adminAre you new to Kuda bank and you are looking for how to open kuda bank account online? If yes then you are definitely in the right place.
To open an account in most banks, you have to go to their physical location and request for the account opening form, This can be quite stressful.
With Kuda bank you don’t need to visit their physical location, you just need to follow the right steps and you can open your account at the comfort of your home with just your mobile device.
The best fascinating fact about this is that you don’t need to make a deposit before your account gets activated. This implies that opening an account with Kuda bank is entirely free.
About Kuda Bank
Kuda bank is a microfinance bank that operates entirely online, offering their users swift financial services such as finds transfer, utility bill payment, airtime top-p and much more at the comfort of their home.
Kuda bank aims to simplify banking process for their users and also make banking available to a wide spread of users no matter their location.
Benefits of Opening Kuda Account
Below are some important benefits of opening a kuda bank account;
1. Easy Accessibility
With the Kuda bank, you can easily access your funds at any point in tiime, all you need is your smartphone and internet connection.
2. Zero Charges
Unlike other banks, Kuda bank will not impose multiple fees and charges on their users. The sole aim of this is to provide a transparent banking experience for their users with no hidden cost.
3. 24/7 Customer Spport
Because Kuda is an online bank, they also come with a 24/7 customer support. This will help to provide their customers with a sound banking experience without them having to go to their physical location for anything. This implies that no mater the problem at all Kuda customer support got you covered.
4. Personalized Savings
Kuda bank helps their customers to reach a certain savings goal by providing them with a platform that automatically saves money from their income.
You can Set spending limits, create savings goals, and track your progress effortlessly.
5. Kuda Loan
Kuda also provides their customers with loans to help them solve their immediate needs and pay back later.
Requirements For Opening Kuda Bank Account Online
Before proceeding to opening an account with Kuda bank, it is important that you know the requirements needed to carry out this process.
Below are the requirements for opening an account with Kuda bank;
- A smart mobile Device; To open an account with Kuda, you will definitely need a smart mobile device that has access to internet connection.
- A valid email address; It is important to make use of a valid email address that you have access to when opening an account with Kuda bank. This will help you for account verification.
- A Bank Verification Number; Of course just like other banks, you will need your BVN before your account will be approved.
- A passport Photograph; you will need a soft copy of your passport to help you with easy identification when opening your account.
- Proof of Address; You will need a proof of your residential address. This can come in form of your utility bill or bank statement that shows your address.
- Personal Information; When opening your account, you will be required to provide Kuda with your personal information such as name, age, Date of birth and much more.
- Phone number; You will definitely need a valid phone number to open a kuda bank account.
How To Open Kuda Bank Account Online
Opening a kuda ban account requires some few steps that will not take yo up to 10 minutes and your account will be ready
These steps include;
Step 1: Download The Kuda Bank App
On your mobile device, go to Google Play store or Apple store and download the Kuda bank app.
Step 2: Launch & Sign up App
Once you are done downloading, the app on your device, launch the app and then click on sign up. You will need to provide Kuda with the following information;
- full name
- phone number
- email address
Once you have provided these information, create a secure password for your login.
Step 3: Verify Your Identity
The next thing to do is to verify your identity. You can do that by following the prompt instruction on your screen and your identity will be verified.
Step 4: Fund your account & Explore Kuda
Once your identity has been verified, yo need to then fund your account and then explore all the interesting features of Kuda bank.
Read Also: kuda bank customer care number – Kuda Bank Contact Address
Steps on How To Secure Your Kuda Account
Once you have created your Kuda bank account, you need to then know the important steps you need to secure your Kuda account. This will help you protect your account from frauds.
You can secure your account by doing the following;
1. Avoid Public WiFi
Always avoid accessing your Kuda bank with free public WiFi. This is because the person on the back-end of the WiFi can access your mobile device when you connect to it. In order words avoid public WiFi.
2. Always Use Two-Factor Authentication(2FA)
Another way yo can secure your account is by putting on the two factor authentication. This adds an extra layer of security to your account.
3. Beware of Phishing Scam
You can secure your account avoiding messages and emails that look like they are from your bank but they are not. This messages are used to steal login details of most bank users.
4. Never Disclose Your Login Details
You should never display your login details to anybody. This is because any one with your login details can access your account at any point in time.
5. Use Strong Password
When creating a password for your account, it is advisable to create a strong password. Make sure you use a combination of letters, numbers and symbols.
Frequently Asked Questions on How To Open Kuda Bank Account Online
Can I Open Kuda Account with My Phone?
Yes you can, all you need to do is to follow the steps above,
How Much Can Kuda Account Hold?
Kuda account is just like other banks and it can hold as much as you want it to hold, provided that you have done all their verification process.
Can I use My Kuda Account For Business Transactions?
Yes you can, with Kuda you can transfer funds to other kuda bank users and even to other bank users.
How Long will it Take Me To Open Account with Kuda Bank?
Opening an account with Kuda bank does not require much time, within 10 minute you can be done with the registration provided that you have all the requirements.
Conclusion
Opening a Kuda bank account online can be quite easy and less stressful, provided that you follow the right steps.
Feel free to ask your questions in the comment section below.
admin
