How to Apply for Nirsal Non Interest Loan - Joecrackconcept
FG NIRSAL Non-Interest Loan Portal 2021 – Apply Now. This is to inform the general public that federal government covid-19 Non-Interest Loan is ongoing. This article will guide you on how to apply for this loan and get the loan without stress. Step by Step Guide is Here.
The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support household and Micro, Small, and Medium Enterprise (MSMEs) affected by the COVID-19 pandemic. It is a non-interest term facility targeted at small businesses for the financing of key assets for their businesses.
The financing limit is N2,500,000.00 for a tenure of 3 years with 6 months moratorium (a moratorium is a grace period of granted to the customer by the Bank to postpone the payment).
The Non-Interest Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS-NI) is a federal government intervention funding scheme through CBN that is intended to promote agricultural businesses to spur economic development and employment generation in the country.
The non-interest product is an alternative of the existing AGSMEIS program that is based on Islamic principles of financial transactions using products such as murabahah and ijarah. It is a term financing specifically introduced for financing of equipment, raw materials and working capital.
The financing limit is N10,000,000.00 for a tenor of up to 7 years (depending on the nature/gestation period of the project). Applicants may in addition enjoy a moratorium of 6 months for mark-up and 18 months for the principal (a moratorium is a grace period of granted to the customer by the Bank to postpone the payment). Interested
The financing limit for MSME’s is N2,500,000 while Household is N1,000,000.
Interested Applicants should apply via https://www.nmfb.com.ng
For further enquiries, contact 09010026900.
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My name is Mr uche ezeh a business man
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I have applied but upto now No any Response
Stay tuned for daily update...
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