NMFB TCF Covid-19 Loan Repayment: How to Repay your NIRSAL CBN NMFB Covid19 Loan – This update is released as NIRSAL Microfinance Bank call out all that took loan of NMFB TCF Covid-19 Loan to start repaying their money. It is a loan and not a grant so there is need for repayment. NMFB have played their own part, it is time for you to do yours. For those that have not benefited, you can still apply for NMFB TCF Covid-19 Loan Here. Moreover see how to repay your NMFB TCF Covid-19 Loan

NMFB TCF Covid-19 Loan Repayment: How to Repay your NIRSAL CBN NMFB Covid19 Loan

The management of NIRSAL Microfinance Bank has called for the repayment of the Central Bank of Nigeria’s (CBN) Targeted Credit Facility (TCF) COVID-19 loans obtained by several entrepreneurs across the nation.

For those who are yet to apply for the NMFB TCF Covid-19 Loan, CLICK HERE TO APPLY

This was disclosed by the financial institution on Monday via its Twitter handle.

According to NIRSAL, it has done its own part and it is time for the business owners, who took the loans, to do theirs.

Read: NMFB Covid-19 TCF Household Loan Payment 2022: How to Check and Confirm Loan Status Approval as FG Begins Payment

What NIRSAL is saying about repayment

It stated, “NMFB loan repayment: We have played our part, it is your turn now to pay back the loan.”

How to Repay your NMFB TCF Covid-19 Loan for Household and Business

The steps to repay your loan include;

1.     Step one: Visit the nearest NMFB to obtain a loan repayment schedule (optional)

2.     Step two: Ensure that your loan account is always funded

3.     Step three: SMS of your account number has been previously sent to your mobile phone

4.     Step four: You can view your offer letter on https://covid19.nmfb.com.ng/HomeLoans into the website and https://covid19.nmfb.com.ng/SmeLoan

5.     Step five: Contact Customer care on 09010026900-7 for further enquiries.

Other loans to apply; CLICK HERE

Recall; NMFB Covid-19 Loan was part of the stimulus package announced by the Central Bank of Nigeria (CBN) to help mitigate the impact of the coronavirus pandemic on the economy and businesses, the apex bank introduced an N50 billion Targeted Credit Facility (TCF) in March 2020, to support households and micro, small and medium enterprises (MSMEs) that have been affected by the pandemic.

The facility from CBN, which is to be disbursed through the NIRSAL Microfinance Bank Ltd (NMBL), had recorded about 80,000 applications as at April.

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