How to Apply for a Public Payroll Loan Using the USSD Code

Imagine it’s 2002. You need a loan, so you rush to the nearest bank before closing time. Once there, you’re faced with the frustration of a rigid bureaucratic process. You wait in a long queue for customer service, endure the slow manual handling of your documents—pay slips, identification, proof of employment, and more. 

For years, accessing salary loans as a public servant in Nigeria was a cumbersome process, often requiring multiple follow-up visits or phone calls, consuming valuable time and energy. 

Fast forward to 2024, and the lending industry has dramatically evolved. What once took days or even weeks can now be accomplished in minutes, thanks to the advent of USSD technology. Now, getting a loan is as simple as dialing a code on your phone. 

What is USSD? 

Unstructured Supplementary Service Data (USSD) is a technology that doesn’t require internet access, making it ideal for the average Nigerian civil servant who may not always have internet connectivity. 

*5858# – USSD Code by Zedvance 

Zedvance’s USSD channel serves as an efficient and accessible platform tailored specifically for our Public Payroll customers.  

This USSD-based solution offers a seamless and convenient way for public sector employees to access a range of financial services with ease

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Benefits of using *5858# by Zedvance 

1. Speed – Need extra cash for an unexpected expense? No need to rush to the bank or spend hours online. Simply dial our unique code *5858#. Follow the clear, easy-to-understand prompts on your phone.  

2. Convenience – You can access this code without leaving your comfort zone. The entire process can be completed from your mobile phone, anytime, anywhere. 

3. Accessibility – You don’t need a smartphone or an internet connection. Any mobile phone can dial a USSD code, making this service accessible to all public servants, regardless of the type of mobile device. 

4. No Paperwork – The digitization of the process means no form to fill out and less room for human error. Everything is automated and efficient. 

5. Ease of Use – The USSD channel is user-friendly, requiring no internet connection or smartphone access. Simply dial the designated USSD code (*5858#) on any mobile phone 

6. Tech driven, Secured and Reliable – Zedvance prioritizes the security of customer transactions and data on the USSD channel, employing robust security measures to safeguard information. The platform ensures reliability and availability 24/7, providing uninterrupted access to essential financial services. 

Access to credit is evolving, and USSD is placing the power of access right in your hands. The next time you need a salary loan as a state, federal or paramilitary worker, simply dial the Zedvance USSD code *5858# to get the financial support you deserve with ease and efficiency. 

About Zedvance  

Zedvance Finance Limited, Nigeria’s leading non-bank retail lender, is dedicated to offering accessible and innovative money solutions to individuals and businesses. 

Since its launch in 2014, Zedvance has successfully disbursed over 2,000,000 loans, solidifying its position as a leading player in the consumer lending industry. 

Building upon its success, Zedvance is embarking on a major strategic expansion to consolidate its leadership in retail lending while venturing into impact-driven finance for small businesses.