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A telecommunications service provider, MTN wants to make life easier for all its subscribers by launching this new loan service, especially those who are unexpectedly left without data or time at critical moments.
MTN Nigeria has launched an on-demand loan service called MTN MoreTime.
The MTN MoreTime service allows customers to get the broadcast time and/or borrow data for a 0% fee when they are short of broadcasts. Customers also receive an additional 400% bonus on the transfer time ONLY for the borrowed transfer time, not for the data, BUT they will refund the face value of the borrowed amount on the next top-up.
For example, you can take a loan in the period from N25 to N5000 and get an additional 400% bonus. You can pay in 30 days. You can get a 1.2 GB N1000 data loan and pay for 30 days.
The MTN MoreTime is available to ONLY Prepaid customers that are eligible for the XtraTime service.
Requirements For MoreTime Loan Service
To be eligible for MoreTime service Customer MUST;
1. Be a Prepaid customer
2. Have registered your number
3. Have been on MTN network for more than 6 months
4. Have spent at least N200 monthly for 6 months
5. Have between N0 and N75 in your main account
6. Paid up any outstanding XtraTime or MoreTime loan request
7. Have an available credit limit
Let us know what you think about these new MTN Loan services in the comment
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