NMFB OBL Loan Portal For Applicants – obl.nmfb.com.ng Loan 2025

The Different Types of NMFB Loans

The Nigerian Microfinance Bank (NMFB) provides a variety of loan packages to meet specific needs. Here’s a rundown of their offerings.

1. On Balance Sheet Lending (OBl)

These loans, which are funded immediately by the NMFB, are ideal for established businesses or people with good credit.

2. Agriculture, Small and Medium Enterprise Scheme (AGSMEIS)

This flagship program focuses on agricultural and small and medium-sized enterprises. It offers loans of up to N3 million at a very low annual interest rate of 9%.

3. Targeted Credit Facility (TCF)

This became a temporary program launched by the Central Bank of Nigeria (CBN) to help with economic recovery during the COVID-19 pandemic. While the NMFB will not be granting these loans at this time, knowledge about them provides a fuller perspective on their talents:

4. COVID-19 Targeted Credit Facility

This plan helped households and MSMEs that had been negatively impacted by COVID-19. It included a 5% concessionary interest rate and a moratorium period before repayments began.

It’s important to remember that loan options and qualifying conditions can change over time. To ensure that you have the most up-to-date statistics, visit the NMFB website or contact their customer service branch very far away.