SOLUTION TO NIRSEL MICROFINANCE BANK APPROVE LOAN BUT THERE’S DISBURSEMENT ISSUES ON THE NMEFB TCF (COVID-19) LOAN

SOLUTION TO NIRSEL MICROFINANCE BANK APPROVE LOAN BUT THERE’S DISBURSEMENT ISSUES ON THE NMEFB TCF (COVID-19) LOAN 

Today the nirsal microfinance bank has clear the doubt about the reason why some beneficiaries got approval accepted the offer but the female is not yet made in their account which make it difficult for us also give a clarification to our followers concerning the issue of payment of the NIRSEL loan.

Read also:NIRSEL MICROFINANCE BANK HAS CLEAR THE AIR ABOUT WHO’S RESPONSIBLE FOR APPROVAL BETWEEN THEM AND CBN

In a statement the bank any person who got an approval but not receive the payment is due to the problem of his account, other problems as follows

Read also:Update About N-Power Batch C Stream 2, Payment and Deployment

Either your account ties 1 and the loan amount amount is for ties 3 account therefore the payment cannot be done in such problems here is the memo by the bank itself concerning the issue

Read also:The Nirsal Microfinance Bank has reopened portal for the Non-Interst Banking window of COVID-19 Targeted Credit Facility and AGSMEIS Loan known as NIB COVID-19 Loan/AGSMEIS Loan.

FAILED DISBURSEMENT ISSUES ON THE NMEFB TCF (COVID-19) LOAN 

Did you know that failure to upgrade the category of your savings account from Tier 1 to Tier 3 can prevent receipt of your NMFB loan amount? Given the average value of the TCF (covid-19) loan, ONLY Tier 3 Savings and Current accounts can be successfully credited.

To avoid or correct this problem, go and check/upgrade the status of your account with your bank today.

Ensure you obtain confirmation of the upgrade from your bank and notify the NMFB branch closest to you.

Note that you have till 31st July 2022 to upgrade your accounts.

From 1st August 2022, your unpaid approvals will be nullified/invalidated. 

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