Apply Today for NIRSAL Microfinance Bank (NMFB) new OBL Loans

Apply for NIRSAL Microfinance Bank (NMFB) new OBL Loans Today.

We are delighted to inform you that NIRSAL Microfinance Bank (NMFB) has announced a new loan called OBL Loans, NMFB loans are commercial and not CBN intervention. With NIRSAL Microfinance Bank (NMFB), you get access to OBL loans for personal needs. Hence, if you want to get a loan for more money for your business, this is the best opportunity you shouldn’t miss!

NIRSAL is a National Microfinance Bank that offers SME Loans, Salary advance, Petty Cash Loans, Consumer Asset Finance Loans etc. Whether you run your business from home or on the move, NMFB internet Banking is the right support for you and your needs. NIRSAL Microfinance Bank (NMFB) is  available to support you as much as possible.

The NIRSAL Flagship product – AGSMEIS has gone live since October 2019. Access loans for your business for as low as 9%.

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OBL loans are loans that need to grow your business, pay rent buy a car, and pay school fees

Get a Convenient Loan Today. Apply now to meet needs like growing your business, paying rent, buying a car, paying school fees, e.t.c

Why Choose NIRSAL Microfinance Bank?

NIRSAL Microfinance Bank (NMFB) is a Nigerian Financial Institution licensed by the Central Bank of Nigeria (CBN) to carry out specialized banking services. NMFB was incorporated as a Private Limited Company in 2019 and commenced operations, following the grant of a National Microfinance Bank license by the Central Bank of Nigeria, in the same year.

In addition to the inherent responsibilities of the national license, NIRSAL Microfinance Bank is primarily an Intervention Bank; a viable channel for the on-lending of special funds from the Central Bank of Nigeria to qualified citizens of Nigeria. The Bank is Owned 75% by the Bankers Committee, 15% by NIRSAL and 10% NIPOST.

Currently, NIRSAL Microfinance Bank has its headquarters in Abuja, with a network of 115 branches in all the states of the Federation.

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Three (3) Types Of OBL Loans

  1. Pretty Cash now
  2. SME
  3. SALAD

NIRSAL Microfinance Bank OBL Loan Requirements

Personal information, such as identification details, is required from the applicant seeking an OBL loan. Applicants interested in OBL Loan must Provide Personal Information such as:

  • Full Name
  • BVN
  • Contact
  • Home address
  • Business address

NOTE: The minimum OBL loan amount is 50,000 Naira.

Application Method

The following steps are method of applying for NIRSAL Microfinance Bank NMFB OBL Loan.

  1. Visit OBL Loans Portal
  2. Click on Register (but if you’ve already registered, click on login)
  3. Fill in the required information
  4. Then apply

NIRSAL Microfinance Bank (NMFB) Loan Disbursement Analysis





What is the minimum OBL loan amount?

The minimum OBL loan amount is 50,000 Naira.

What is the interest rate of Nirsal loan?

nine per cent per annum

“The reversed rates shall be implemented as follows: All intervention facilities granted effective July 20, 2022, shall be at a nine per cent per annum; intervention facilities granted prior to July 2022 shall be at nine per cent per annum effective from September 1, 2022.”

How to apply for NIRSAL COVID-19 household loan?

Eligible households or MSMEs shall submit applications directly to NIRSAL Microfinance Bank (NMFB); ii. The application must, among others, contain BVN number, business registration (where applicable) and business plan with clear evidence of the opportunity or adverse impact as a result of COVID-19 pandemic.

What is the USSD code for Nirsal?


Make transfers via our Bank’s USSD Code *646# or mobile app from anywhere, at any time!

How to get a loan from a micro finance bank?

To get a loan from microfinance bank, these are documents required:

  • Loan application form.
  • Valid means of identification.
  • Copy of recent utility bill.
  • Recent passport photographs.
  • Evidence of the business location.
  • Bank statements and business records.
  • Collaterals (Not in all cases)
Is Nirsal under CBN?

NIRSAL is an initiative of the Central Bank of Nigeria (CBN), the Bankers Committee (BC) and the Federal Ministry of Agriculture & Rural Development (FMA&RD).

What is the full meaning of Nirsal?

NIRSAL stands for Nigeria Incentive-Based Risk Sharing System for Agricultural Lending. It is a US$500million Non-Bank Financial Institution wholly-owned by the Central Bank of Nigeria (CBN) created to Redefine, Dimension, Measure, Re-Price and Share agribusiness-related credit risks in Nigeria.

Is Nirsal microfinance bank legit?

NIRSAL Microfinance Bank (NMFB) is a Nigerian Financial Institution licensed by the Central Bank of Nigeria (CBN) to carry out specialized banking services.

Is Nirsal loan available for salary earners?

NIRSAL Microfinance Bank Salary Advance loan is for individuals in paid employment whose salaries have been consistent for 3 months, prior to making an application to the Bank. Also, staff of corporate organizations whose salary accounts are domiciled with NMFB can easily access this facility.

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