Business & Loans
NMFB Transfer Code: How To Transfer Your NMFB Loan To Your Bank Account
NMFB Transfer Code: How To Transfer Your NMFB Loan To Your Bank Account
If you are one of the Nirsal Microfinance Bank Loan beneficiaries whose Loan has been credited into his/her NMFB account but don’t know how to move it to your bank account, then this article is for you.
The Nirsal Microfinance Bank has provided a transfer code to help you easily transfer your Loan To Your Bank Account, Pay bills and do other transactions from your NMFB account.
What You Need To Know About Nirsal
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.) is a US$500million Non-Bank Financial Institution wholly-owned by the Central Bank of Nigeria (CBN) created to Redefine, Dimension, Measure, Re-Price and Share agribusiness-related credit risks in Nigeria.
Nirsal was established in collaboration with the Federal Ministry of Agriculture and Rural Development (FMARD) and the Nigerian Bankers’ Committee in 2013 the Nirsal Microfinance Bank (NMFB) was later created to make the disbursement of loans easier for the applicants.
NMFB Transfer Code / USSD Code
The NMFB transfer code is *646#
How To Transfer Your NMFB Loan To Your Bank Account
There are two ways to transfer your Nirsal Loan to your bank account:
1. You can conveniently make a transfer to anyone from your NMFB account using the bank’s USSD code *646#. For you to use the USSD code, make sure it is the SIM card you used during your application. Dial the USSD code and follow the instructions to achieve that.
2. You can transfer your money to your bank account using the Nirsal Microfinance Bank Mobile App. All you need to do is to download the app on PlayStore, register, and log in to start using it.
To learn how to download the Nirsal Microfinance Bank Mobile App, then read How To Download Nirsal Microfinance Bank App And Get CBN Covid-19 Loan Easily
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