Access Bank 6-Month Salary Advance Loan (2025 Guide)

Access Bank 6-Month Salary Advance Loan (2025 Guide) 

Access Bank offers a 6-month digital loan option for salary earners known as the Salary Advance Loan, made accessible via the QuickBucks app, AccessMore mobile app, or the USSD code *901*11#. It allows eligible customers to borrow up to 200% of their net monthly salary, repayable over 6 months. If you’re planning to borrow up to ₦5 million with flexible repayment, this is a top option to consider.

Who Qualifies for the 6-Month Salary Advance?

To be eligible for the Access Bank 6-month loan (Salary Advance), you must:

• Earn a minimum monthly salary of ₦30,000, paid into an Access Bank salary account
• Have been a salary account holder with Access Bank for at least 3 months, with evidence of salary credits via NIP or Flexswitch
• Be free of existing loan arrears and up-to-date on other bank credit obligations
  List of eligibility requirements

Loan Amount & Repayment Terms

• Maximum Loan Amount: Up to 200% of your net monthly salary, capped at ₦5 million
• Repayment Period: 6 months (180 days)
• Interest Rate: ~10% monthly on reducing balance
• Upfront Fees: 1% management fee + 0.7% credit life insurance (CLI) deducted at funding
  Interest and fee breakdown

Repayment is automatically deducted in three monthly installments beginning 30 days after disbursement.

How to Apply

• Use QuickBucks App (Google Play or iOS)
• Or dial *901*11# via USSD on your registered phone number
• Or apply via AccessMore or Access Mobile App

Once approved, funds are disbursed instantly into your Access Bank account. The entire process is digital, requiring no paperwork.

Sample Repayment Illustration

Salary (Net)	Loan Amount (200%)	Monthly Interest	Monthly Installment ×3
₦100,000	₦200,000	~10%	~₦70,000 per month

Your exact loan eligibility is displayed within the QuickBucks or USSD platform based on your profile and transaction history.

Other Access Bank Digital Loan Options

Access Bank also offers additional short-term digital loan products:

• PayDay Loan: 30-day term, up to ₦1 million; 年 interest ~12–13%, upfront fees applied (loan types)
• Small Ticket Personal Loan: 12-month tenor; loan up to 400% of salary, capped at ₦2 million; ~9% monthly interest (detailed terms)
• Lending Against Turnover (LATO): For non-salaried users with minimum 6-month account; term of 3 months; up to ₦300k; about 5% flat interest (LATO details)

Each loan product has unique features and suitability depending on your employment or business structure.

Things to Consider

• Loans rollover automatically if funds are not repaid on time—ensure you have adequate account balance on due dates
• Interest is calculated on a reducing balance, which saves cost if you pay early
• Using digital platforms (QuickBucks or USSD) ensures faster approval and less documentation hassle

Final Thoughts

The 6-month Salary Advance Loan from Access Bank is a flexible, efficient loan solution for verified salary earners with an active Access Bank account. With an interest rate around 10% monthly and a repayment tenure of six months, it provides immediate funds while spreading repayment over a manageable period.

You can apply easily via *901*11#, QuickBucks app, or AccessMore. For other loan types or digital options like PayDay Loans, LATO, or Small Ticket Personal Loans, you can explore the bank’s QuickBucks platform or visit their website.