How To Easily Access NPF Microfinance Bank Loans (Non-Collateral) Direct Link to Apply

Are you a business owner in Nigeria, looking for a loan to boost your business? if yes, then the NPF Microfinance Bank Loan might be the right option for you to get that loan as we will be walking you through how to access NPF Loan.

About NPF Microfinance Bank

The Bank as a Business NPF Microfinance Bank Plc is engaged in the business of microfinance banking and has emerged as one of the leading microfinance banking institutions in this sub-sector. It is a professionally managed and conservative bank, providing a wide range of banking products and services to consumers at its various locations. Some of the services provided include Retail Banking, Loans, and Advances, Money Market Activities, and Financial Advisory services (to members of its community and the larger society).

Salary Account Loan

The requirements for NPF Microfinance Bank Salary Account Loan are listed below:

Loan application letter
Letter of introduction from the employer.
letter of domiciliation of monthly salary to NPF Microfinance bank from the employer or MSS(Mechanized salary section).
Physical evidence of the loan purpose.
Two acceptable salary current account holder guarantors.
3% mandatory deposit.
Credit bureau report.

School Facility Loan

The requirements for NPF Microfinance Bank School Facility Loan are listed below:

Loan application letter on the school official paper duly signed by the proprietress/proprietor of the school.
Ministry of education provisional approval.
Certificate of incorporation.
Cash flow statement of the school.
Site visitation and verification report.
Two properly executed personal guarantor forms for non-salary guarantors, while salary account guarantors can fill the bank guarantor form except the loan amount, is ₦3million and above.
30% equity contribution in case of asset acquisition facility for the school.
Letter of domiciliation of school fees to the bank.
Credit bureau report.

Agricultural Loan

The requirements for NPF Microfinance Bank Agricultural Loan are listed below:
Loan application letter.
Two properly executed personal guarantor forms for non-salary guarantors while salary account guarantors can fill the bank guarantor form except the loan amount is ₦3million and above.
Cash flow statement of the farm.
Farm report.
Site visitation and verification report.
Agriculture insurance policy of the farm with bank interest noted on it as first beneficiaries ( where applicable).
Credit bureau report.

Transport Business Loan

Loan application letter.
Two properly executed personal guarantor forms for non-salary guarantors, while salary account guarantors can fill the bank guarantor form except the loan amount, is ₦3million and above.
Cash flow statement of the business.
The vehicle must be comprehensively insured with the bank’s interest noted on it as beneficiary.
Vehicle fitness report and vet by the credit officer or branch manager.
Credit bureau report.
Site verification and verification report of the customer residence.

Corporate Institution Loan

Loan application letter on the company official paper duly signed by the managing director or the prime mover of the enterprise in case of one-man business.
Board resolution authorizing the company to borrow from the bank.
Certificate of incorporation.
Memorandum and article of association.
Company audited financial statement and cash flow statement.
Two properly executed personal guarantor forms for non-salary guarantors, while salary account guarantors can fill the bank guarantor form except the loan amount, is ₦3million and above.
Guarantee of the prime-mover/or directors of the company.
Credit bureau report.
Site visitation and verification of report of the business location.

LPO Financing Requirement

Loan application letter for the individual customer while on official paper for the corporate institution.
Two properly executed personal guarantor forms for non-salary guarantors, while salary account guarantor can fill the bank guarantor form except the loan amount, is ₦3million and above.
Copy of the local purchasing order (LPO) from the issuing company.
Copy of verification letter of the LPO.
Copy of domiciliation letter of LPO proceeds to the bank verified by the issuing company.
Credit bureau report.

NPF Consumer Loan

A loan application letter is duly signed by the account holder and accompanied by a proforma invoice from the management-approved vendor.
Letter of introduction from the employer while in case of a police officer from his/her command.
Letter of domiciliation of monthly salary to NPF Microfinance Bank from the employer of MSS(police mechanized salary section).
Two acceptable salary current account guarantors.
Credit bureau report.
Assets comprehensive insurance with the bank’s interest noted on it as first beneficiary (where applicable).
The asset to be purchased must be registered under the national collateral registry.
Credit bureau report.

NPF Sharp Sharp Loan

Loan application letter.
One guarantor.

NPF Micro Loan

Loan application letter.
Two guarantors.
5% – 30% mandatory deposit.