, we will guide you through the steps involved in registering for MTN Qwik Loan in Ghana. Getting a quick loan can be a lifesaver in times of emergencies.
MTN Qwik Loan is a mobile money service that allows MTN customers to access instant loans without collateral. This service is available to all MTN subscribers in Ghana, and the registration process is straightforward.
MTN Qwik Loan is a service that allows MTN customers in Ghana to access quick loans ranging from GHS 10 to GHS 1000. The loan is payable within 30 days, and the interest rate ranges from 6% to 9% depending on the loan amount and duration.
This service is available to all MTN customers who have been registered on the network for at least three months and have a good repayment history.
How to Register for MTN Qwik Loan in Ghana
To register for MTN Qwik Loan, follow these simple steps:
Step 1: Dial the USSD code
To register for MTN Qwik Loan, dial *170# on your mobile phone and select option 5 (Financial Services).
Step 2: Select MTN Qwik Loan
After selecting Financial Services, choose MTN Qwik Loan from the options provided.
Step 3: Accept Terms and Conditions
You will be presented with the terms and conditions of the service. Read and accept the terms and conditions to proceed.
Step 4: Enter Loan Amount
Enter the amount you wish to borrow. You can borrow any amount between GHS 10 and GHS 1000.
Step 5: Confirm Loan Request
After entering the loan amount, confirm your loan request. You will receive a message confirming your loan request and the amount approved.
Step 6: Receive Loan
The loan amount will be credited to your MTN Mobile Money account, and you will receive a notification of the loan disbursement.
Repaying MTN Qwik Loan
MTN Qwik Loan is payable within 30 days from the date of disbursement. To repay the loan, follow these simple steps:
Step 1: Dial the USSD code
To repay your MTN Qwik Loan, dial *170# on your mobile phone and select option 5 (Financial Services).
Step 2: Select Repay Loan
Choose the Repay Loan option from the options provided.
Step 3: Select Loan Account
Select the loan account you wish to repay from the options provided.
Step 4: Enter Repayment Amount
Enter the amount you wish to repay.
Step 5: Confirm Repayment
After entering the repayment amount, confirm your repayment request. The loan amount and interest will be deducted from your MTN Mobile Money account, and you will receive a notification of the repayment.
If you liked this article, then please subscribe to our YouTube Channel or Join our Telegram Channel to stay updated with latest updates from us faster; Telegram Channel or Join our Telegram Group.