PayDay Loan

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PayDay Loan

Sometimes emergencies arise before payday, but you might be low on cash. This is where PayDay Loan comes in, you get access to an instant loan by dialing *901*11#.

It has been designed for customers who have their Salary accounts domiciled in Access Bank. PayDay Loan is a low interest rate loan against your next salary that requires no collateral.


  • 24/7 service which does not require visits to the bank and application is done conveniently via *901*11#, QuickBucks App, Internet Banking, Access Mobile and Access Bank ATMs.
  • No documentation required.
  • No collateral required.
  • Up to thirty-one (31) days tenor.

For further concerns about PayDay loan, click here to find out more.

Frequently Asked Questions

After you have registered successfully, upon your loan request, the loan is instantly approved and disbursed into your Access Bank account.
As many times as you may require as long as you have not exceeded your eligible limit. Each time you request, the eligible amount is displayed, and you can apply for not more than the eligible amount.
This is because your salary account is not domiciled in Access Bank and/or is not processed by any of our partners. Kindly move your salary account to Access Bank to be eligible for PayDay Loan.
Upfront fees of 1% flat 4% flat interest and insurance of 0.15% of loan amount is taken upon loan disbursement (5.15% total all payable upfront)
  • Your eligibility will be affected by any of the following:
  • If you have unpaid loan in Access Bank or Other Banks.
  • If your salary account number is incorrect or you used a phone number that is not linked to your BVN number.
  • There is no evidence that you received salary into your account in the last 45 days.
  • You have collected existing PayDay loans up to your eligible amount already
Your loan would be automatically debited from your salary account when your salary is paid.
Monthly repayment on existing loans will be taken into consideration in calculating your eligible amount. If the repayment on existing loan is considerable high compared to your salary, you may not be able to take a PayDay Loan.
This is an instant loan product for salary earners. With payday loan, you can borrow money at low interest rate against your next salary.
Maximum of 31 days or salary payment day (whichever comes first).
An account would be open for you automatically as part of the loan request process. Please visit the nearest Access Bank branch with your passport photograph and work ID to complete the process.
Your salary account does not need to be in Access Bank before you can get PayDay loan. However, an Access Bank account would be opened for you as part of the loan request to disburse the loan.
You can access your funds from your new account by visiting the nearest Access Bank branch to obtain a debit card.
It is displayed when the loan request is initiated.
You can request for a PayDay Loan by dialling *901*11# on your mobile device. You can also visit any of our ATMs or download the Quickbucks application from your mobile device store.

Click here for   Terms & Conditions.