Fidelity Bank Loan Code

Last Updated on March 14, 2022

Fidelity Bank Loan code: Borrowing money from Fidelity Bank has come a long way, and as they have introduced a new way to get a quick loan. You do not need to visit the nearest branch and provide documents before you can get a loan. In today’s guide, I will share with you the code you can use to borrow money from Fidelity Bank with your phone.

Getting a loan in Nigeria is inevitable, whether it’s from a loved one or an institution; almost everyone probably has a story where they had to obtain a loan. The Fidelity Bank loan is designed to finance that need which made you request for it in the first place.

Are you seeking the code to borrow money from Fidelity Bank in Nigeria? You have come to the right place. In this article, I will share with you the code you can use to borrow money from Fidelity Bank.

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The code to borrow money from Fidelity Bank Nigeria is *770*08#. You can access the code on your mobile phone number linked to your Fidelity Bank account. Also, it is accessible from all networks in Nigeria, including GLO, MTN, Etisalat, 9mobile, and Airtel.

However, borrowing money from Fidelity Bank through the USSD code is available to all Fidelity Bank mobile banking customers. Before you can use the code to borrow money from Fidelity Bank, you must activate their USSD banking service on your phone.

Take note that access to the Fidelity Bank loan code is only available on your mobile phone number linked to your bank account.

Different Types of Fidelity Bank Loans

Fidelity Bank has a wide range of offers for getting a loan in Nigeria that suits personal and business needs. You might get confused in the process of choosing the right fit. For this reason, we have created this exhaustive list of every single Fidelity Bank loan available and how you can get any one of them.

The types of loans you can borrow at Fidelity Bank include:

1. Fast Loans

As its name implies, fast loan grants you access to instant fundings. Basically, this loan option is suitable for emergencies like payment of school fees or business financing. Fast loan is further divided into six loan options:

a. Payday loan:

Payday loan is simply a short-term loan that caters to the needs of salary earners. However, these salary earners’ accounts have to be domiciled with Fidelity Bank.

b. Personal loan:

With personal loans, you can get fundings to meet your personal needs. Also, this loan is stress-free and only for Fidelity bank customers.

c. Point of transaction (POT) loan:

This is a short-term loan that provides funding to Fidelity Bank customers to complete their financial transactions. Usually, these financial transactions are initiated on a POS or ATM but may be left pending due to insufficient balance. POT loan solves this problem for you.

d. Fidelity NYSC loan:

This loan service caters to serving members of the NYSC (National Youth Service Corps). A serving member just needs to apply and get instant funding.

Fidelity Loan on Account Turnover (FLOAT): This loan service caters to active Fidelity account holders. However, to access this loan, you must have a current banking relationship with Fidelity Bank.

e. Migo Loan:

This is a microloan service that grants instant loans to customers with no documentation needed. Fidelity Bank deposits the loan directly into a customer’s account.

How can I get a Fidelity fast loan?

You can get a Fidelity fast loan through the following options:

Dial the USSD code, *770*08#, and follow the instructions.
Send a text to Fidelity Bank Ivy on Whatsapp. Their official WhatsApp number is 09030000302. Thereafter, they will give you further instructions.
Lastly, you can chat them up on their Facebook platform, Fidelity Bank plc

2. Fidelity Easy Asset Leasing Scheme (FEALS)

This loan service provides fundings for the acquisition of assets. These assets may either be households appliance, generators, laptops, or even a new car.

3. Personal Mortgage loans

This loan service provides funding for all your mortgage. It grants you fundings to buy your dream home.

4. Fidelity Personal Loan Scheme (F-PLS)

This loan service provides you with fundings to meet urgent personal financial obligations. These financial obligations include your house rent, school fees, travel expenses as well as hospital bills.

5. Instant Salary Advance scheme

Instant salary advance scheme grants you access to 50% of your monthly salary before your next payday. In simpler terms, you will be given 50% of your salary as a loan. Fidelity Bank will automatically take it back once you receive your salary. This loan service caters to the mid-month expenses of salary earners.

5. Fidelity Bank Credit Cards

With a Fidelity Credit card, you can spend now and pay later. Basically, this card allows you to buy anything you need and payback for it in the future.

Lastly, if you misplace your credit card, you can either call them on +23414485252 or visit the nearest Fidelity Bank to lodge a complaint.

What are the requirements to obtain a Fidelity Bank loan?

To obtain a Fidelity Bank personal loan, you must meet the following requirements:

You must provide a receipt of your salary for three consecutive months.
A digital acceptance of the offer through Fidelity Bank electronic channels.
You must apply for your loan through Fidelity Bank digital channels.
You must have a clean credit report and meet Fidelity Bank’s credit ranking.

This sums up the basic requirements to obtain a personal loan. To get comprehensive information about their terms and conditions, refer to their official website.

How can I apply for a fidelity loan?

You can apply for a fidelity loan by following the steps below:

Select your desired loan based on the different types of loans we earlier explained in this article
If the loan is online, simply make use of the Fidelity bank USSD code (*770*08#) or their mobile application to apply for a loan
Visit their physical branch to apply for loans that are not accessible through the USSD code or mobile application and an agent would put you through
Lastly, they would inform you whether your loan application was successful or not

How to Pay Back Fidelity Bank Loan

When you receive a loan from Fidelity Bank, they will duly inform you on how to repay the loan.

For most of the products, you will pay monthly installments after about 30days of receipt. This amount is automatically deducted from your account every month, to save you from the stress of visiting your banks.

This is not just peculiar to Acess bank. It is the same method adopted for Access Bank Loans, and so on.

Conclusion

Banking systems provide many new convenient features for customers, and Fidelity Bank is no exception. They offer some of the best loans for its customers to assess, and their loan services are diversified, meaning there’s something for everyone.

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Fidelity Bank Loan Code | How To Borrow Money From Fidelity Bank