How to Borrow Airtime from MTN and repayback

In today’s fast-paced world, having access to airtime on your mobile phone is essential for staying connected with loved ones and conducting business transactions.

However, there may be times when you find yourself in a situation where you need to make an important call or send a message, but your airtime balance is low. In such cases, borrowing airtime from your service provider can be a convenient solution.

This is where the option to borrow airtime from your mobile network provider can come in handy. One such provider that offers this service is MTN, a leading telecommunications company in many African countries.

This article will  explain how you can borrow airtime from MTN, one of the leading telecommunications companies, and pay it back later, ensuring that you can stay connected when you need it the most.

Rea:Steps to Borrow Data on MTN and payback later

Eligibility Criteria for Borrowing Airtime

The eligibility criteria for borrowing airtime varies slightly depending on the network provider. However, there are some common requirements:

• You must be a prepaid customer to be eligible for airtime borrowing services.
• Your line must be active and in use for a certain period (usually a minimum of 3 months).
• You need to have a consistent recharge and usage history on the network. This shows that you are a regular user and likely to repay the borrowed airtime.
•  You should not have any outstanding airtime loans or unpaid balances on previous borrowings.
• Must have spent a minimum of ₦200 monthly for the past 3 months.
• Your main account balance must be between ₦0 and ₦75.

Read: How to Transfer or share Airtime on airtel

Benefits of MTN xtratime

MTN XtraTime provides several benefits to its users:

1.  The most significant advantage is the ability to access airtime on credit when you run out, ensuring you can make urgent calls or send important messages even without a balance.

2. You can easily borrow airtime through multiple channels like USSD codes ( *303#), the MyMTN app, or by calling 300. This makes it convenient to access the service anytime, anywhere.

3.  You don’t need to provide any collateral or go through lengthy procedures to borrow airtime.

4.  The borrowed airtime, along with a small service fee, is automatically deducted from your next recharge. This gives you the flexibility to recharge at your convenience.

5.  The process of borrowing airtime is fast and straightforward, ensuring you can quickly get back on the network without hassle.

How to check for eligibility to borrow airtime from mtn

There are three ways to check your eligibility for MTN XtraTime (borrowing airtime):

1. USSD Code:

   • Dial *303# on your MTN phone.
   • Click on ‘My Account’.
   • Select ‘1’ to ‘Check eligibility’.

2. SMS:

   • Send “STATUS” to 303. You will receive a message indicating whether you are eligible or not.

3. IVR (Interactive Voice Response):

   • Dial 303 on your MTN phone.
   • Follow the voice prompts to confirm if you are eligible or not.

Read: How To Share or transfer Data On Airtel

How to Borrow Airtime from MTN

MTN XtraTime is a service that allows eligible MTN subscribers to borrow airtime when they run out and pay it back on their next recharge. Here are the methods to borrow airtime using MTN XtraTime:

Method 1: USSD Code

1. Dial  *303# on your MTN phone.
2. Select the “XtraTime” option from the menu.
3. Choose your preferred airtime amount from the available options.
4. Confirm the transaction by following the on-screen prompts.
5. You will receive a confirmation message once the airtime is credited to your account.

Method 2: MyMTN App

1. Download and install the MyMTN app from the Google Play Store or Apple App Store.
2. Open the app and log into your MTN account.
3. Navigate to the “XtraTime” or “Borrow Airtime” section within the app.
4. Select the amount of airtime you want to borrow.
5. Confirm the transaction, and the airtime will be credited to your account.

Method 3: IVR (Interactive Voice Response)

1. Dial 303 on your MTN phone.
2. Follow the voice prompts to select your preferred language.
3. Choose the option for “XtraTime”.
4. Select the desired airtime amount from the list of options.
5. Confirm your request to receive the airtime credit.

Repayment Options for Borrowed Airtime

MTN XtraTime provides a straightforward repayment option for borrowed airtime:

Automatic Deduction upon Recharge: The borrowed airtime amount, along with the 15% service fee, is automatically deducted from your airtime balance the next time you recharge. This means you don’t have to manually initiate the repayment process.

Also read: How to transfer Airtime on 9mobile

How can I check MTN Airtime account balance?

There are several ways to check your MTN airtime account balance:

1. USSD Code:

• Dial *310# on your MTN mobile phone.
• Your airtime balance will be displayed on your screen.

2. SMS:

• Send “BAL” (without quotes) in a text message to 310.
• You will receive an SMS with your airtime balance information.

3. MyMTN App:

• Download the MyMTN app from Google Play Store or Apple App Store.
• Log in to your account.
• Your airtime balance will be displayed on the app’s home screen or in the “Account” section.

4. MTN Website:

• Log in to your account on the MTN website.
• Your airtime balance will be displayed on your account dashboard.

5. Zigi Chatbot:

• You can also ask Zigi, MTN’s chatbot, to check your airtime balance for you. You can find Zigi on the MTN website or social media channels.