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

Direct Link to Apply for Presidential Conditional Loan

Enudi Golden by Enudi Golden
January 11, 2024
in business, Headline, LOAN & INVESTMENT
Reading Time: 2 mins read
President Conditional Grant Scheme
4k
SHARES
Advertisements

Direct Link to Apply for Presidential Conditional Loan

Discover how to access the Presidential Conditional Loan Scheme for your business. Explore the application process, eligibility criteria, and repayment details. Don’t miss the opportunity; apply before the deadline!

Are you a business owner in need of financial support? The Presidential Conditional Loan Scheme is here to assist. Learn how to access this valuable resource with our quick guide below:

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

Application Process

Applying for the loan is straightforward. Visit www.fedgrantandloan.gov.ng to begin the process. If you meet the eligibility criteria, your bank will manage the disbursement. For detailed criteria, check the website.

Eligibility and Terms

  • Loan Term: MSMEs qualify for a 36-month term, Working Capital for 12 months, and Manufacturers (Asset Financing) for 60 months with a six-month moratorium.
  • Interest Rate: Enjoy a competitive 9% per annum.

What if I Don’t Meet the Criteria?

Unfortunately, if you fail to meet the criteria, your application won’t be considered.

Repayment Details

Repay the loan through equal and consecutive monthly payments of principal and interest throughout the tenor.

Moratorium Period

Manufacturers applying for asset financing benefit from a six-month moratorium period.

Legal Measures for Non-payment

In the event of non-repayment, the bank will initiate legal measures to recover the loan.

Application Process Details

  • The applicant must have a registered business as a Sole proprietorship, Partnership, or Limited liability company.
  • Applicants/promoters must be 18 years and above.

Application Timeline

The duration of the application process varies by bank but typically takes around 2 weeks.

Application Status and Reapplication

Check your application status by logging into your profile. If rejected, consider reapplying for minor issues with additional information.

Multiple Applications

Avoid applying with different companies, as multiple applications will be disqualified.

Deadline

Submit your application before the deadline on 31/12/2023.

Explore the opportunities provided by the Presidential Conditional Loan Scheme and take a crucial step toward securing the financial support your business needs. Don’t miss out – apply today!

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

NYSC Reveals POP Date For 2023 Batch A Stream 2 Corps Members

Next Post

Apply for FG Conditional Cash Transfer | CCT USSD Codes for All States to Check Status

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
CCT USSD Codes

Apply for FG Conditional Cash Transfer | CCT USSD Codes for All States to Check Status

SEARCH ADS

Latest Posts

News

Flood: Niger CAN commiserates with victims

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

© 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