NIRSAL MFB Gives New Update About Non-Interest Banking Window

NMFB Gives New Update About Non-Interest Banking For TCF and AGSMEIS

The Nirsal Microfinance Bank (NMFB) gives a new update about Non-Interest Banking Window Loans For Targeted Credit Facility (TCF) and AGSMEIS, Read the statement below;-

Dear Applicant,

This is to inform you that ALL credit facilities under the Non-Interest Banking Window of the Targeted Credit Facility (TCF) are for the purchase of EQUIPMENT/GOODS ONLY.

There is NO CASH component to the faclities.

All equipment/goods will be purchased for Successful applicants by VENDORS APPOINTED BY NMFB and delivered to the beneficiaries within 48 hours after payment to the vendors.

Customers are not expected to pay any vendor cash before or after delivery of equipment/goods.

Thank you for choosing NIRSAL Microfinance Bank.

About The NMFB Non-Interest Banking Window For TCF and AGSMEIS;-

The NMFB Non-Interest Banking window for TCF and AGSMEIS is a Non-Interest facility targeted at small businesses for the financing of key assets for their businesses.

Who is Eligible? 

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.

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.

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

How To Apply?

Interested applicants should apply online via NMFB Non-Interest Loan Portal

For further enquires,

Contact: 09010026900


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