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 to accept the offer. For Enquiries call 09010026907.
How to Apply for NMFB TCF & AGSMEIS Covid-19 Loan
Interested Applicants are to visit 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.
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