Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc has reduced airtime loan to 2.95 per cent with the introduction of Quick Airtime Loan.

The newly launched initiative is 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, ensuring customers can stay connected when it matters most.

According to a statement, the initiative was designed to offer customers instant access to airtime on credit, directly from their bank.

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With Quick Airtime Loan, eligible GTBank customers can access from N100 and up to N10,000.

Commenting on the product launch, the bank's Managing Director, Miriam Olusanya, said the bank is committed to changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%.

She added that the initiative was built on transparency, convenience and affordability, saying it has the potential to broaden access to airtime, deliver meaningful cost savings for millions of customers and redefine how financial services show up in everyday life, not just in banking moments.

"Quick Airtime Loan reflects GTBank's continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank's digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience.

"By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels," she said.