Quick loans are serviced by Airtel Money and Housing Finance Bank, which enables customers to complete their transactions when they have insufficient funds in their accounts. Customers who opt-in to the service will be able to request a loan when they are sending money, making merchant and pay bill payments and when buying bundles and airtime using the Airtel Money account. Customers are able to take multiple loans up to their credit limit.
- You have access to a short-term credit facility. You can see how much you qualify for by checking your credit limit on the menu.
- You have 15 days to make the payment.
- You may access funds multiple times as long as you are within your Quick limit.
- To make a payment, simply go to the Quick menu and transfer funds from your Airtel Money account.
You will need to be an active Airtel Money customer for six months and had at least one Airtel money transaction every month for the past six months. Customers will also need to have paid up any other loans taken through Airtel Money.
- To opt-in:• Dial *185*# and select ‘Financial Services’ > ‘Loans’> ‘Quick Loans’
- Enter your Airtel Money PIN• Select ‘Opt in’
- Accept the T&C’sQualifying customers can also opt in when they are making a transaction of higher value than the balance, they have in their Airtel Money account.
Send money, airtime, buy the bundle, and merchant payments. Loans will not be given for gaming and betting, withdrawal of funds at agents, and repaying an existing loan.
