As of 2024, Kuda Bank continues to give loan to it users. To check if you're eligible for a Kuda loan, you'll need to update your Kuda app to the latest version and follow the instructions in the app to apply for an overdraft. The approval process is usually quick, and if approved, the funds are credited directly to your Kuda account.
Is Kuda still giving Loan?
Kuda Bank continues to offer personal, salary and overdraft loans in 2024, providing customers with quick access to funds. Here are the key details regarding their loan offerings. Eligibility Requirements: To qualify for a Kuda personal loan, applicants must be Nigerian citizens or residents aged 21 to 55, have a regular income, a good credit history, and an active Kuda account with a minimum balance of ₦1,000. Required documents include a valid ID, a passport photograph, and a six-month bank statement.