How to Borrow Money from Kuda Bank
Kuda Bank offers three kind of Loans to customers; overdraft loans, salary advance loans and personal loans. Kuda Overdraft : This is a small, short-term loan accessible anytime for frequent Kuda account users. It has a low maximum amount and accrues a daily interest rate of 0.3%. Kuda Salary Loan : This seems to be a larger loan option available only if your employer offers it through the Kuda Bank App. The application process is done through the Kuda app and eliminates paperwork. Kuda Personal Loan : Another larger loan option accessible directly through the Kuda app for up to ₦150,000. Similar to the Salary Loan, it boasts a quick approval process and avoids paperwork. Kuda Overdrafts provide short-term financing accessible at any time, contingent upon regular usage of your Kuda account, with just 0.3% daily interest and no cumbersome paperwork. With Kuda Salary Loan , facilitated through your employer's enrollment, you can swiftly apply for a loan via the Kuda app after opening an acc…
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