Federal Government commenced disbursement of COVID19 Loan Support Fund

Federal Government commenced disbursement of COVID19 Loan Support Fund

COVID19 Loan Support Fund has commenced for Household and SME check your Application Status here. Are you among applicants that applied for 2020 Federal Government COVID19 Loan/Palliatives Support Fund for ordinary Nigerians, check your application Status if your Loan has been approved by NIRSAL MFB. See more details under.

Federal Government of Nigeria has commenced disbursement of Covid-19 Loan for successful applicants across the 36 states of Federation. Loans are giving to applicants who meet up with the application requirements for COVID19 Loan Support Fund.

This post will teach you how to check your COVID19 Loan Support Fund Application status and website to check if your COVID19 Loan/Palliatives Support Fund has been approved.

NMFB COVID19 Loan Application

Currently, many among the applicants have started receiving messages to check their BVN if loan were giving to them. Whereas some of the applicants has been given Loan worth of 450,000, 500,000 260,000 and above.

As a publisher, I registered someone on Households category, on 21st of November 2020 the applicants received 264,000 form FG COVID19 Loan Support Fund.

This is how the message looks like.

Dear Applicant,

Your COVID-19 Loan application is approved. Click on the link https://covid19.nmfb.com.ng to accept offer and receive the fund in your account. For further enquiries please call 09010026900

At this stage you need to login the above link and enter your bvn then select Household. Note better, for Household COVID19 Loan Support Fund is currently ongoing so make sure you select Household to continue successfully.

Immediately you entered your BVN, all your details will be displayed continue filling form at a stage you will required entering your Bank account details to continue.

When you enter and it shows your BVN does exist. Please check back later.

Check your COVID19 Loan Here

Repayment for COVID19 Loan Support Fund

The 5 percent will be deducted before payment, after payment all you need to repay is amount paid after 36 months. Once your BVN has been linked to all your accounts, when you failed to repay it will be deducted monthly from your account.

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9 thoughts on “Federal Government commenced disbursement of COVID19 Loan Support Fund”

  1. Dear Team,

    I have applied for household loan since last year but am yet received any approvalail from your end.

    Please assist with the way forward.

    Kind regards.

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