GT Max Plus Loan
GT Max Plus Loan: Features, Amount Limits, Repayment Terms, and Fees
The GT Max Plus Loan is a premium personal-credit facility offered by Guaranty Trust Bank (GTBank) to high-income salaried customers whose salary accounts are domiciled with the bank. Designed to support large-scale personal and professional financial needs, the loan combines high borrowing limits, flexible repayment options, and fast disbursement.
Minimum and Maximum Loan Amounts
GTBank offers one of the highest unsecured loan ranges in Nigeria through the Max Plus product. The minimum loan amount is ₦6 million, while the maximum loan amount goes up to ₦50 million. The loan is reserved for customers earning a minimum annual net income of ₦20 million and classified under the bank’s premium or “Platinum” salary segment. To qualify, the borrower must have their salary fully domiciled with GTBank.
Repayment Terms
The GT Max Plus Loan features flexible and manageable repayment structures. The maximum tenor is up to 60 months (5 years). Repayments are made in equal monthly instalments consisting of both principal and interest. To ensure affordability, monthly deductions cannot exceed 50% of the borrower’s net monthly salary.
Depending on the customer’s cash-flow pattern, alternative repayment schedules such as annual, bi-annual, or quarterly principal payments with monthly interest may also be approved.
Fees and Charges
GTBank applies a range of fees and pricing policies based on customer profile and market conditions. The loan attracts a competitive interest rate, determined by income level, risk assessment, and prevailing market factors. A processing or management fee is charged as a percentage of the approved loan amount. All applicable fees attract Value Added Tax (VAT).
Additional charges—such as restructuring fees or penalties for late repayment—may apply depending on the borrower’s loan behaviour and agreement. Customers are advised to thoroughly review their offer letter to understand the full cost of credit.
Why the GT Max Plus Loan Is Worth Considering
| Benefit | Explanation | Best For |
|---|---|---|
| High borrowing limit | Access to up to ₦50 million without pledging collateral. | Real estate projects, business expansion, major expenses. |
| Unsecured structure | Loan is secured by salary, not physical assets. | Borrowers who want large funding without property collateral. |
| Flexible repayment | Up to 60-month tenor with deductions capped at 50% of salary. | Individuals seeking manageable instalments. |
| Fast approval | Processing and disbursement may take as little as 48 hours after documentation. | Urgent financial needs or quick project launches. |
| Exclusive premium service | Designed for high-net-worth individuals with enhanced support. | Executives, senior professionals, premium clients. |
Think About It
The GT Max Plus Loan stands out as a strong financing option for high-income earners who require substantial funds without providing traditional collateral. With a high borrowing limit, extended repayment period, and quick approval process, it is well-positioned to support major personal and business-related goals.
Nevertheless, potential borrowers should ensure the loan aligns with their long-term financial plans, evaluate their repayment capacity carefully, and fully understand all associated fees before accepting the offer. When used responsibly, the GT Max Plus Loan can significantly increase financial flexibility and support wealth-building opportunities.
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