CBN Nirsal Covid19 Loan Disbursement Ongoing | Have you received Alert?

Information reaching news desk indicates that Covid19 Loan disbursement is ongoing. At the time of this publication many applicants for the loan have received credit alart. Below is the screenshot of a credit alert as received by;

CBN Nirsal Covid19 Loan Disbursement OngoingWe congratulate all those who have successfully received their CBN Covid-19 loan. However, it is important to note that is a “loan” not “grant” meaning that all the beneficiaries are expected to pay back the money with interest.

For those who are yet to get credit alart for the loan should Check their Covid19 loan approval status.

Tips To Check Your COVID19 Loan Status:

  1. When the site complete loading, select the type of loan you applied (SME or Household).

  2. Enter your Bank Verification Number (BVN). Don’t be scared to enter BVN, the website is the official website of Nirsal Microfinance Bank for the COVID-19 TCF just as is for Nigeria Youth Investment Fund
    and for AGSMEIS Loan Scheme.

  3. A response will be displayed when you enter your BVN.

(A) If it says your Loan has been approved, it will load your information asking you to accept your Loan offer. Proceed to accept the offer.

(B) If it says ‘Your loan has not been approved, check back later’, kindly check back later as Instructed.

(C) If it it says “BVN does not exist”, do not panic! Just keep checking back from time to time as approval is ongoing.

Note: Patience is the key to get COVID-19 Targeted Credit Facility Loan.

9 thoughts on “CBN Nirsal Covid19 Loan Disbursement Ongoing | Have you received Alert?”

  1. UMAR UMAR gwadangaji

    This covid 19 support to individuals and other micro entrepreneurs has greatly improved the living standard of some Nigerians more especially the household which was directly aimed to carter for some one family due to covid 19 pandemic in the country.
    My special advice to FG AND CBN is exercise more patience to the people of kebbi state, who are given the loan, to extend their repayment period due to tragic floods that submerged all their planted crops last years season.
    The FG and CBN should take note to that please.

  2. Please have been approved for pass one week and I have accepted the offer. But till now have not received any alart.

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