NIRSAL CBN COVID-19 Palliatives Loan Link Portal 2020 apply here

Have you been looking for NIRSAL CBN COVID-19 Palliatives Loan Link Portal? We do receive text message from interested Nigerian about how to apply and link portal for NIRSAL CBN COVID-19 Palliatives Loan, which is currently going on now. Learn more below.

At the end of this article you will know the steps to follow to apply for NIRSAL CBN COVID-19 Palliatives Loan and accurate link will be provided beneath.

Please note that;

• CBN Covid-19 support fund is not free money or grant, it is a low-interest loan set to support households and business owners who have been affected by the Coronavirus pandemic.
• CBN Covid-19 support fund is different from the Federal Government N5000 cash transfer palliative money to poor Nigerians to cushion the effect of Coronavirus.

The loan is for individuals who are looking for ways to expand your business or pick up life where COVID-19 left them, Successful Beneficiaries are opportune to benefit from the loan are being given a 1-year payment moratorium.

Sections of CBN Covid-19 support fund

For Household:

• FACILITY TYPE: Term Loan
• SINGLE OBLIGOR LIMIT: N3m
• LOAN TENOR:  Maximum of 36 months
• MORATORIUM:  At least 12 months
• PRICING: 5% per annum till February 28, 2021, and 9% subsequently
• REPAYMENT STRUCTURE: Installment basis, according to the nature of the enterprise

For SMEs:

• FACILITY TYPE: Term Loan
• SINGLE OBLIGOR LIMIT: N25m
• LOAN TENOR: Maximum of 36 months
• MORATORIUM: At least 12 months
• PRICING ……?
• REPAYMENT STRUCTURE: Installment basis, according to the nature of the enterprise

NIRSAL CBN COVID-19 Palliatives Loan Link Portal 2020

To apply successfully you need to follow link portal beneath.

Apply successfully through https://nmfb.com.ng/covid-19-support

Select the categories of your choice and fill the carefully.

NIRSAL CBN COVID-19 Palliatives Loan Link Portal 2020