XtraCash offer you a convenient and instantaneous way to get a cash loan for MTN existing Diamond Yello subscribers. The loan can be used to pay bills, purchase goods, P2P transfers, buy airtime and cash out, from your mobile phone;


1.1. “Customer” means the person(s) or entity(ies) requesting the loan;
1.2. “YesBank” means the lending bank, YesBank Nigeria; “
1.3. “Loan Period” means the numer of days from the date of disbursment of the loan to the due date for repayment
1.4. “Service(s)” means the provision of Micro Credit Loan services via a platform, called “Interswitch”;
1.5. “Service Fee” means the sum payable for the provision of the Service;
1.6. “We,”“our,” and “us,” means YesBank NIGERIA;
1.7. “You” or “your” means the Customer and includes the personal or legal representatives and assigns of the Customer;



2.1. XTRACASH is a service available to Customers requesting a loan on Interswitch .
2.2. By subscribing to the Service, the Customer consents to the Terms and Conditions set out herein.
2.3. Consent of the Customer shall commence upon an application/subscription for the Service and shall subsist throughout the period of subscription to the Service and the consent shall only be withdrawn by a written instruction to us from you, subject to the fulfilment of any obligations undertaken according to the present.
2.4. For all intents and purposes, by subscribing to the Service and in the course of each transaction carried out under the Service, you unequivocally give your consent to us to collect, process, share with third parties or adapt your personal information/data at any time for the purpose of providing, improving or upgrading the Service or the platform upon which the Service is hosted on the one hand and/or analyzing or assessing the credit viability or otherwise of Your subscription.
2.5. Personal information/data includes and shall not be limited to your KYC and your transactions with Interswitch
2.6. An applicant for a loan under the Service must be eighteen (18) years old or over to qualify for a loan.
2.7. To request the Service, Customers need to visit “https://www.quickteller.com/” or dial *322*6# and select the Xtracash Loan option.
2.8. If your application is approved, you will get an an SMS confirming:

2.8.1. the Loan Amount;
2.8.2. interest charged on the Loan Amount;
2.8.3. the Service fee; and
2.8.4. the Due Date.

2.9. Subject to approval of your application for a loan, you will be disbursed a loan of an amount to be determined by us at our sole discretion.
2.10. You may accept or decline the loan offer by following the instructions on the menu.
2.11. Upon approval of your application, the loan shall be disbursed directly into your chosen Account
2.12. We reserve the right without assigning any reason to approve or decline your application for a loan.
2.13. You shall repay the loan by the due date communicated to you at the time of the loan disbursement. The loan period shall not exceed 30 days.
2.14. The loan amount in addition to any fees and interests are automatically deducted from your Account on the loan due date. Any outstanding amount that remains unpaid shall be deducted from funds deposited in your account until the full loan balance is repaid.
2.15. By accepting the terms & conditions of the service, you hereby authorise us to automatically debit your account to repay any outstanding debt.
2.16. You may choose to pay the Loan Amount on or before the Due Date by using the repayment option on the Interswitch menu
2.17. You shall make all payments due from you in respect of the Loan and Fees using the Account.
2.18. In the event that you do not repay the Loan in full within the Loan Period communicated to you at the time of Loan disbursement, a grace period may be provided at our discretion to repay the loan without applying additional charges
2.19. After the loan period, any outstanding amount shall automatically be rolled over for another /a second Loan period, which may be the same or longer or shorter than the initial Loan Period. The applicable fees and interests shall be communicated to you via SMS
2.20. In case the loan is not fully repaid after the end of the second Loan Period

2.20.1. You shall be notified by SMS that you are in delinquency state and that you should not make full payment before the end of 30 days, your details of your delinquent loan will be given to the central bank and national credit reference bureaus as a defaulter and legal action may be taken to recover any outstanding amounts from you. You hereby consent to bear all the costs incurred in recovering such outstanding amounts.
2.20.2. You accept that any debt may be recovered from other bank accounts, deposits or digital wallets held by you.



You acknowledge that you have no claim against Us or our service providers for damages resulting from losses, delays, misunderstandings, duplications, declines, or any other irregularities in connection with your application for or your use of XTRACASH where there has been gross negligence on our part,.


4.1. By using the service you unequivocally consent and authorize Us to record, process and disclose your personal information/data to competent authorities including but not limited to government agencies, credit bureaus and other financial institutions for application assessment and fraud prevention.
4.2. Any addition or alteration to these Terms and Conditions may be made from time to time by Us and of which notice has been given to you by way of publication on the XTRACASH website [www.xtracash.com] shall be binding upon you as fully as if the same were contained in these Terms and Conditions. Customers are required to check the T&C before taking each loan
4.3. You consent to, and authorize Us and our service providers and or its affiliates to communicate the following to you: your transactional activity, service messages, and offers for products or services via SMS.
4.4 We have no liability for transactions which are incorrect as a result of inaccurate data entry in the course of the use of the Service or for loss of data or information caused by factors beyond our control.
4.5 By using the Service you agree to the above mentioned terms. If you do not agree to these Terms, do not use the Service.


You agree that all matters relating to your access to or use of the Service shall be governed in accordance with the Laws of the Republic of NIGERIA.