This article will guide you on login process for Nirsal Microfinance Loan Application Form, Requirements, Eligibility, Registration Guideline.

To Cushion the effect of the covid-19 pandemic on businesses across the country, the federal government through the Central bank of Nigeria come up with so many loan intervention programmes for Individuals & SMEs. The CBN loan is disbursed through the Nirsal Microfinance bank []. the Nirsal Microfinance loan is for Nigerian SME who need loans to grow and expand their business.  at a very little interest rate.

Do you need loan to help cushion the  Covid-19 pandemic effect?  Nirsal Microfinance bank is giving out loans for SMEs and Individuals/Households through their fifty billion naira. Farmers can as well access the CBN Anchor borrower programme.

founded scheme aimed at helping small businesses, small households unit bounce back to live hence reducing the impacts resulting from the COVID-19 pandemic

NIRSAL NMFB COVID-19 Loan and Support Fund:. Are you in search of loan as the Covid-19 pandemic effect hit the economy harder? Nirsal Microfinance bank is giving out loans for SMEs and Individuals/Households through their fifty billion naira

founded scheme aimed at helping small businesses, small households unit bounce back to live hence reducing the impacts resulting from the COVID-19 pandemic.

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Loans Available At Nirsal Portal Login 2021

The AGSMEIS: Central Bank of Nigeria is giving collateral-free loans of up to N10,000,000 (Ten million Naira) to small businesses in a scheme called; Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS). The Scheme supports governments policy measures for the promotion of agricultural businesses, micro, small and medium enterprises (MSMEs) as vehicles for sustainable economic development and employment generation.


Check your NIRSAL Loan Approval status is you are one of those that have already applied. NIRSAL Loan Application portal is still open for those who would like to access the various CBN loan packages available for covid-19.

NIRSAL Loan Eligibility

Who can apply for Nirsal microfinance loan?

  • Any body can apply provided you are a Nigerian
  • Individuals or SMEs adversely affected by the effect of Covid-19
  • Agricultural sector.

• Real sector including Manufacturing, mining, and petrochemicals.
• Service sector including Information and Communication (ICT) and the Creative Industry.
• Other businesses as determined by the Central Bank of Nigeria (CBN).


Required Documents For Nirsal Microfinance loan

  • National identity card (NIN) as a proof of Citizenship
  • Business proposal may be required in some cases
  • Bank Verification number (BVN) & account for disbursement
  • Duly signed application form
  • Evidence of registration of business name or certificate of incorporation and filing of annual returns (where applicable) in compliance with the provisions of the Companies and Allied Matters Act (1990).
    •  Tax Identification Number (TIN) and current Tax Clearance Certificate TCC) where applicable.
    •  To qualify to access this fund, you need to have been trained by an Enterprise Development Institute after which you will fill the form. They will submit your form to CBN.
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Before any one can access this loan, they must first show genuine interest by submitting their application only through the approved and official portal.

Businesses, individuals must be ready to submit their BVN number for proper profiling, more also they must be ready to indicate with prove id their business are registered with the corporate affairs commission.

Lastly there is a need to provide your business plan to the bank which should state how your business is being run.

How To Check LOAN status Approval ?

Are you one on those that applied for the Covid-19 NIRSAL microfinance bank loan? then, to check your status concerning the loan if it has been approved or not? follow the outlined steps below

Step By Step Guide On How To Check NIRSAL NMFBCOVID-19 LOAN Payment

  • You must have applied for NIRSAL covid-19 loan and have created a profile in the process of your registration
  • This Nirsal Microfinance Loan will only be disbursed to those who are considered qualified applicants.

How do you know if your application has been approved?

  • Once your loan request granted you will receive mails indicating that they have been granted access to the loan.
  • Applicants whose loan requested  have been granted will be required to login to Nirsal MFB portal to update his or her profile
  • In the profile update, you are to input your phone number linked with you BVN, account name, bank, BVN and account number.

NB: if by now after the online application there is still no mail to show that your been approve then its best to check the portal @

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How To Access  NIRSAL Portal Login 

To access all CBN loan, the applicants are required to login to the Nirsal online loan portal:, select the type of loan you want. Fill application form and click on the submit button to complete your registration.

About Nirsal

NIRSAL Microfinance Bank is a leading Nigerian financial institution licensed by the Central Bank of Nigeria (CBN) in Nigeria. The Company was incorporated as a Private Limited Company in 2019 and commenced operations following the grant of a licence by the Central Bank of Nigeria to operate as a National Microfinance Bank in the same year.

The Bank is Owned 50% by the Bankers Committee, 40% by NIRSAL and 10% NIPOST

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