GoldenNewsNG
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us
No Result
View All Result
Golden News
No Result
View All Result

Latest News On Nirsal CBN Non-Interest TCF Credit Application Loan Portal

Enudi Golden by Enudi Golden
January 11, 2024
in business, Featured, Headline
Reading Time: 3 mins read
Simple Steps To Recover Your Covid-19 TCF Loan Application Reference Number
40
SHARES
Advertisements

Latest News On Nirsal CBN Non-Interest TCF Credit Application Loan Portal

Nirsal CBN Non-Interest TCF Credit Application Portal (Household) – nibloans.nmfb.com.ng/noninterestlendingtcfhousehold-nmfb.com.ng

The Nirsal Microfinance Bank non-interest banking portal for households that have been impacted negatively by the Covid-19 pandemic as we will be walking you through the portal and how to apply.

This is in line with the CBN’s decision to extend a non-interest window to households that have been impacted negatively by the Covid-19 pandemic.

 

 

Who is eligible?

MSME’s with 1-5 staff and verifiable evidence of business activities adversely affected as a result of the pandemic with evidence of job protection for its staff.

Hospitality businesses, health (pharmaceuticals and medical supplies) Airline service providers, manufacturing/value addition, trading, and any other income-generating activities as may be prescribed by CBN and are Shari’ah compliant.

Product Name: Non-Interest Targeted Credit Facility (TCF-NI)

Facility Type: Term Credit Facility

Maximum Facility Amount: Household: N500,000.00

Profit margin: 9%

Maximum Payment Period: 36 months

Note: In case you default, payments will be recovered from your accounts. Note that you must accept this as part of the offer letter.

Application Process:

The process of the application will take place in three distinct phases:

Phase 1: Application for Financing

Apply for the TCF-NI facility by providing relevant personal information and the business to be financed.

Phase 2: Acceptance of Offer and other Agreements

You will be notified when your application is approved and required to do the following:

  • Generate the Offer Letter and accept it
  • Generate the Undertaking to Buy Agreement and accept it
  • Input the details of the items to be financed. This must conform with the approved amount as shown on your offer letter.
  • You will finally attach invoices for all the items to be financed.

Phase 3: Taking delivery and Execution of Murabahah Agreement

Upon fulfillment of Phase 2, wait for the disbursement of funds to the proposed vendor. The funds will be used to purchase equipment and raw materials from the vendor. Either NMFB or you as its agent will then be assigned to take delivery of the assets. After taking delivery, you will be required to execute the Murabahah agreement on the final stage of the contract.

Application Process

STEP 1: APPLICATION STATUS

Choose whether you are a NEW or RETURNING applicant?

Remember to copy and save your APPLICATION REFERENCE NUMBER (in this format: TCFNI1234567).

Step 2: BVN Details

Enter your BVN and click on “Validate BVN” and confirm your details.

Step 3: Applicant’s Details

After you have validated your BVN, check the details displayed to confirm that everything is ok, and click “Next”.

Step 4: Biodata Information 

Fill in PROMOTER INFORMATION (your biodata): Email, Phone number, Address and State of Residence, etc.

Step 5: Financing Information

Select the purpose of the facility application. Select only one (1) purpose *

  • To purchase equipment or asset for home use
  • To purchase equipment or asset to expand business

Step 6: DECLARATION

Select how you heard about the TCF application, and check the button “I hereby declare that the information provided is true and correct”. Then click SUBMIT.

If your submission is successful, you will get this message below:

“TCF-NI CREDIT APPLICATION (HOUSEHOLDS)

“Non-Interest TCF Household Application was successfully validated and created. Thank you for applying for the TCF-NI Household facility. Your application will be processed, and you will be notified of the status of your application.”

How to Apply|NON-INTEREST TCF FACILITY APPLICATION

  • Visit https://nibloans.nmfb.com.ng/nmfbloanapplicationportal
  • Select Non-Interest Facilities
  • Select Non-interest TCF
  • Click on the option below to proceed
  • Select APPLY FOR HOUSEHOLDS FACILITY (NON-INTEREST)

Interested and qualified businesses and households should apply via the Nirsal MFB website on www.nmfb.com.ng for businesses or households:

1. NON-INTEREST TCF (HOUSEHOLDS >> https://nibloans.nmfb.com.ng/noninterestlendingtcfhousehold

2.NON-INTEREST FCT(SME) >> https://nibloans.nmfb.com.ng/noninterestlendingtcfsme

3.NON-INTEREST AGSMEIS >> https://nibloans.nmfb.com.ng/agsmeisnoninterestlending

For further enquiries, contact Nirsal Microfinance Bank (NMFB) on 09010026900.

Nirsal CBN Non-Interest TCF Credit Application Portal

READ ALSO

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

Over 100 killed as Deadly floods hit Popular Market in Nigeria

Advertisements

Latest News On Nirsal CBN Non-Interest TCF Credit Application Loan Portal

Nirsal CBN Non-Interest TCF Credit Application Portal (Household) – nibloans.nmfb.com.ng/noninterestlendingtcfhousehold-nmfb.com.ng

The Nirsal Microfinance Bank non-interest banking portal for households that have been impacted negatively by the Covid-19 pandemic as we will be walking you through the portal and how to apply.

This is in line with the CBN’s decision to extend a non-interest window to households that have been impacted negatively by the Covid-19 pandemic.

 

 

Who is eligible?

MSME’s with 1-5 staff and verifiable evidence of business activities adversely affected as a result of the pandemic with evidence of job protection for its staff.

Hospitality businesses, health (pharmaceuticals and medical supplies) Airline service providers, manufacturing/value addition, trading, and any other income-generating activities as may be prescribed by CBN and are Shari’ah compliant.

Product Name: Non-Interest Targeted Credit Facility (TCF-NI)

Facility Type: Term Credit Facility

Maximum Facility Amount: Household: N500,000.00

Profit margin: 9%

Maximum Payment Period: 36 months

Note: In case you default, payments will be recovered from your accounts. Note that you must accept this as part of the offer letter.

Application Process:

The process of the application will take place in three distinct phases:

Phase 1: Application for Financing

Apply for the TCF-NI facility by providing relevant personal information and the business to be financed.

Phase 2: Acceptance of Offer and other Agreements

You will be notified when your application is approved and required to do the following:

  • Generate the Offer Letter and accept it
  • Generate the Undertaking to Buy Agreement and accept it
  • Input the details of the items to be financed. This must conform with the approved amount as shown on your offer letter.
  • You will finally attach invoices for all the items to be financed.

Phase 3: Taking delivery and Execution of Murabahah Agreement

Upon fulfillment of Phase 2, wait for the disbursement of funds to the proposed vendor. The funds will be used to purchase equipment and raw materials from the vendor. Either NMFB or you as its agent will then be assigned to take delivery of the assets. After taking delivery, you will be required to execute the Murabahah agreement on the final stage of the contract.

Application Process

STEP 1: APPLICATION STATUS

Choose whether you are a NEW or RETURNING applicant?

Remember to copy and save your APPLICATION REFERENCE NUMBER (in this format: TCFNI1234567).

Step 2: BVN Details

Enter your BVN and click on “Validate BVN” and confirm your details.

Step 3: Applicant’s Details

After you have validated your BVN, check the details displayed to confirm that everything is ok, and click “Next”.

Step 4: Biodata Information 

Fill in PROMOTER INFORMATION (your biodata): Email, Phone number, Address and State of Residence, etc.

Step 5: Financing Information

Select the purpose of the facility application. Select only one (1) purpose *

  • To purchase equipment or asset for home use
  • To purchase equipment or asset to expand business

Step 6: DECLARATION

Select how you heard about the TCF application, and check the button “I hereby declare that the information provided is true and correct”. Then click SUBMIT.

If your submission is successful, you will get this message below:

“TCF-NI CREDIT APPLICATION (HOUSEHOLDS)

“Non-Interest TCF Household Application was successfully validated and created. Thank you for applying for the TCF-NI Household facility. Your application will be processed, and you will be notified of the status of your application.”

How to Apply|NON-INTEREST TCF FACILITY APPLICATION

  • Visit https://nibloans.nmfb.com.ng/nmfbloanapplicationportal
  • Select Non-Interest Facilities
  • Select Non-interest TCF
  • Click on the option below to proceed
  • Select APPLY FOR HOUSEHOLDS FACILITY (NON-INTEREST)

Interested and qualified businesses and households should apply via the Nirsal MFB website on www.nmfb.com.ng for businesses or households:

1. NON-INTEREST TCF (HOUSEHOLDS >> https://nibloans.nmfb.com.ng/noninterestlendingtcfhousehold

2.NON-INTEREST FCT(SME) >> https://nibloans.nmfb.com.ng/noninterestlendingtcfsme

3.NON-INTEREST AGSMEIS >> https://nibloans.nmfb.com.ng/agsmeisnoninterestlending

For further enquiries, contact Nirsal Microfinance Bank (NMFB) on 09010026900.

Nirsal CBN Non-Interest TCF Credit Application Portal

📢 JOIN OUR WHATSAPP GROUP 📢 JOIN OUR TELEGRAM CHANNEL
Previous Post

BREAKING: Naira Falls Amid Devaluation Concerns, See New Exchange Rate

Next Post

Mompha granted N200m bail

Related Posts

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan   The Federal Government has confirmed that students...

Read more

Over 100 killed as Deadly floods hit Popular Market in Nigeria

100 killed as Deadly floods hit Popular Market in Nigeria

Over 100 killed as Deadly floods hit Popular Market in Nigeria Mokwa, Niger State, Nigeria — More than 100 people...

Read more

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

Delt-Her Women Empowerment Program 2025

Apply for Delt-Her Women Empowerment Program 2025 following the guidelines below...   Developing Engineering Leaders Through Her (DELT-Her) is an...

Read more

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

YEIDEP Grant Hits 5.1 Million Applicants

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025, Deadline   The Youth Economic Intervention and De-Radicalization...

Read more

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

RRR/NSR 75K Cash Transfer Form

 How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide Are you looking to benefit from the...

Read more

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)   With millions of Nigerians living below the...

Read more

Flood claims over 20 lives in Niger communities

Victim ...Woman, 2 children rescued, 10 persons still missing   Following a heavy downpour that occurred on Thursday, no fewer...

Read more

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

FG Announces N45K Monthly Stipend for Technical College Students GoldenNewsNg reports that the Federal Government has announced a new policy...

Read more

How to Apply for Yeidep Grant : Step-by-Step Guide for Nigerians

How to Apply for Yeidep Grant

Last year, my close friend Amaka was at rock bottom. She had just lost her job, rent was due, and...

Read more

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

Why Some Applicants Won’t Receive the YEIDEP Grant This July — Avoid These Errors

With the YEIDEP disbursement date drawing near, it’s important for all applicants to know the key reasons they might miss...

Read more
Load More
Next Post
Mompha granted N200m bail

Mompha granted N200m bail

SEARCH ADS

Latest Posts

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan
Education

FG Approves N45,000 Monthly Grant for Students Under N120 Billion TVET Plan

100 killed as Deadly floods hit Popular Market in Nigeria
News

Over 100 killed as Deadly floods hit Popular Market in Nigeria

Delt-Her Women Empowerment Program 2025
Headline

Grant for Women in Engineering – Apply for Delt-Her Women Empowerment Program 2025

YEIDEP Grant Hits 5.1 Million Applicants
Jobs

YEIDEP Grant Hits 5.1 Million Applicants – Apply Before May 31, 2025 Deadline

RRR/NSR 75K Cash Transfer Form
Headline

How to Fill the RRR/NSR 75K Cash Transfer Form in 2025: Step-by-Step Guide

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)
business

How to Register for Conditional Cash Transfer in Nigeria (2025 Updated Guide)

News

₦75,000 CCT Process Begins – Check If You’re Eligible!

News

Two Years Anniversary: Niger CAN Congratulates Gov. Bago

Headline

Flood claims over 20 lives in Niger communities

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know
Education

FG Announces N45K Monthly Stipend for Technical College Students — Here’s What You Need to Know

© 2024 Golden News

  • About Us
  • Advertise with Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms And Conditions
No Result
View All Result
  • Home
  • News
  • Education
  • Business
  • Jobs
  • Daily Guides
  • About Us
  • Advertise with Us

© 2024 Golden News