Kuda Bank Loan: How to apply for loan and Borrow Money From Kuda Bank App

Hello, are you looking for how to apply for Kuda loan? If yes, this article is for you. In this blog post I will teach you how to apply for loan and borrow loan for free from kuda bank. Without wasting much of our time, let’s quickly get started. 

What is Kuda bank?

Kuda Bank is a digital bank that offers a variety of financial products and services, including loans. Kuda Bank loans are available to all customers who meet the eligibility requirements. 

What is Kuda Bank Loan?

A Kuda Bank loan is a short-term loan that can be used for a variety of purposes, such as paying for unexpected expenses, consolidating debt, or making a large purchase. Kuda Bank loans are available in amounts up to ₦200,000.

How much can I borrow from Kuda?

The amount of money you can borrow from Kuda Bank depends on your credit score and income. Kuda Bank will assess your financial situation and make an offer based on your individual circumstances. On a normal basis, you can borrow up to 200,000 Naira. 

What are the interest rates and fees?

The interest rates and fees for Kuda Bank loans vary depending on the amount borrowed and the length of the loan term. Kuda Bank offers competitive interest rates and fees, and there are no hidden charges.

What are the eligibility requirements?

To be eligible for a Kuda Bank loan, you must posses all of the following requirements. They include;

  • Be at least 18 years old
  • Have a verified Kuda Bank account
  • Have a good credit score
  • Have a steady income
  • How to apply for a Kuda Bank Loan
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How to apply for Kuda bank loan

To apply for a Kuda Bank loan, you can follow these steps:

  1. Open the Kuda Bank app.
  2. Tap on the “Borrow” tab.
  3. Enter the amount you want to borrow.
  4. Select the length of the loan term.
  5. Review the terms and conditions.
  6. Tap on “Apply”.

Kuda Bank will review your application and make an offer within minutes. If your application is approved, the funds will be deposited into your Kuda Bank account immediately.


In conclusion, that how to borrow money from Kuda app in 7 steps in Africa. I hope you find this helpful. If you have any question, don’t hesitate to share with us in the comment section. Thanks. 


What is the maximum loan amount I can borrow?

The maximum loan amount you can borrow from Kuda Bank is ₦200,000.

Can I get loan on Kuda app?

Yes, you can get a loan on the Kuda app if you meet the following requirements:

  • You must be at least 18 years old.
  • You must have a verified and active Kuda Bank account.
  • Your account should show consistent transaction activity over a specified period.
  • You must have a good credit history.

What is the code for Kuda bank loan?

The USSD code for KUDA bank is *894# and follow the prompt. 

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