How to Check NIRSAL Loan Status Using Your BVN (2025 Guide)

If you applied for a loan under NIRSAL Microfinance Bank (NMFB)—whether AGSMEIS or TCF facility—you can easily verify your loan status using your Bank Verification Number (BVN). Here's a step-by-step guide to quickly check your approval status, outstanding balance, or repayment schedule.

Step-by-Step: Checking Your NIRSAL Loan with BVN

Visit the official NIRSAL portal such as agsmeis.nmfb.com.ng or covid19.nmfb.com.ng depending on which program you applied for.([turn0search7])
Register or log in using your email and BVN credentials if you haven’t already done so.
Navigate to the Loan Status/BVN Verification section.
Enter your BVN and click Validate BVN.([^turn0search6])
The portal will display whether your loan is approved, pending, or rejected, along with any available information about the amount or repayment details.

Use the iBank Platform to View Repayment Schedules

You can track your application and manage repayments via the NMFB iBank portal:

Go to ibank.nmfb.com.ng
Log in and navigate to the Loan/Repayment Schedule section.([turn0search4])
You can view disbursement status, outstanding balance, and payment history.

What Information You Can See

Loan category (TCF or AGSMEIS)
Disbursement date and amount
Valid loan amount issued
Outstanding balance and repayment timeline
Special notes or conditions

Guidance If Status Is Not Displaying

If the portal shows an error like “BVN details do not exist,” consider:

Re-verifying your name format or BVN spelling on the portal ([turn0search2])
Contacting the NIRSAL helpdesk or your local NMFB branch to confirm registration status
Checking your inbox and spam folder in case you've been sent an approval email with access links

Safety First: Beware of Fraud

Always use official NIRSAL Microfinance Bank websites or app to check status.
Never disclose your BVN or account number to unverified intermediaries.
Avoid phishing websites—confirm URLs before entering personal data.

Summary Table

Task	What to Do
Access Portal	Visit AGSMEIS or COVID19 NMFB portal
Login/Register	Use email, password, and BVN
Verify Loan Status	Enter BVN, click “Validate BVN”
View Repayment Schedule	Use iBank portal to check balance/status
Trouble Logging In?	Contact NIRSAL support or branch

Why It Works

NIRSAL is licensed by the Central Bank of Nigeria and supports programs like AGSMEIS, COVID‑19 TCF, and SME financing. The BVN validation portal ensures applicants can securely access their loan status. The FEM platform allows for instant checks and improved transparency.

Whether you applied for AGSMEIS-NI or TCF facility, using your BVN on the NMFB portal is the fastest way to check your loan status—and avoid missing critical communication about disbursement.

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