Home ยป how to borrow money from kuda app

how to borrow money from kuda app

Spread the love

This article will help you on how to borrow money from kuda app without stress and give you the best way to go about it.

Kuda Bank is one of the most popular bank apps in Nigeria right now. Kuda Bank app is an online-only bank that appeals to a large number of youths in Nigeria.

Kuda Bank also has many other features that make it an excellent alternative to traditional banking systems in Nigeria. It is without a doubt one of the best fintech companies in Nigeria. Kuda is an online bank that does not require users to visit physical banks in order to transact or resolve any problems.

This is because of the stress that people experience in banks. People may feel stressed by long queues that can waste time and prevent them from achieving their goals of going to the bank. We will explore Kuda Bank’s unique features and how they can be a great alternative to traditional banking.

READ ALSO:   12 Online Loans With Monthly Payments in Nigeria

Below are the steps on how to borrow money from kuda, carefully follow them and it should be easy for you.

This article will help you on how to borrow money from kuda app without stress and give you the best way to go about it.

How to apply for a Kuda Bank loan

Kuda Bank’s Overdraft makes it possible to get short-term loans online with no paperwork. You can also choose to repay at any time by paying 0.3% per day interest. How to apply for Kuda Bank’s overdraft

  1. Use the Kuda app to access your borrowed account.
  2. Click here to borrow
  3. Click on Get Your Overdraft.
  4. Next, touch.
  5. Click on the button to enter the amount that you wish to borrow.
  6. Verify your transaction PIN or face ID.
  7. Click OK and your account will be open for spending.
READ ALSO:   Fast Money Loan App: Download And Apply

What are Kuda overdrafts?

Kuda Overdrafts can be money borrowed for a brief period to address urgent matters. Kuda Bank refers to Kuda Overdraft as a “short-term loan”.

This is not a loan you need to request before it can be disbursed. However, the process is automated and is called “Overdrafts” rather than technically “loan”.

How Kuda Overdrafts work

If you have N50,000 in your Kuda Bank and need to pay N100,000. You can withdraw N100,000. Your account will then be -50,000.

It is the process of borrowing data or airtime from MTN to meet your urgent needs. Before you can borrow, you don’t have to visit any MTN office or complete any forms. You can borrow any SIM on MTN and pay for your next recharge once you are a regular user.

You can Apply For Quick Loan Using These Loan Apps

These loan apps are only for urgent loan for personal needs, they are all genuine loan apps

Zuma Cash Loan App

Alikash Loan App

Cash Farm Loan App

Bell Loan App

Wecredit Loan App

Kiakia Loan App

Unicredit Loan App

Aimloan App

Zedvance Loan App

Creditmesan loan app


Kmimk Loan Application


Leave a Comment

Your email address will not be published.

error: Content is protected !!