CBN COVID19 Loan: Check your TCF loan application status

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All those that applied for the Central Bank of Nigeria (CBN) COVID-19 Targeted Credit Facility (TCF) Loan for households and Small and Medium Enterprises (SMEs) can now proceed to check their loan application status. Here we will guide you on how to check your TCF loan application status. Check out list of federal government free interest loans in 2021.

Be informed that Nirsal Microfinance Bank (NMFB) has created an online Targeted Credit Facility (TCF) COVID19 Beneficiary Information Management System (BIMS) portal where applicants can easily check if their loan application status or whether they are a beneficiary or not.

The disbursing bank, NMFB has also been sending Text messages to applicants who have been shortlisted for the loan, but yet to redeem.

The sample of the message is as shown below;

“Dear Applicant
You are yet to accept your Covid-19 TCF. Please do so before close of business 15/02/21 otherwise the funds will be recalled. Thank you”

Recall that the Central Bank of Nigeria (CBN) created the N50 billion Targeted Credit Facility (TCF) loan as a stimulus package to support households and SMEs that are negatively affected by the Covid19 pandemic. Applications were received from interested Nigerians between April and June 2020.

How to check CBN Covid19 TCF loan application status

Follow the steps below to check your loan application status:

  1. Visit https://covid19.nmfb.com.ng/.

  2. Select your application category (Household or SME).

  3. Enter your BVN

  4. Click on “Validate BVN” button to check the status.

Hope you find this post useful? Kindly share with friends across various social media platforms. Drop your comment below.

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Source: Nyscinfo

41 thoughts on “CBN COVID19 Loan: Check your TCF loan application status”

  2. JONATHAN SAMUEL BAGUDU

    I have applied for the loan but I’m trying to check if it’s approved and they replied that the BVN is not exist.i hope is not 419?

  4. Ojone Muhammed

    Ojone Muhammed I have be approved still showing bvn don’t exist what we I do

  5. Yakubu Isiaka Enesi

    My keeps showing BVN details doesn’t exist, whenever I try to check the approval status,. I don’t why is displaying, like that…plz help

  6. Abdulazeez yahaya

    I have been applied this loan since 2020.but idon received money.to know I applied.idont see anything.pls help me

  7. Emmanuela Ifeoma Duru

    Kindly assist mine has been approved since 17th of last month but yet to be credited.

  8. Bala Usman

    I have been approved but still yet to received any alert please help
    Thank you for assistant

  12. onyegbula Onyinyechi chistiana

    I have been applied for this Loan since may 2020 still now I have not see anything thanks

    1. Damilola babatunde

      I applied for the loan,and I’m trying to check my approval status its saying bvn does not exist

    1. Abubakar Hauwa Nanna

      @ Suleiman Bashir don’t used SME when login just used household, you will have access to it

  18. Umar Musa

    Good day I have been approved see November 26 I have not receive fund please help me and I do put my tcf 27 November

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