PayDay Loan

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PayDay Loan

Sometimes emergencies arise before payday and you might be low on cash. This is where PayDay Loan comes in and you can get access to an instant loan by dialing *901*11#, *426*11# or via Internet Banking, WhatsApp Banking, Access Mobile App and QuickBucks App.

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.


  • 24/7 service which does not require visits to the bank and application is done conveniently via *901*11#, *426#, QuickBucks App, Internet Banking, Mobile App.
  • 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

  • Salary earners whose salary account is domiciled in Access Bank
  • Salary earners whose salary account is processed by any of our Corporate partners
  • Customers actively operating a Current Account, Diamondxtra Account, High Interest Deposit Account (HIDA), Current Private Banking Account with a minimum inflow of N20,000 in the past 6 months.
You can request for a PayDay Loan by dialing *901*11# or *426*11# on your mobile device. You can also access PayDay Loan on Internet Banking and WhatsApp Banking or by downloading Access Mobile App and QuickBucks App from your mobile device store.
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.
You can access your funds from your new account by visiting the nearest Access Bank branch to obtain a debit card.
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.
After you have registered successfully, upon your loan request, the loan is instantly approved and disbursed into your Access Bank account.
It is displayed when the loan request is initiated.
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.
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 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.
Maximum of 31 days or salary payment day (whichever comes first).
  • 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
  • No inflow of at least N20,000 into your account in the last 30 days
Your loan would be automatically debited from your salary account when your salary is paid, or after 31 days against inflow in your account.

Click here for   Terms & Conditions.