NMFB Portal Open for New Registration for Nirsal TCF & AGSMEIS Covid-19 Loan 2022

New Registration for Nirsal TCF and AGSMEIS Covid-19 Loan 2022 is now open on the NMFB Portal.
If you were interested in the federal government’s NIRSAL TCF and AGSMEIS Covid-19 loans but did not have the opportunity to apply, you now have another option to apply for an NMFB NIB loan.
Nirsal Microfinance Bank NMFB’s management has released a new update on non-interest banking NIB loans.
Successful applicants who have already applied, on the other hand, have begun accepting their offers in the federation.
Nissal Microfinance Bank NMFB has released a new update regarding non-interest banking NIB loans. According to the NMFB, new NIB approvals are out.
See details below
Dear Applicant, Your NIB TCF loan has been approved. Click https://nibloans.nmfb.com.ng to accept the offer. For Enquiries call 09010026907.

How to Apply for NMFB TCF & AGSMEIS Covid-19 Loan

Interested Applicants are to visit https://nibloans.nmfb.com.ng to start a new application or complete any pending application.
NMFB management had earlier notified NIB applicants that they should not sign any vendor’s Asset/goods acceptance note or invoice until they confirm that the goods they originally requested for, matches what is being delivered.

The New Registration of Nirsal TCF & AGSMEIS Covid-19 Loan 2022

Non-Interest Targeted Credit Facility (TCF-NI)
The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support household and Micro, Small, and Medium Enterprise (MSMEs) affected by the COVID-19 pandemic. It is a non-interest term facility targeted at small businesses for the financing of key assets for their businesses.
The financing limit is N2,500,000.00 for a tenure of 3 years with 6 months moratorium (a moratorium is a grace period of granted to the customer by the Bank to postpone the payment).
Non-Interest Agri-Business, Small And Medium Enterprise Investment Scheme (Agsmeis-Ni)
The non-interest product is an alternative to the existing AGSMEIS program based on Islamic principles of financial transactions using products such as Murbah and Ijarah.
This is a term specifically proposed for finance of equipment, raw materials and working capital.