CBN COVID-19 Loan: How to Check Your TCF Loan Application Status

CBN COVID-19 Loan: How to Check Your TCF Loan Application Status

This is very interesting topic that you must read, so if you apply for CBN COVID-19 Loan, then read up this. Another opportunity for those who are yet to apply is that they can do so here with this portal link

So lets come to our main business for today. This guide will show you How to Check Your TCF Loan Application Status.

The disbursing Bank, NIRSAL Microfinance Bank (NMFB) has created an online Targeted Credit Facility (TCF) COVID19 Beneficiary Information Management System(BIMS) portal where applicants can check if they are a beneficiary or not.

So What Kind of SMS Do The Bank Sent To Applicants?

The bank has also been sending SMS to applicants who have been selected to benefit from the loan, but yet to redeem; 

“Dear Applicant
You are yet to accept your Covid-19 TCF. Please do so before close of business 15/02/21 otherwise the funds will be recalled.

Thank you”

What The CBN Has Done So Far?

The CBN had introduced the N50 billion Targeted Credit Facility as a stimulus package to support households and micro, small and medium enterprises that are affected by the coronavirus pandemic.
The disbursing Bank received applications from Nigerians for three months (April – June 2020)

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