Reason Why Some Covid-19 Loan Applicants Have Not Received Their Loan

You have still not received your Covid-19 loan? Here are some of the reasons why Some Covid-19 TCF Applicants Have Not Received Their Loan.

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The Nirsal Microfinance Bank (NMFB) has given a new update in regards to the reason why some Covid-19 TCF Applicants are yet to receive their loan.

According to NMFB, you may have not received your covid-19 loan because of the following:

1) You’re a tier 1 account holder. If so, Kindly visit your bank to upgrade your account.

2) Ensure that the name on your application matches with the name on your account to avoid a mismatch during payment.

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This applied to the first batch of applicants who applied for the loan last year and have not been credited. It is also important for new Applicants who applied for the loan this year to take note of the instructions above to avoid things that may hinder them from getting the loan.



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