Are you wondering how to check NIRSAL loan with BVN? With your Bank Verification Number (BVN), you can verify your loan status and balance online in seconds. The NIRSAL Microfinance Bank portal lets you track your application, view disbursement updates, and plan repayments.

To check your NIRSAL loan status, visit the NIRSAL Microfinance Bank website and follow the steps below. Ensure you have your Bank Verification Number (BVN), as it is required for verification.

To access the NIRSAL portal, you need to create an account:

There are two ways to apply for a NIRSAL loan:

Below is a detailed guide on applying for all loan types:

Returning applicants can log in with their BVN, last name, and reference number on the NIRSAL microfinance bank website and follow the on-screen instructions for any loan type.

The Non-Interest Targeted Credit Facility (TCF) supports households and MSMEs affected by the COVID-19 pandemic. This loan finances essential assets for small businesses.

There are two categories: application for household facility and application for SME facility. These loans are expounded below.

Household facility

The loan details for the household loan facility are highlighted below.

SME facility

The loan details for the SME facility are highlighted below.

The Non-Interest Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS-NI) is a CBN-backed federal intervention fund. It supports agricultural businesses, boosts economic growth, and generates employment.

This Islamic finance-based product is an alternative to the existing AGSMEIS programme. It follows murabahah (cost-plus financing) and ijarah (leasing) principles. The scheme provides term financing for equipment, raw materials, and working capital.

The key features of AGSMEIS-NI are highlighted below.

Your NMFB account number is a 7 to 12 digit unique identifier. To retrieve it, simply log in to the NMFB internet banking platform using your BVN. Once done, check your account details.

To check your NMFB loan balance, log in to the NMFB iBank platform using your credentials. Once logged in, navigate to the loan section to view your outstanding balance, repayment schedule, and other loan details.

You can get in touch with NIRSAL customer care using the channels below.

02012278141, 02015266066

Understanding how to check a NIRSAL loan with BVN ensures you can track your loan application status and manage your finances efficiently. By following the correct procedures, you can successfully apply for and monitor your loan progress.

DISCLAIMER: This article is not sponsored by any third party. It is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!

Legit.ng recently published an informative post about how to know your bank account number from a mobile number. One technological advancement in the banking sector is accessing bank accounts without visiting the banking hall.

Losing or forgetting your account number is common, but you can recover it by contacting your bank or using its mobile app. Read on to discover the various ways to check your bank account number using your mobile number.

Source: Legit.ng