Nirsal Covid Loan Application Portal 2021 See Latest Updates

Nirsal Covid Loan Application Portal – The Covid-19 outbreak has a severe impact on the livelihood of homes and business activities. Thus Nirsal had offered to give loans to individuals, homes, and enterprises through the Nirsal Covid Loan. Read through for updates on this.

The Coronavirus Disease ( pandemic has led to unprecedented disruptions to global supply chains, a sharp drop in global , turmoil in global stock, and financial markets.

Leads to massive cancellation of sporting and entertainment event, the lockdown of large swaths movements of persons in many countries, and intercontinental travel bans/restrictions across critical air routes across the world.

The Central Bank of Nigeria (CBN)  introduces a stimulus package to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic.

Who is Qualified or Eligible for the Nirsal Covid Loan?

Those who are eligible for these loans are list below

• Households
• Microenterprises
• SMEs

How to Apply for the Nirsal Covid Loan

To apply for Covid Loan. Follow the following steps.

• Click on this link
• Then click on any of the three (3) category you qualify for.
• Select either you are a new application or an existing Applicants
• Fill in the form and make sure you have BVN because without it you can proceed.
• Upload the necessary document and qualification pertaining to the category you applied for.
• Read through the information you filled in before proceeding.
• Submit and do not forget to save your Application Number because it will be useful later.

How it Works

• Submit an Application: The process is easy. You can begin on your phone, your tablet or your laptop. Submit applications directly to NIRSAL Microfinance Bank (NMFB) with clear evidence of the opportunity or adverse impact as a result of the COVID-19 pandemic.

• Approval: We review your application and forward the application to the CBN for final approval.

• Disbursement: CBN reviews applications and gives final approval for disbursement to NMFB.

We cherish your opinion and we look forward to it. Hence, if you have any questions as regards the Nirsal Covid Loan Application Portal 2021.

Kindly scroll down to the comment section and we will respond in no time.

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StudentsandScholarship Team.