Code To Borrow Money From MTN Ghana Online

How to Borrow Money from MTN Ghana Online: A Step-by-Step Guide.

Code To Borrow Money From MTN Ghana Online:  In today’s fast-paced world, access to quick financial assistance can be crucial in managing unexpected expenses or bridging financial gaps. MTN Ghana, one of the leading telecommunications companies in Ghana, offers a convenient solution for its customers through its online borrowing service. This service allows MTN subscribers to borrow money instantly and repay later with a reasonable interest fee.

Here’s a comprehensive guide on how to borrow money from MTN Ghana online

Check Eligibility

Before attempting to borrow money from MTN Ghana, ensure that you meet the eligibility criteria. Generally, MTN subscribers who have been active on the network for a certain period and consistently use airtime and data services are eligible for borrowing money.

Dial the USSD Code

To initiate the borrowing process, dial the USSD code *170# from your MTN Ghana mobile phone. This USSD code serves as the gateway to various MTN services, including borrowing money.

Official MTN Mobile Money Loan:

  • Dial *170# on your MTN phone.
  • Choose “Financial services” then “Loan.”
  • Select “Option 1 to register and apply for a loan.”
  • Follow the on-screen instructions to submit your application.

MTN Qwikloan:

  • This service, offered in partnership with AFB Ghana, provides instant loans up to GH¢1,000.
  • Dial *170# and choose option 6 for “Qwikloan.”
  • You’ll need a registered MTN Mobile Money account with active transactions.
  • Eligibility and loan limits are determined by your Mobile Money activity.

Select Option for Borrowing Money

Once you dial *170#, a menu will appear with several options. Look for the option related to borrowing money or credit. The exact wording may vary slightly depending on the current interface, but it should be intuitive to locate the borrowing option.

Receive Confirmation

Once you confirm your borrowing request, you will receive a confirmation message indicating that the requested amount has been successfully credited to your mobile wallet or airtime balance.

Repayment Terms

It’s essential to understand the repayment terms associated with borrowing money from MTN Ghana. Typically, borrowed funds are deducted automatically from your airtime balance during subsequent recharges. Be aware of the repayment deadline and ensure that you have sufficient funds to cover the repayment amount.

Interest and Service Charges

Keep in mind that borrowing money from MTN Ghana incurs interest and service charges. The specific fees and interest rates may vary depending on the amount borrowed and the repayment period. It’s advisable to review the terms and conditions provided by MTN Ghana regarding borrowing services to understand the associated costs.

Responsible Borrowing

While the convenience of borrowing money from MTN Ghana online can be invaluable during emergencies, it’s essential to practice responsible borrowing habits. Borrow only the amount you genuinely need and ensure timely repayment to avoid accumulating excessive fees or negatively impacting your creditworthiness.


Borrowing money from MTN Ghana online provides a convenient solution for subscribers who require immediate financial assistance. By following the simple steps outlined in this guide, you can access funds quickly and efficiently whenever the need arises. However, it’s crucial to borrow responsibly and adhere to the repayment terms to maintain a healthy financial standing.

Remember, borrowing money should be a temporary solution to address short-term financial needs, and it’s essential to explore other financial management strategies for long-term stability and security. With MTN Ghana’s online borrowing service, subscribers can confidently navigate unexpected expenses with ease and convenience.

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