By Ghazali Ibrahim
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, has launched Quick Airtime Loan, a new digital solution designed to give customers instant access to airtime when they run out of call credit and have limited funds in their accounts.
The bank said the product is aimed at helping customers stay connected at critical moments, noting that in today’s fast-paced world, running out of airtime can result in missed opportunities and disrupted plans.
With Quick Airtime Loan, eligible GTBank customers can access between ₦100 and ₦10,000 in airtime on credit by dialing 73790#. The service is available across all major mobile networks in Nigeria, with plans underway to expand the offering to include data loans.
For years, airtime credit services in Nigeria have been dominated by telecommunications companies, which typically charge about 15 per cent for the service. GTBank’s entry into the space introduces a bank-led alternative priced at 2.95 per cent, significantly lower than prevailing telco rates.
The bank said the product is built on transparency, convenience and affordability, and has the potential to broaden access to airtime while delivering meaningful cost savings for millions of Nigerians.
Commenting on the launch, Managing Director of Guaranty Trust Bank Ltd, Miriam Olusanya, said the initiative reflects the bank’s commitment to innovation driven by customer needs.
“Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs,” Olusanya said.
“The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience.”
She added that by leveraging strengths across the Group, GTBank is able to accelerate innovation and deliver a more integrated customer experience across all service channels.
The new offering also underscores GTCO’s transition into a diversified financial services group. Powered by HabariPay’s Squad, the solution integrates banking, payment technology and digital platforms to provide customers with seamless, one-stop financial services.
