Check CBN NMFB TCF Covid-19 Non-Interest Loan Approval 2021

NEW: Apply for CBN NMFB TCF Covid-19 Non-Interest Loan 2021| Household, SME, Agsmeis, http://nmfb.com.ng

NIRSAL Microfinance Bank Covid-19 Loan Latest News today: Following the opening of Nirsal Microfinance Bank Non-interest Banking Portal in the month of August, 2021 for fresh applications of applicants whose businesses and households have been impacted negatively by the Covid-19 pandemic. Nirsal Microfinance bank have started sending approval messages for first batch of appllicants who submitted their loan applications through NIRSAL COVID loan application portal.

 

Check CBN NMFB TCF Covid-19 Non-Interest Loan Approval 2021

 

We can recalled that the Nirsal Microfinance Bank Non-interest loan is under 3 categories; Non-Interest TCF Household, Non-Interest TCF ( SME) and Non-Interest Agsmeis.

 

Check CBN NMFB TCF Covid-19 Non-Interest Loan Approval 2021 loan offer acceptance

 

And under this new Microfinance Bank Non-interest loan, Cash is not going to be disburse directly into approved applicants accounts but rather the materials they requested during their applications will be purchase for them from approved vendor by CBN. i.e If applicant requested for Farming tools he is going to be connected with a vendor selling those materials to deliver the materials to to him.

 

Check CBN NMFB TCF Covid-19 Non-Interest Loan Approval 2021

 

 

 

Non-interest Nirsal Loan Terms and Conditions of Loan Acceptance

Amount of Non-interest Nirsal Loan to Access

  • Financing limit for MSME’s is N2,500,000 while Household is N1,000,000.

 

Product Name: Non-Interest Targeted Credit Facility (TCF-NI).
Facility Type: Term Credit Facility.
Maximum Facility Amount: Household: N500,000.00
Profit margin: 9%
Maximum Payment Period: 36 months.
Global Standing Instruction: In case you default, payments will be recovered from your accounts. Note that you must accept this as part of the offer letter.
Application Process: The process of the application will take place in three distinct phases:
Phase 1: Application for Financing
Apply for the TCF-NI facility by providing relevant personal information and the business to be finance.
Phase 2: Acceptance of Offer and other Agreements.
You will be notified when your application is approved and required to do the following:
  • Generate the Offer Letter and accept it
  •  Generate the Undertaking to Buy Agreement and accept it.
  •  Input the details of the items to be financed. This must conform with the approved amount as shown on your offer letter.
  •  You will finally attach invoices for all the items to be financed.
Phase 3: Taking delivery and Execution of Murabahah Agreement.
Upon fulfillment of Phase 2, wait for the disbursement of funds to the proposed vendor. The funds will be used to purchase equipment and raw materials from the vendor. Either NMFB or you as its agent will then be assigned to take delivery of the assets. After taking delivery, you will be required to execute the murabahah agreement on the final stage of the contract.

 

HOW TO CHECK 2021 NIRSAL NON-INTEREST LOAN APPROVAL VIA NIRSAL MICROFINANCE PORTAL LOGIN;

Nirsal microfinance are currently sending massive approval through sms text message where applicants will have a link attarch in the text where they will follow the link, accept or reject the loan offer.

If you received a text message on your approval without a link in the text, kindly wait for another text message that will contain your approval link.

 

Some applicants are receiving a text from NMFB to go back to Nirsal Microfinance portal to update cost of items aporoved to them, If you received such message visit Nirsal loan portal click on Returning Applicant fill the spaces for BVN, Last Name and Reference Number you used during the registration, click next to reduce the cost od items you fill so that it will equal the 500,000 amount eligible for household loan.

Submit and wait for another text from NMFB.

 

NIRSAL NMFB LOAN COST OF ITEMS UPDATE

 

 

But surely Nirsal Microfinance loan approval link would soon provide for loan approval checking.

 

 

Check CBN NMFB TCF Covid-19 Non-Interest Loan offer Approval 2021 sample

 

For those that are yet to apply, the application is still ON!!!!! Follow the links below to apply.

 

NEW: Apply for CBN NMFB TCF Covid-19 Non-Interest Loan 2021| Household, SME, Agsmeis

 

CBN Nirsal Micro Finance Non-interest Loan Categories | NIRSAL loan application portal

1. Non-Interest Agsmeis

 

2. Non-Interest TCF Household ( NMFB household loan)

 

3. Non-Interest TCF ( SME)

 

 

Amount of Non-interest Nirsal Loan to Access

  • Financing limit for MSME’s is N2,500,000 while Household is N1,000,000.

 

HOW TO APPLY ( Nirsal Microfinance Bank Non-interest Banking Portal)

covid-19 household loan application form

Applicants are to Apply via our website Nirsal Covid-19 Loan Portal 2021/Cbn COVID-19 loan application portal login below;

USE FIREFOX BROWSER FOR BEST APPLICATION !!!!!! You can download it from Google play or Google search

http://nmfb.com.ng/

OR

http://nmfb.com.ng/non-interest loans

OR

http://nmfb.com.ng

 

  • Scroll down the page to

“NIRSAL LOAN MICROFINANCE BANK NON-INTEREST BANKING PORTAL FOR AGSMEIS AND TCF GOES LIVE”

 

  • Click on the loan Target Credit Facility (TCF) of your choice and Apply.

 

  • How to check nirsal loan approval via Nirsal portal login below;

https://covid19.nmfb.com.ng/

 

NEW: Apply for CBN NMFB TCF Covid-19 Non-Interest Loan 2021| Household, SME, Agsmeis

For further enquires, contact 09010026900

Be the first to comment

Leave a Reply

Your email address will not be published.


*