Octopus Microfinance Bank Limited

Oban Rating:

4.3/5.0

Founded in 2018, Octopus Microfinance Bank provides sustainability as we support and grow our customers’ wealth with upmost confidence. We offer maximum loaning, investment, and trading services as we operate under transparency, and trust. Our objectives are to extend the extra hands to customers who are in need of instant provision of funds, with no hidden charges.

Kuda Microfinance Bank Loans and Terms

Loan Type

personal_loans

Loan Amount

₦50000

-

500000

Repayment Terms

1

-

12 months

Monthly Interest

3

-

5%

Location

Lagos

Employment Preference

Full Time

Pros: 

Flexible lending periods, Low interest rates, Low charges and late fees

Cons: 

High document requirements, Moderate income requirements, Limited lending packages

Estimated Interest Rate

3

-5%

Max Loan Amount

₦500000

Loan Term

1

-12 months

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