MTN Nigeria is unarguably the largest mobile Telecommunications network with the widest coverage in Nigeria and they are trying all their possible best to maintain its status quo. In this article, you will learn how to borrow money from MTN (I mean the real money).
MTN Nigeria in its bid to ensure that its customers don’t get stranded in any form, MTN has added another Value Added Service to its online loan scheme which allows its customers to borrow the cash – MTN XtraCash Service.
What is MTN XtraCash?
It’s a service that allows eligible customers to access short-term Micro Credit loans via a USSD platform from their mobile phones. It is to help you with fast and easy loans to take care of that urgent financial need.
How to Borrow Money From MTN via XtraCash Service
Eligible customers can request for XtraCash by dialing the USSD code *606#, selecting 9 for next, and selecting 5 for XtraCash on the menu. You will then be taken to the next stage where you will choose the option to apply for the load and know the tone of the amount you are allowed to borrow. Once your application is successful, your MTN Yello account would be credited in due time.
Amount to Borrow From MTN
You can borrow N5,000 or N10,000 based on eligibility, but this applies to only MTN customers.
Receive The Cash
The Xtracash Loan amount would be credited to the customers’ Diamond Yello Account. The MTN Xtracash loan maturity period is 30 days at an interest rate of 15%.
What if I Don’t Have A Diamond Yello Account?
Well, the only eligibility is to have the MTN Diamond Yello Account which you can easily open by dialing *710#. Never get stranded again. MTN XtraCash is always an option and everyone is eligible to borrow, so long you have a Diamond Yello Account.
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3 thoughts on “MTN XtraCash: How to Borrow Money From MTN and Pay Later”
Wow! Am still trying to believe what am seeing.
MTN that is stingy, is now changing to a money lender. Am trying to comprehend the information and spread to ngfind.com
Thanks for the information
not bad nut the 15% toxicwap gain is too much
Mobile banking plays a great rule in everyday society and with MTN XtraCash Service, I think is a great initiative. Thanks for the post, it was great.