True Loan

KUDI PALLY TECH LIMITED

1998

Loan amount

₦ 10,000 up to ₦ 200,000

Loan term

90 to 365 days

Interest rate

from 0.04% to 0.09%

Service fee

0% to 3%

Requirements

Applicants must be Nigerian citizens

Loan disbursemen

Loan disbursement on the same day

Apply Now

Version:

1.0.7

Support:

Android 7.0 and up

Updated Date:

Mar 26, 2026

Downloads:

1M+

Size:

54,78MB

Email:

[email protected]

Hotline:

+234 9012919381

Website:

https://www.kudipallyltd.com/

Working hours:

7:30 Am - 5:00 Pm

Address:

6, Ekundayo Street, Ijein Titun, Ogun State

Information

Registration Operating Area

Nigerian citizens

Registration Age Requirement

Applicants must be 18 years old or above to be eligible for loans

Personal Income Requirement

Must have a monthly income of approximately ₦1,000

Phone Number Requirement

Phone number must have been in use for more than 3 months

Repayment Method

Loan repayment via the app or bank transfer

Document Requirement

Valid personal ID is required

Initial Registration Loan Amount

Maximum of ₦10,000

First Loan Interest Rate

Starting interest rate: 14.5%

New Customer Promotion

Interest-free for the first 10 days

Loan Interest Rate

From 14.5% to 36% per year

Loan Amount Limit

Loan amount ranges from ₦10,000 to ₦200,000

Loan Term

From 91 days to 365 days

Approval Time

Approved within 1 hour

Loan Service Fee

Service fee: 0% – 3%

Late Payment Penalty

As specified in the app’s agreement

True Loan is a reputable digital lending application in Nigeria, designed to help users take control of their own financial decisions. With a simple process, transparent terms, and fast disbursement speed, True Loan delivers a convenient loan experience directly on your mobile phone.

Lender Information

Legal Entity Name: Kudi Pally Tech Limited
Approved Application: True Loan
FCCPC Approval Number: FCCPC/DSE/INV/ML/450

Screenshot 1917

Advantages of True Loan

Transparent and easy-to-understand loan terms
APR is regulated and does not exceed 36%
Long and flexible loan terms of up to 365 days
Fast registration process, fully online
Legally approved by the FCCPC in Nigeria
No hidden fees, all costs are clearly displayed before borrowing

Disadvantages to Consider

Maximum loan amount of ₦200,000, not suitable for large loan needs
Available only to Nigerian citizens
Stable income is required for approval
Daily interest calculation may be costly for short-term loans with late repayment

Data Security Commitment True Loan applies advanced encryption technologies and security protocols to protect user data. Personal and financial information is used solely for loan assessment purposes and is never shared without the customer’s explicit consent.

Loan Calculator

Based on the loan amount

I want to borrow

Term / Days

%/day

Loan Amount

10 000 000 $

Interest

70 000 $

Total Repayment

10 070 000 $

Annual Interest Rate

18 %

Apply Now

Number of Loans

Author: Sabiha Sathi

Sabiha Sathi is an experienced financial expert in the fields of credit and lending, currently serving as the Content Manager for the website. With a user-centric approach, she focuses on sharing carefully curated information about trustworthy online loan applications and is committed to delivering clear, fast, and effective borrowing solutions tailored to specific financial needs.