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CBN COVID-19 Loan: How to Check Your TCF Loan Application Status



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The disbursing Bank, NIRSAL Microfinance Bank (NMFB) has created an online Targeted Credit Facility (TCF) COVID19 Beneficiary Information Management System(BIMS) portal where applicants can check if they are a beneficiary or not.

To check, simple to go


The bank has also been sending SMS to applicants who have been selected to benefit from the loan, but yet to redeem; 

“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”

The CBN had introduced the N50 billion Targeted Credit Facility as a stimulus package to support households and micro, small and medium enterprises that are affected by the coronavirus pandemic.
The disbursing Bank received applications from Nigerians for three months (April – June 2020)

Bernard Bassey is a graduate of Software Engineering from AfriHUB University, Abuja. He is an expert in field journalism, his interest in socio-politics activities is keen.

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