Guaranty Trust Bank Ltd (GTBank), the banking franchise of GTCO Plc, has launched Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts.

The bank said the loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank.

With Quick Airtime Loan, eligible GTBank customers can access from N100 to N10,000. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, a statement by the company said, further strengthening its proposition as a reliable on-demand platform.

For years, the airtime credit market has been dominated by telcos, where charges for this service are at 15 per cent.

GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95 per cent.

Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians and redefine how financial services show up in everyday life.

Managing Director of Guaranty Trust Bank Ltd, Miriam Olusanya, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs.”