Access Bank Mobile App – How To Get A Loan Through The App

Access Bank Mobile App – How To Get A Loan Through The App

Access Bank Mobile App – How To Get A Loan Through The App.

Loans have a wide range of uses in both our daily lives and the economy at large. Because of how crucial they are, even the government takes out loans. But although some loans are incredibly challenging to get, others are much simpler. Furthermore, the Access bank app offers one of those loans that are quite simple to get. Every customer must be aware of how to apply for a loan using the Access Bank mobile app since it can save their lives.

An overview of the Access bank mobile app

One of the bank’s most well-liked mobile applications is access bank. This is due to the fact that you may do so many transactions in one location. As a result, using the mobile application is similar to carrying a portable access bank service. More crucially, the apps give users the option to quickly borrow loans when they are short on cash.

Access Bank app Information

Version – 4.5

Last Update – 28th of September 2022

Number of Downloads – 1,000,000+

Download Size – 35.62MB

App Provider – Access Bank Plc

Release Date – 13th of December 2013

What loans can I obtain from the access bank mobile app?

You can only borrow one sort of loan using the Access Bank mobile application: payday loans. Also, even though all bank clients are eligible for this loan, there are requirements that must be met before you can actually apply for one. However, payday loans are only available to workers whose salary account is domiciled with the bank, essentially allowing you to borrow money against your future paycheck.

What are the eligibility requirements to qualify for the access bank app loan?

The eligibility requirements for you to qualify for a payday loan are:

You must meet the following criteria in order to be eligible for a payday loan:

  1. You must have been working for the past six months and have a reliable monthly income.
  2. You must have a salary account with the bank.
  3. There cannot be any outstanding loans from the past.

What are the features of payday loan?

Payday loan on the access bank app has the following features:

  1. A flat monthly interest rate of 4%
  2.  One percent (1%) of the management charge is removed as soon as the loan is     disbursed.
  3. If the loan matures before the next pay, it will do so at that time, up to 31 days later.
  4. The 0.15% credit life insurance fee is also subtracted at the time the loan is disbursed.
  5. Loan payments would be taken out of your wage account or other accounts connected to your BVN.

How do I access loans on the access bank app?

Simply follow the process below to apply for a payday loan through your access bank application:

  1. Then, if you haven’t already, download the access bank app from the Google Play or Apple Store and log in. Moreover, you would need to register if you haven’t already, which you may do by clicking the signup icon and following the instructions.
  2.  After successfully logging in, pick Loans and Investments from the menu.
  3. Choose Payday Loans from the ensuing menu of choices.
  4. The system will then disclose the loan’s terms and conditions as well as the maximum amount you are qualified for.
  5. If you agree to the terms and conditions, enter the desired loan amount and click the Request Loan button. Please take note that this cannot exceed your maximum allowable loan amount.
  6. Finally, if they were successful, they would disburse the loan into your account within 24 hours.


It’s simple and straightforward to apply for a loan using the access bank application. Thus, feel free to log in and apply for a loan whenever you need one as long as you match the qualifying standards.