How to do NIRSAL Covid-19 Loan BVN validation – During the Covid-19 pandemic, many things have happened to different people and families. Some were made redundant and for those who owned businesses, since people couldn’t patronize them, the business collapsed. The consequences of the Covid-19 pandemic and confinement have negatively affected many families.Nigeria Information Guide
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In an effort to truly help families and businesses in financial crisis as a result of the impact of Covid-19, the NIRSAL program has been created to provide varying amounts of loans to eligible participants. The Central Bank of Nigeria (CBN) has partnered with NIRSAL Microfinance Bank to provide a solution and also put in place programs that will help address the financial challenges of individuals and SMEs affected by the Covid-19 pandemic.How to activate NIN on Mtn, Airtel, Glo, 9mobile
Qualified participants who have received the loan have 3 years to repay their loan. However, to be qualified or eligible for the loan, there are a few things you will need to put in place during the application process and one of them is BVN validation.LEG Result
Therefore, in today’s guide, I am going to teach you how to perform BVN validation of NIRSAL Covid-19 loan. To learn more, keep reading.
Also Read: How to Check BVN on Phone
How to Perform NIRSAL Covid-19 BVN Validation
Validation of your BVN qualifies you for the NIRSAL loan program. The whole process is very simple, just click on a verification link.
Once you have started applying for the loan, at some point during your registration, you will be required to provide your BVN in order to verify your identity. In this section, you will learn how to perform the verification.
The NIRSAL loan program has two categories. They have the NIRSAL loan for individuals and households as well as the NIRSAL loan for business owners and entrepreneurs.
Depending on the category you selected when registering, you will need a specific link for that category that will help you verify your BVN.
Therefore, if you have registered for the Individual or Family Loan, you can click on this link – https://covid19.nmfb.com.ng/HomeLoans – to verify your BVN.WAEC Result
Also, if you have applied for the entrepreneur or business owner category, you can use this link – https://covid19.nmfb.com.ng/SmeLoan – to verify your BVN.
When you click on one of the links above, you will be redirected to the BVN validation page. On this page you will find a field where you can enter your BVN.
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Alternatively, you can validate your BVN by logging into the portal https://www.nmfb.com.ng/ and once you have successfully logged in, you can proceed to verify your BVN on the platform by locating the Covid-19 support function.
You will find the Covid-19 support function located in the upper right corner of your computer screen. Once you find it, tap it to bring up a list or menu. Scroll down and tap the option “click here to provide other bank accounts.”Recruitment
Next, select the loan category for which you have applied. Once you have done this, you will be taken to a page where you need to enter your BVN. Enter your BVN to validate it.
So! This is how to validate your BVN for the NIRSAL Covid-19 loan program.
Read also : How to Check BVN on UBA
Meaning of the NIRSAL error “BVN does not exist”
Some participants have complained about seeing the error “BVN does not existon their screen after entering their BVNs for validation.LEG Form
If you are facing the same problem, don’t worry or lose hope because it doesn’t mean you entered a wrong BVN. Rather, it means that you have to wait patiently until your BVN is approved.How to Check MTN Airtime Balance via SMS and USSD
Also, if you get this error while trying to access the approved loan, it still means that your BVN has not yet been approved by NIRSAL and you will also have to wait for it to be approved.
Read also : How to check my BVN online
However, if you can’t remember your BVN or think you entered the wrong BVN, you can check your BVN by dialing *565*0# on the SIM linked to your BVN. Note that a service charge of NGN 20.
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