Business
Just In: Nirsal Covid-19 TCF Non-Interest Loan Second Batch 2022 Released – Check Here to Accept Offer
![Just In: Nirsal Covid-19 TCF Non-Interest Loan Second Batch 2022 Released - Check Here to Accept Offer 1 nirsal](https://searchngr.com/wp-content/uploads/2021/03/nirsal.png)
This is to inform all Nirsal Covid-19 TCF Non-Interest Loan applicants that Nirsal has finally released another list of names for the second batch on TCF loan.
New NIB Approvals Are Out. Successful Applicants for the Non-interest Banking window for TCF & AGSMEIS have started accepting their offers.
The Non-Interest Targeted Credit Facility (TCF) is a stimulus package to support household and Micro, Small, and Medium Enterprises (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.
Kindly click on the links below to check if you have approval.
For Household: https://covid19.nmfb.com.ng/HomeLoans
For SME: https://covid19.nmfb.com.ng/SmeLoan
TRENDING NOW
- New round of COVID Business Assistance Grants available – Apply Here
- Just In: Nigerian Police Physical Screening and Shortlist 2022 Commence
- UNILAG Debunk Rumour of Attempted Kidnap within the school Premises
- Apply for CW – Accountant – Marketing Operations (Contractor)
- Apply for Youth in Agrifood Export Development Program (YAEDP) 2022
The financing limit is N2,500,000.00 for a tenure of 3 years with 6 months moratorium (a moratorium is a grace period 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.
![Just In: Nirsal Covid-19 TCF Non-Interest Loan Second Batch 2022 Released - Check Here to Accept Offer 2 Just In: Nirsal Covid-19 TCF Non-Interest Loan Second Batch 2022 Released - Check Here to Accept Offer 1](https://i0.wp.com/searchngr.com/wp-content/uploads/2022/02/nirsal-loan.jpg?resize=521%2C521&ssl=1)
The non-interest product is an alternative to the existing AGSMEIS program that is based on Islamic principles of financial transactions using products such as Murabaha and Ijarah. It is a term financing specifically introduced for the 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 granted to the customer by the Bank to postpone the payment).
- Cryptocurrency5 days ago
Pixelverse Just Launched, and Millions Made, Dotcoin is about to Launch, Here is how to Join
- Cryptocurrency5 days ago
Binance’s Upcoming App Launch: Don’t Miss Out on This $10,000+ Airdrop
- Recruitment14 hours ago
Link to Apply for NNPC Recruitment 2024 – Follow this Guide to Register Successfully
- Cryptocurrency4 days ago
Get Rewarded Instantly: Renta Network Airdrop – Don’t Miss Out!
- Nigeria News2 days ago
Turn Clicks into Cash: Earn Up to $2 Daily with Nomis Score on Telegram – Start Now!
- Cryptocurrency4 days ago
Latest Airdrop Alert! Join Our Telegram Group and Make a Path to the Web3 Wealth
- Cryptocurrency5 days ago
Congratulations! You can Now Claim #DD Token, (You’re still Early if you are seeing this Post)
- Recruitment14 hours ago
How to Successfully Apply for NNPC Recruitment Despite Website Traffic