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 their status quo. 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 cash – MTN XtraCash Service.

What is MTN XtraCash? It’s a service that allows eligible customers 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.

To Apply for MTN XtraCash Service

Eligible customers can request for XtraCash by dialing the USSD code *606#, select 9 for next, and select 5 for XtraCash on the menu. You will then be taken to the next stage where you will then choose the option to apply for the load and thereafter know the tune of the amount that 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 is applicable to only MTN customers.

To Receive The Cash

The Xtracash Loan amount would be credited to 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 Diamond Yello Account?

Well, the only eligibility is to have theMTN 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 Diamond Yello Account. Also Read:


I'm Funsho, a lover of anything technology. I have an uncontrollable passion for sharing the latest and trending tech-related ideas and information.


  • NgFind, April 23, 2018 @ 12:30 am Reply

    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

    Thanks for the information

  • Unknown, April 23, 2018 @ 3:42 am Reply

    not bad nut the 15% toxicwap gain is too much

  • Larry, May 17, 2018 @ 4:08 pm Reply

    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.

Leave a Reply

Your email address will not be published. Required fields are marked *