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

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NIRSAL Microfinance Bank Covid-19 Loan Latest News today

NIRSAL Microfinance Bank Non- Interest Banking Portal Goes Live!!! via NIRSAL COVID loan application portal

 

 

 

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

 

In line with the CBN’s decision to extend a non-interest window to businesses and households that have been impacted negatively by the Covid-19 pandemic, NIRSAL Microfinance Bank’s portal is now live for applicants who are eligible under this scheme to apply.

 

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

 

Nirsal Microfinance Bank Loan 2021

Who is eligible ? 

1. MSME’s with 1-5 staff and verifiable evidence of business activities adversely affected as a result of the pandemic with evidence of job protection for its staff.

2. Hospitality businesses, health (pharmaceuticals and medical supplies) Airline service providers, manufacturing/value addition, trading and any other income generating activities as may be prescribed by CBN and are Shari’ah complaint.

 

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

 

 

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.

 

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 APPLY ( Nirsal Microfinance Bank Non-interest Banking Portal)

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.

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