Suntrust Bank Loan: How To Apply, USSD Code And Requirements

Suntrust Bank Loan: How To Apply, Ussd Code And Requirements

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Ella Friday, 8 November 2024, 1:31 pm

SunTrust Bank Nigeria Limited (STBNL), is a Nigerian financial services provider, licensed as a commercial bank, by the Central Bank of Nigeria.

Let’s see Suntrust bank loan requirements, Suntrust bank loan interest rate, Suntrust bank loan, Suntrust login, Suntrust bank loan apply online, Suntrust bank loan app, How to apply for Suntrust bank loan, who owns Suntrust bank Nigeria, Suntrust internet banking.

Keep reading to know more about Suntrust USSD Loan Code, how to apply for Suntrust Bank Loan, and the requirement needed for borrowing loans.

Some may be asking does SunTrust have online banking? we won’t delay answering your question. Yes, SunTrust Bank Nigeria Limited (STBNL) has an 24/7 online mobile banking app but let’s see, how to download the Suntrust Bank app with your mobile phone in this tutorial guide.

HOW TO DOWNLOAD SUNTRUST BANK APP

To download the Suntrust Bank app on your mobile phone, click on your Google Play store or app store; Using BANKING METHOD.

How To Open An Suntrust Bank Account

On your mobile phone and click on Google Playstore/App Store and Install the Suntrust Bank Mobile App.

Then, click “Open” and log in.
Select “Country“
Select language “English“
Enter your (First, Middle, Last)Name, Marital status, and Gender (Male/Female).
(BVN) Do you have BVN – Yes/No.
Accept the “Terms and conditions“.
Provide necessary information such as Date of birth, Email address, Phone Number, and enter ID type.
Enter a phone number that is activated.
Enter a “new pin” and confirm the new pin.

CONGRATULATION, you now have an active account with Suntrust Bank. You can pay in money into the newly opened account. To Open an account with SunTrust Bank, you need an amount range of N10,000.

When you are done with registration, you can now perform all these activities such as checking your account balance, loan, bill payments, buying data, buying airtime for others, buying airtime for yourself to any network (MTN, Airtel, Glo,9Mobile), transferring money to an account, transferring money to other bank accounts and so on.

Requirement (Documents) Needed For Opening Suntrust Bank Account

You will be required to upload some important documents and some personal details before you can open a Suntrust Bank account.

Name (First Name -Middle Name – Last Name)
Date of birth (Day/Month/Year)
Citizenship
Contact phone number.
Occupation.
Mother’s maiden name.
Home address.
Email address.
Next of KINS
Residence status.
Passport.
Tax identification number.
Source of income (self-employed).

Also, see: Migo Bank Loan Interest Rate In Nigeria

Here Are The Terms And Conditions For Applying For Suntrust Bank Loan

These are the terms and conditions, you must meet up to before you can be given a loan to apply for a loan from Suntrust Bank. Follow the below terms and conditions such as:

You must have an active account on Suntrust Bank for a minimum period of 3 months.
You must have a certain amount on your account.
Details of collateral offered (if any) and address.
You must download the Suntrust Bank mobile app on your phone.
Valid means of identification (driving license, passport, voter’s card).
To pay back the money give you the exact time (Due date).
Certification of incorporation.
Bank statement (12 Months).

SunTrust Consumer Loan is a smart way to borrow, no matter the occasion; If you are a consumer and you want to be approved and receive funds.

Fixed monthly payments.
No Origination Fees.
No Annual Fee.
Competitive Rate.
NO Pre-liquidation payment.

Requirement (Documents) Needed For Suntrust Bank Loan

You will be asked to provide your personal information details such as:

First Name
Last Name
Gender
Marital Status
Date of Birth (Month/Day/Year)
Email Address
Mobile Number
Residential Address
No of Dependents
Annual Income
You will be asked whether you are already a Suntrust Bank Customer? or not
Bank Verification Number (BVN)
Account Number

EMPLOYMENT DETAILS

Occupation/Business
Office Address

LOAN/CREDIT SERVICES(S)

Loan/Credit Facility
Loan Amount
Payment Tenure
Loan Purpose

Agreement

I agree to the Privacy Policy

How to Borrow Money From Suntrust Bank

These are steps to follow to get a loan from Suntrust Bank: Turn on your internet, such as a PC or smartphone, and visit your Google Play Store to download the Suntrust Bank App.

“Log in” to your Suntrust Bank account.
Scroll down to choose the “Loan” option.

As a new user, complete the loan form by entering your full (FIRST, MIDDLE, AND LAST) name, phone number, and home address.

Then, enter the loan amount you want to borrow.
Check your information to know if it is correct and click on “Submit“.
Accept their “Terms and Conditions” before submitting and you will be notified.

How To Be Eligible For Suntrust Bank Loan

You must have an account operational in Suntrust Bank for at least 6 months.
You must be linked to a valid BVN.
For you to loan from Suntrust Bank, you must be the age of 18 and about.
You must have correctly updated phone numbers.

APPLY FOR LOAN

Suntrust BANK USSD CODE

The easy way to perform any Suntrust Bank transactions on your phone is by using Suntrust Bank USSD code *5230# is used for accessing Suntrust Bank loans, transferring funds, checking account balances, paying bills, and buying airtime.

Here are the three requirements needed to activate the Suntrust Bank USSD code, you must have the following:

A Suntrust Bank account
A phone number linked to your Suntrust Bank account for receiving an alert
A debit card and any mobile phone.

Opening An Account With The Use Of The USSD Code

On your phone (keypad dialer), dial *5230# and send the code.
From the displayed menu Choose “1” open an account.
Choose the type of account.
Select your preferred debit card from the list
Enter the 4-digit Personal Identification Number (PIN) for the selected debit card

Create a new 4-digit PIN that will be used to confirm and authenticate your transactions, and you have successfully opened a Suntrust Bank account on your phone.

How To Loan Using Suntrust Bank USSD Code

Here are the steps to follow, when you want to use the Suntrust Bank USSD code for a loan.

But have this in mind before you can follow these steps, you must have an active account with Suntrust Bank and also use a mobile phone that has the registered number SIM.

Note: Using these steps, you don’t need a network connection on your PC or smartphone.

On your phone (keypad dialer), dial *5230# and send the code.
Click 0n the displayed menu, and tap on the “Loan” option.
Then, fill in other requirements needed and accept the terms and conditions.
Select the account number with which you want to apply for the loan
Enter the amount you want to loan.
Enter a 4-digit pin to confirm your transaction.

Once, it is approved, a notification will be sent to your phone that your account has been credited (successful transaction) has been done.

How To Loan Using MOBILE APP.

Log on to Suntrust Online.
Click on “Loan“.
Select Current “account number“.
Then, fill in other requirements needed and accept the terms and conditions.
Confirm loan amount.
Enter a 4-digit pin to confirm your transaction.

Once, it is approved, a notification will be sent to your phone that your account has been credited (successful transaction) has been done.

How much is the interest rate on a bank loan?

You can borrow funds for up to 12 months, and the applicable interest rates are negotiable.

Suntrust Bank can loan amounts range from N500 to over N500,000. When you start newly with SuntrustMigo Bank, you can borrow from small loan amounts before you can loan a huge amount.

Suntrust Bank Customer Care

If you in any way have difficulties in how to loan using the Suntrust Bank online banking app or Suntrust Bank USSD code, you can contact the Suntrust Bank customer agent for assistance.

Contact Suntrust at +234 01-2802143 or 01-2802144.

Visit the Suntrust Bank email address: [email protected]

If you are interested in applying for a loan from Suntrust, you can visit your nearest branch or apply online. You will need to provide some basic information, such as your name, address, and some documentation needed.