How to check if your NIRSAL COVID-19 Loan is Approved for Payment: Portal to Confirm Status – This article is written to guide you on the steps to check if your NIRSAL Covid-19 loan has been approved for payment to enable you know your next line of action. The portal for checking NIRSAL COVID-19 LOAN Approval Status is out and available for all to use and check.
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It is a very vital step to check your NIRSAL COVID-19 Loan Payment Approval Status. All that applied for Nirsal NMFB Loan should kindly check if their loan has been approved for payment.
First, you should take note of the following:
How to check if your NIRSAL Covid-19 Loan has been approved for Payment: Nirsal NMFB COVID-19 Loan Payment Checker
Below are the steps and links that applicants need to follow to check their loan status:
Contrary to the expectations of some applicants that the loan is non-repayable, the federal government has warned that the loan must be repaid by successful applicants.
Please note that 5% of the total funds received will be deducted before payment is made to you. The most important thing here is to make sure you don’t default in repayment.
The loan is to be repaid in 3 years. Since your BVN has been linked to all your accounts, if you fail to repay, the amount will be deducted monthly from your account.
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