How do I qualify to borrow on Mtn South Africa
In order to qualify, customers will be profiled according to the following criteria;
- SIMS registration status
- Age on network
- Frequency of recharges
- The average revenue per user
- Status on network and status history
- Customers Xtratime usage and payment history
- Customers Xtratime loan status
How much airtime can I borrow on MTN
In South Africa, the amount of airtime that people can borrow varies between networks. The maximum amount you can borrow from MTN is R50. The amount you can borrow depends on a variety of factors, however.
What is the code for borrowing MTN airtime
The code for borrowing airtime from MTN is *136*2#.
Can I convert borrowed airtime to data
You can convert the airtime you borrow from MTN into data. It is as simple as dialing *136*6#. Follow the instructions that appear.
Who is the service available to
This service is available only to MTN Pay as You Go and Top Up customers. Regardless of your status as a customer, you will have to meet certain requirements.
What can this airtime be used for
We have already noted that you can use the airtime that you borrow from MTN to buy data. The following are some of the services for which this airtime can also be used;
- You can make calls.
- Borrowed MTN airtime can be used for sending SMSs.
- You can buy premium services.
- This airtime can be transferred to other MTN customers.
- You can make international calls.
- You can browse the internet.
How much does it cost
Whenever you borrow airtime from MTN, you are charged R1. This applies to any amount of airtime borrowed. The fee remains the same. The fee is similar to what’s charged by other South African telecommunication companies such as Telkom and Vodacom.
When will I have to pay back
MTN will deduct the money you borrow from your account the next time you recharge your SIM card. As an example, if you borrow R10, you will need to repay R11. Service fees are included.
In the event that you do not recharge your phone with that amount on the next recharge, all the money that you have just put into your phone will be used to pay off your debt. This will continue until MTN has repaid you all the money you borrowed from them.
Can I borrow multiple times
As long as you stay within the maximum limit of R50, you can borrow MTN airtime multiple times. For example, you can borrow R10 today and R20 tomorrow.
Why MTN Xtra Time can be a lifesaver.
In an earlier article, we described how to send a please call me back message on MTN. Also, we documented MTN’s airtime transfer process. Especially in Africa, these services are very useful. Sharing is what we do best. Sometimes we must share whether we like it or not! It is all part of being one big happy family. Therefore, the various networks in South Africa have extended the courtesy by allowing people to borrow airtime.
Conclusion
People and their loved ones are connected by airtime. Additionally, airtime can help you send a life-saving message. Because of the lack of airtime subscribers experience for some constraints. MTN offers credits to customers who qualify for them. And thereafter require them to pay back later. This is a cool initiative by MTN, isn’t it?