Kuda Bank is offering three types of loans with different requirements

Here's everything you need to know about all the three loans that are available on the Kuda Bank App.

Anonymous

Kuda Bank is offering three types of loans with different requirements

Kuda Bank is a neobank operating with a microfinance bank (MFB) license in Nigeria. The bank pronounced itself as "bank of free" because it's offering 25 free transfers to individual account holders per month. In addition to the free transfers, Kuda Bank is offering cashbacks on payment made through the app. For instance, if you purchase airtime worth N200, you will get N50 cashbacks. The amount of cash back you get varies per amount of the transaction. Well, that's not where we're going today. Today, we'll be diving into the types of loans Kuda is offering to its customers. Kuda Bank offers overdraft, salary advance and personal loan to any individual using the app for day-to-day transactions. Types of Kuda Bank Loans 1. Overdraft Kuda Bank's Overdraft is a loan offer that allows you to spend beyond your available balance. For instance, if you're eligible to get N20,000 overdraft, you will spend up to N20,000 starting from N0 on your account. The moment yo…

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