Let’s dive into the world of Branch loan repayment methods.. Are you new to Branch loans and wondering how to navigate the repayment process? Look no further! In this guide, we’ll explore the various methods to repay your Branch loan, ensuring a smooth and hassle-free experience. Whether you prefer online or offline options, we’ve got you covered.

Understanding Branch Loan Repayment

Before delving into the repayment methods, it’s crucial to understand the significance of repaying your Branch loan. While obtaining a loan from Branch is straightforward with flexible conditions, borrowers must fulfill their repayment obligations. Failing to do so can lead to increased interest rates and persistent reminders from Branch. Hence, it’s advisable to familiarize yourself with Branch’s repayment terms and conditions.

Branch offers multiple repayment options, allowing borrowers to choose the method that suits them best. These options include online and offline modes, ensuring convenience for all users. Let’s explore these methods in detail.

Online Repayment Methods

1. Branch Wallet

The Branch app provides a user-friendly option for repaying your loan through the Branch Wallet. Here’s how to do it:

  1. Open the Branch app on your phone.
  2. Navigate to the “Loans” section at the bottom.
  3. Select “Make a Payment.”
  4. Choose “Branch Wallet” as your preferred payment method.
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The Branch Wallet allows you to use the funds available within the app to repay your loan. You can select the “Total Due” option for full loan repayment or enter a specific amount as desired.

2. USSD (Guaranty Trust Bank – GTB)

USSD is another convenient online repayment option provided by Branch. To use this method, follow these steps:

  1. Click on “USSD – Guaranty Trust Bank (GTB)” from the repayment options menu.
  2. Continue by selecting “Total Due” for full loan repayment or enter a custom amount.

Please note that the USSD repayment method is compatible with GT Bank accounts only.

3. Bank Transfer (Mobile App)

Repaying your Branch loan is made easy through your bank’s mobile app. Here’s how to use this method:

  1. Make a note of the bank name provided by Branch.
  2. Copy the account number provided by Branch.
  3. Open your bank’s mobile app and navigate to the transfer section.
  4. Paste the Branch loan account number and complete the payment.

4. Debit Card (ATM Card)

Branch also allows you to repay your loan using your debit card (ATM card). Follow these steps:

  1. Choose the “Debit Card” option from the dropdown menu.
  2. Enter your ATM card number, expiry date, and CVV number.
  3. Proceed to make the payment, which will be deducted instantly from your bank account.

Offline Repayment Methods

1. Cash Deposit at Bank (GT Bank)

If you prefer to repay your Branch loan offline or with cash, you can visit any GT Bank branch. Here’s how to do it:

  1. Head to a GTB branch with your full loan payment.
  2. Fill out the deposit form with your reference number, which you’ll obtain from the Branch app.
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This option is particularly convenient for GT Bank customers seeking an offline repayment solution.

Branch Loan Repayment FAQs

To provide you with a comprehensive understanding of Branch loan repayment, here are some frequently asked questions:

Can I pay my Branch loan before the due date?

Yes, you can repay your Branch loan before the due date, and it’s advisable to do so. Early repayment can lead to reduced interest charges and an improved credit score.

What happens if I don’t pay my Branch loan on time?

Failing to pay your Branch loan on time will result in increased daily interest rates. You will also receive persistent reminders from Branch urging you to repay your loan promptly.

How long do I have to repay my Branch loan?

You can repay your Branch loan anytime from the day you receive it throughout your loan duration period. Branch offers flexibility to accommodate your repayment schedule.

How can I pay back my Branch loan early?

You can make an early repayment on Branch using various methods, including bank deposit, USSD, bank transfer, and your debit card (ATM card).


With a multitude of repayment options available, repaying your Branch loan is now a straightforward process. Whether you prefer the convenience of online methods or the traditional approach of cash deposits at a bank, Branch has you covered. We hope this guide has alleviated any concerns you may have had about repaying your Branch loan.

If you still have questions or require further assistance on this topic, please feel free to use the comment section below. Our experts are here to help you navigate the Branch loan repayment process seamlessly.

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