How to Repay CBN/NIRSAL Loan | COVID-19 N50 Billion Loan Repayment Guidelines

If you are looking for How to Repay CBN/NIRSAL Loan then you are in the right page to get guided on how to do that. Kindly follow this post to be properly guided.

Last week, the Central Bank of Nigeria (CBN) was calling on those that borrowed money from NIRSAL Microfinance Banks across the country to repay those monies hence this post on How to Repay CBN/NIRSAL Loan.

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Although some Nigerians have said that this announcement came earlier as they are not yet ready to Repay at the moment.

Beneficiaries are expected to go to any NIRSAL MFB closer to them to obtain the COVID-19 N50 loan repayment form.

How to Repay CBN/NIRSAL COVID-19 N50 Billion Loan

  • Visit any nearby NIRSAL MFB branches to obtain a repayment loan form
  • Ensure your loan account is always funded
  • Ensure that your account number has been previously shared in your mobile number
  • View your offer letter on

The COVID-19 N50 Billion Loan is not a grant as beneficiaries are required to pay up for the loan any moment they are called to do so. Although some persons have disclosed how uncomfortable they are following the announcement by the bank.

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