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NMFB Loan News 2022- TCF COVID-19 Loan Disbursement

July 18, 2022 By Amitverain Leave a Comment

NMFB News On Failed TCF COVID-19 Loan Disbursement

Nirsal Microfinance Bank has given a new update regarding NMFB Failed TCF COVID-19 Loan Disbursement.

According to NMFB, TCF COVID-19 Loan beneficiaries should know that failure to upgrade the category of your savings account from Tier 1 to Tier 3 can prevent receipt of your NMEB loan amount.

Given the average value of the TCF (covid-19) loan, ONLY Tier 3 Savings and Current accounts can be successfully credited.

To avoid or correct this problem, go and check/upgrade the status of your account with your bank today.

Ensure you obtain confirmation of the upgrade from your bank and notify the NMFB branch closest to you.

Note that you have till 31st July 2022 to upgrade your accounts. From 1st August 2022, your unpaid approvals will be nullified/invalidated, NMFB said.

Applicants select vendors for NMFB non-interest loan

Today’s NMFB Loan News: Beneficiaries of Non-Interest Banking Window for TCF to know that the newly improved NIRSAL Microfinance Bank Non-Interest Banking (NIB) portal for TCF is live.

Hence beneficiaries can now select vendors at their location on the new and improved portal.

This coincides with the management of NMFB. We are pleased to announce that applicants can now choose their own vendors based on their preferences, locations and business types.

How To Select NMFB Non Interest Loan Vendors:

  • Visit https://nibloans.nmfb.com.ng/ to get started.
  • Click on the Portal Menu and select Non interest then click on the option of Loan category that applied to you.
  • A list of the following options will be displayed:
  • Application Status
  • BVN Details
  • Applicant Details
  • Bio-Data Information
  • Financing Information
  • Declaration
  • Accept Offer Letter
  • Accept Undertaking to Buy
  • Accept Agency Agreement
  • Vendor Details
  • The Click on vendor details to select vendor by yourself.

NIRSAL Microfinance Bank is providing you NMFB Loan-

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