How to Borrow Airtime from Airtel; As one of the largest telecommunications companies in Nigeria . Airtel offers a wide range of services including mobile, broadband, Borrowing airtime and data to customers around the world.
This service is useful in emergencies when customers need to make urgent calls or send messages but do not have enough credit. Understanding how this service works and the necessary steps to take can empower Airtel subscribers to make use of this feature effectively.
In this article, we will delve into the process of borrowing airtime from Airtel, outlining eligibility requirements, repayment terms, and providing useful tips for responsible usage. Whether you’re in need of emergency credit or looking to manage your airtime more efficiently, this guide will discuss how to borrow airtime from Airtel and the various steps involved in the process
Pay attention: How to borrow data from airtel and pay back
Benefits of borrowing airtime from Airtel
Borrowing airtime from Airtel through their Extra Credit service offers several benefits:
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It ensures you stay connected even when you run out of airtime unexpectedly. You can make urgent calls, send important messages, or access the internet in critical situations.
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It’s a quick and easy process. You can borrow airtime instantly through USSD codes (*500# or *121#) or the Airtel Thanks app without needing to visit a physical store.
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You can choose the amount of airtime you want to borrow, based on your immediate needs and budget.
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Airtel Extra Credit doesn’t require a credit check, making it accessible to a wider range of customers.
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The borrowed amount and service fee are automatically deducted from your next recharge, simplifying the repayment process.
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The borrowed airtime can be used for various services, including calls, SMS, and data.
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Timely repayment of borrowed airtime can help build a positive credit history with Airtel, potentially leading to higher credit limits in the future.
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Knowing you have access to Extra Credit provides peace of mind, ensuring you’re never completely disconnected.
Read: How to borrow airtime from 9mobile
Eligibility Requirements to Borrow Credit on Airtel?
To be eligible to borrow credit (Airtime) on Airtel Nigeria, you need to meet the following requirements:
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You must be a registered Airtel prepaid customer with an active SIM card.
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Your SIM card should have been active for a certain period, typically a minimum of three months.
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You should have a good track record of regular usage and recharges on your Airtel line. This demonstrates your reliability as a customer.
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You should not have any outstanding airtime loans or unpaid balances with Airtel.
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You should have a minimum recharge history of ₦250 or more per month (or equivalent in currency).
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Your current airtime balance should be low or completely depleted to qualify for borrowing credit.
How to borrow airtime on Airtel using USSD Code
To borrow airtime on Airtel using USSD codes, you have two options:
- Dial *303# from your Airtel line.
- You’ll be presented with a menu. Select the option for “Borrow Credit” or “Extra Credit.”
- Choose the amount you want to borrow from the available options.
- Confirm your selection.
- You’ll receive a message confirming the airtime loan
Read: How to Borrow Data from 9mobile
Different Airtel credit bands available
Airtel Extra Credit offers different loan amounts based on your eligibility and usage history. There’s no official list of fixed bands, but based on user experiences and reports, the common credit bands available on Airtel include:
- ₦50
- ₦100
- ₦200
- ₦500
- ₦1,000
- ₦2,000
How to Pay Back My airtel credit Loan?
Repaying your Airtel Credit Loan (Extra Credit) is straightforward and automatic:
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Simply recharge your Airtel line with an amount equal to or greater than your outstanding loan balance. You can recharge through various channels, such as:
- Online: Use the Airtel Thanks app or the Airtel website.
- Offline: Visit an Airtel retail store or a vendor that sells recharge cards.
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Once you recharge, Airtel will automatically deduct the outstanding loan amount and the service fee from your recharge.
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You will receive a confirmation message indicating that your loan has been repaid successfully.
Also read: How to Borrow Airtime from MTN and repayback
Frequently Asked Questions
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Who can borrow credit on Airtel?
- Airtel prepaid customers with a good payment history and active usage are usually eligible.
- You need to have been an active Airtel user for at least three months and have a minimum recharge history.
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How can I check my eligibility for borrowing credit?
- Dial *303# to check your eligibility and available credit limit.
- You can also check your eligibility through the Airtel Thanks app.
Borrowing Process:
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How do I borrow credit?
- Dial *303# and select the “Borrow Credit” or “Extra Credit” option.
- Alternatively, dial *303# and follow the prompts to select “Borrow Credit.”
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How much credit can I borrow?
- The amount you can borrow depends on your eligibility and usage history. It typically ranges from ₦50 to ₦2000.
Read: Steps to Borrow Data on MTN and payback later
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Is there a fee for borrowing credit?
- Yes, Airtel charges a service fee, usually 15% of the borrowed amount.
Repayment:
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How do I repay the borrowed credit?
- The borrowed amount, plus the service fee, will be automatically deducted from your next recharge.
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What happens if I don’t repay on time?
- You might face restrictions on future borrowing or other services until the debt is cleared.
Other Questions:
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Can I borrow credit multiple times?
- You can borrow credit multiple times as long as you meet the eligibility criteria and have repaid any previous loans.
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What is the validity period of the borrowed credit?
- The validity of the borrowed credit is usually the same as your regular airtime validity.
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Can I transfer borrowed credit to another number?
- No, borrowed credit cannot be transferred to another number. It is only for your personal use.
