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NYIF Guidelines: How to Complete Your Application for NYIF 75billion facility

April 4, 2021 By Amitverain Leave a Comment

Guidelines on how to complete your application for NYIF 75billion facility

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In a previous article, we introduced how to check your email, so we provide guidelines on how to fill out your application, which will give you the opportunity to get a loan.

nyif logo

The application has 5 stages which are business category, loan details, financial information and financial information.

Let’s start with the first business category

For this step, applicants must also select their business category and upload their local government certificate (Indigene), but the file size will no longer exceed 500 KB.

nyif business category

business information

At this stage, applicants are required to provide detailed business information, including business sector, type of company, and business information.

nyif business

Loan statement

At this stage, you need to invest in the loan you are applying for, the loan term, the loan moratorium, the purpose of the loan (at least 10 word characters), the name of the bank and the account number.

nyif loan details

loan details

Financial information

This is the most important of all the steps, as special attention needs to be paid to filling in all the columns, so applicants are advised to take care when entering their business financial information.

Take the example from the screenshot below.

financial info

Financial information (company)

This is the final stage in which applicants identify the financial information they have provided and also select the source they have heard about the program.

financial info1

nyif application online

After completing all of these steps, click Submit to apply and be concerned about the training date, review, and loan approval.

Important Links

  • NYIF
  • https://nyif.nmfb.com.ng/
  • www.nasims.gov.ng
  • Npower Portal
  • www.survivalfund.gov.ng
  • Npower News Update Today

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