NIRSAL MFB Gives New Update About Non-Interest Banking Window
AGSMEIS Loans

Here is a collection of Most Frequent Asked Questions about the AGSMEIS Loans Scheme.

If you can’t find the question you wish to get answers to, please reach us on our Twitter handle.
Question 1:
How do I access the loan?
Answer:
Interested applicants are to visit https://agsmeisapp.nmfb.com.ng/onboardingand create an account which will enable them start the application process, or visit any of the NMFB Certified EDIs to guide.
Question 2:
What is the interest rate for this AGSMEIS loan?
Answer:
The interest rate is currently at five percent (5%) per annum.
Question 3:
Do I need collateral?
Answer:
No, this AGSMEIS loans scheme does not require a collateral.
Question 4:
Do I need collateral?
Answer:
No, this AGSMEIS loans scheme does not require a collateral.
Question 5:
Has disbursement started?
Answer:
Yes we have disbursed over N95B and this is still ongoing.
Question 6:
Upon approval of my loan can the funds be released to me as i deem fit?
Answer:
No. Your approved loan amount will be disbursed to your NMFB account
For the purchase of your equipment(s)/machineries, this will be handled by one of the NMFB’s certified Vendors while the working capital funds will be accessible through your account for withdrawal, upon meeting all terms and conditions.

The Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEIS Loans) is an initiative to support the Federal Government’s efforts and policy measures for the promotion of agricultural businesses and small/medium enterprises (SMEs) as vehicles for sustainable economic development and employment generation.

Also Read >>> Today’s Latest Update On AGSMEIS NYIF and CBN COVID-19 TCF Loan

AGSMEIS Loans Application Portal: https://agsmeisapp.nmfb.com.ng

For further enquiry, contact NMFB loan support on:-
For More Updates Like Our Facebook Page

LEAVE A REPLY

Please enter your comment!
Please enter your name here