Hi there! Do you know that you can borrow airtime from AIRTEL in 2023? Yes? Ok! I will reveal to you in a minute how to borrow airtime from Airtel.
Everyone understands that it is feasible! If you are eligible, you can borrow credit from AIRTEL. The challenge is determining whether you are entitled to borrow airtime from AIRTEL.
it, today I’ll show you how to find out if you’re qualified to borrow airtime on your AIRTEL line and how to do it! So, stay cool and read on!
Do you know that AIRTEL is one of the main network providers in Nigeria, and that it is increasing every day?
By allowing users to borrow airtime and return it whenever they recharge, AIRTEL is simplifying everything for its customers!
If AIRTEL isn’t lending you any airtime, do you want to borrow some? I’ll now give you an explanation of why they can’t just borrow you!
I’ve said enough! Let’s start working now!
Contents
How to borrow airtime from AIRTEL SIM 2023
How to borrow airtime from AIRTEL is a service called AIRTEL Extra Credit!
What is AIRTEL Extra Credit
AIRTEL Extra Credit is a service that allows you to borrow airtime on credit when you run out and pay it back when you recharge.
AIRTEL Extra Credit Eligibility and Requirements
Your next recharge will be reduced for any borrowed airtime. Active AIRTEL prepaid customers who satisfy the requirements may borrow airtime using this service. The eligibility for AIRTEL Extra Credit is as follows:
- Have a registered Airtel SIM
- Your SIM must have been active for at least 3 months
- You must recharge a minimum of N250 per month. This is because they will consider your monthly recharge frequency
- To access this loan offer, you must not have any pending talk time loan
- You’ll need to know the code to borrow airtime
This merely implies that in order to use the AIRTEL Extra Credit service, you must be an AIRTEL customer. But that’s not enough, you know? For a minimum of N250 per month for a good three months, you should have recharged. I hope you get the idea.
Things to know before you borrow credit on AIRTEL
Only 85% of the borrowed airtime will be credited to your AIRTEL account, with the remaining 15% kept for service fees.
Depending on the customer’s profile (tenure on network, spend frequency, etc.), multiple credit bands are available to them. The following credit bands are available:
- N25 Extra Credit
- N50 Extra Credit
- N100 Extra Credit
- N200 Extra Credit
- N500 Extra Credit
- N1,000 Extra Credit
- N2,000 Extra Credit
Anytime you recharge, the outstanding borrowed airtime will first be deducted without prior notice to the user.
- You must be 18 or 18+ years to use the AIRTEL Xtra credit service.
- You will not be able to transfer airtime from your AIRTEL extra credit account USING AIRTEL Share and sell.
- AIRTEL Extra credit airtime can be used for all chargeable activities on the AIRTEL network
How to Borrow Airtime From AIRTEL | USSD Code to Borrow Airtime
To borrow Airtime on AIRTEL, follow the following simple guidelines;
- Kindly, dial *500# > Select 2 and follow to prompt or dial *500*amount#, e.g *500*25# to borrow N25 or dial *500# and follow the prompts.
You’ll receive a message informing you of the transaction’s success, but take note that only 85% of the borrowed amount will be deposited into your AIRTEL Extra Credit account; the remaining 15% will be charged as a service fee!
How to check your AIRTEL Extra Credit account balance
Now that you know how to borrow airtime on AIRTEL, how can you check the balance of your Extra Credit account?
Most people check it up online, and you’re here because you’re curious! If you’ve come here to learn how to borrow airtime from AIRTEL, realize that this is an extra tip for you!
So, how can you check the balance of your AIRTEL Extra Credit account? Of course, if properly directed, it is extremely simple!
Follow these simple procedures to determine the amount of credit remaining in your borrowed airtime account.
This is one of the most common, quickest, and simplest methods for inquiring about or checking your Airtel credit balance immediately on your phone.
- Dial *123# on your mobile device, then wait for an instant reply from Airtel revealing your prepaid airtime account balance on your phone screen.!
How to Repay Airtel Extra Credit Airtime
All you have to do is to recharge your phone and Airtel will do the rest!
FAQs about How to borrow airtime on AIRTEL 2023
Read through the frequently asked questions about How to borrow airtime on AIRTEL 2023.
What is the Airtel airtime advance service?
Airtel airtime advance service, also known as Airtel Talk Time Loan or Airtel Credit Loan, is a value-added service that allows Airtel prepaid customers to borrow airtime when they run out and repay later.
Who is eligible to borrow airtime on Airtel?
Customers that have been on the network for a particular period of time (typically a minimum of 3 months), consistently recharge their lines, and have a good payment history are considered suitable by Airtel.
How do I borrow airtime from Airtel?
You can call *500# from your Airtel line to borrow airtime from Airtel. After dialing the code, choose how much airtime you wish to borrow by following the on-screen instructions. Your account will be instantly credited with the borrowed airtime.
How much airtime can I borrow from Airtel?
The amount you can borrow from Airtel depends on your eligibility. This is often determined by how frequently you recharge your line and the average amount of airtime you use. The available denominations for borrowing can range from a few units of local currency up to larger amounts.
Is there a service charge for borrowing airtime from Airtel?
Yes, there is typically a service charge for borrowing airtime from Airtel. This fee varies but is usually a certain percentage of the borrowed amount. The service charge is deducted when you repay the borrowed airtime.
How do I repay borrowed airtime on Airtel?
The borrowed airtime will be debited from your next recharge automatically. This includes the loan amount as well as the service fee. For example, if you borrow 100 units and the service cost is 10%, 110 units will be deducted the next time you recharge 100 units or more.
What happens if I do not repay the borrowed airtime on time?
Failure to repay borrowed airtime may affect your eligibility to borrow airtime in the future. If you consistently fail to repay on time, Airtel might discontinue the service for your number.
Can I borrow airtime while I still have an outstanding loan?
Typically, you must repay any existing loan before you can borrow again. The outstanding amount will be deducted from your next recharge before any new loan request is granted.
Conclusion
To borrow, ensure that you meet the company’s requirements, including a minimum consumption requirement and a time limit. Dial *500# or 500amount# on your Airtel mobile phone, once you have been approved, to access the borrowing menu. Select the borrowing option and confirm the transaction to borrow the desired quantity of airtime.
Verify your eligibility, dial the code on your Airtel mobile phone, choose the borrowing option from the menu, and confirm the transaction. This enables you to borrow airtime as needed, provided you fulfill the expected conditions.
