Four Important Things All NMFB Non-interest Banking Window Loan Applicants Must Know Ahead of Disbursement

Four Important Things All NMFB Non-interest Banking Window Loan Applicants Must Know Ahead of Disbursement

The Nirsal Microfinance Bank has listed out four important things every Targeted Credit Facility (TCF) Non-interest Banking Window Loan Applicants must know ahead of loan disbursement, so make sure you read until the end.

You may also want to read NMFB Starts Shortlisting Applicants For The New Non-Interest Banking Window Loan

The NMFB released a statement today on their official Instagram account to clarify all Non-interest Banking Window applicants on what to know about the Loan before the Shortlisted applicants will start receiving their package.

According to the statement which reads:

1. All Credit Facilities which the Non-interest Banking Window of the Targeted Credit Facility TCF are for the purchase of Equipment/Goods ONLY.

2.  There is no CASH equipment to the facility.

3. All equipment/goods will be purchased for successful applicants by VENDORS APPOINTED BY NMFB and delivered to the beneficiaries within 48 hours after payment to the vendor.

4. Customers are not expected to pay CASH to any vendor before or after delivery of equipment or goods and vendors are not allowed to provide cash to Applicants.

All applicants are advised to adhere to the above instructions in order to benefit from these Loan scheme.

You may also want to read NIRSAL Microfinance Bank Non-Interest Banking Portal Goes Live

Note: The NMFB Non-interest Banking Window portal is still open for new applicants, kindly visit their official website at http://www.nmfb.com.ng/ to apply.

Four Important Things All NMFB Non-interest Banking Window Loan Applicants Must Know Ahead of Disbursement

20 thoughts on “Four Important Things All NMFB Non-interest Banking Window Loan Applicants Must Know Ahead of Disbursement”

    • I got information that my account has been open successfully with the nirsal MFB and it was sent to me with some amount attached to it. Does it mean there’s no way I can access the money into my personal account?

      Reply
  1. I applied for this loan since July last year and nothing has been done up till date. I hope things will be better this time around. Baba Buhari thank you oo.

    Reply
  2. I have applied for the first one since march early this year, and nothing was done about it, no update, no verification and no any message sent to my email. And i still apply for the second one. Hopefully this wouldn’t be like the first package. I wish our country nigeria more strenght, more effort and more greese to it knees.

    Reply
  3. I applied for the program since last year July did every thing as required, up til now no information, I am waiting for reply, okoroafor Ogbu

    Reply

Leave a Comment

Do You Want Latest Update?

X