How to Apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

How to Apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

How to apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

How to Apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

Who qualifies for the DBN loan?

 

All MSMEs (start up or existing) involved in productive enterprises are eligible for the loan. However, they must be customers of eligible financial institutions.

 

DBN is poised to provide funding and risk-sharing guarantees through Participating Financial Institutions (PFIs), who will then on-lend to end beneficiaries.

 

DBN loans can be accessed through PFIs, which include Commercial Banks, Microfinance Banks, Development Finance Institutions (DFIs) and other Financial Institutions.

 

DBN loan repayment tenure is flexible (up to 10 years with a moratorium period of up to 18 months) and the interest rates are on a market-conforming and fully financially sustainable basis.

 

Read Also: Apply-for-N10-million-CBN-agsmeis-5%-loan-today

 

How to get a DBN Loan

 

  1. Visit your bank: Commercial Bank, Microfinance Bank, Development Finance Institution (DFI) and other Financial Institutions and indicate you want to apply for a DBN Loan.

 

  1. The Bank appraises the business and loan purpose, and if its assessment is favourable, the Bank applies to DBN for funding.

 

  1. If DBN approves the loan, DBN will disburse to the Bank for on-lending to end borrowers.
How to apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

How to apply for Development Bank of Nigeria (DBN) 10 years Loan in Nigeria

 

 

 

 

 

 

 

 

 

 

 

 

 

You can access the DBN loan through any of these PFIs by contacting any of the banks listed below:

 

Access Bank Plc Onyinyechi.Uba@ACCESSBANKPLC.com,
CorporateFinance@ACCESSBANKPLC.com,
Oreoluwa.Adeyemo@ACCESSBANKPLC.com,
Omotolani.Ketiku@ACCESSBANKPLC.com,
Moses.Osondu@ACCESSBANKPLC.com
Ecobank Nigeria Bank Plc LAWAL TheresaTOLAWAL@ecobank.com,
TOLARINDE@ecobank.com,
AODJEGBA@ecobank.com
Fidelity Bank Plc Osaigbovo Omorogbeosaigbovo.omorogbe@fidelitybank.ng,
Jennifer.David-Ake@fidelitybank.ng,
Chiwuike.Okere@fidelitybank.ng
FCMB Ltd Oluremi AgboolaOluremi.Agboola@fcmb.com,
George.Ogbonnaya@fcmb.com,
Toyin.Ajibulu@fcmb.com
First Bank Nig Ltd DBNFUNDS@FIRSTBANKNIGERIA.COM
GTBank gbeminiyi.onipede@gtbank.com,
lucia.jaiyeola@gtbank.com,
kelvin.biiranee@gtbank.com
Stanbic IBTC Bank Plc David.Adebayo@stanbicibtc.com,
Ayodele.Ojosipe@stanbicibtc.com
Sterling Bank Plc Fatai.Jelili@Sterlingbankng.com,
Ezinne.Nwokafor@Sterlingbankng.com
UBA Plc Adegoke Bayobayo.adegoke@ubagroup.com,
anuoluwapo.ajayi@ubagroup.com
Union Bank of Nig Plc aoordia@unionbankng.com,
aebassey@unionbankng.com,
retaillending@unionbankng.com
Wema Bank Plc Kolawole OgunleyeKolawole.ogunleye@wemabank.com,
Dotun.Ifebogun@Wemabank.com,
Adewale.Oyeboade@Wemabank.com
AB Microfinance Bank Nigeria Ltd  Oladapo.Ikupolati@ab-mfbnigeria.com,
Olukorede.Ekundebe@ab-mfbnigeria.com
Addosser Microfinance Bank  Olusola Howellshowells.olusola@addosser.com,
deji.sobulo@addosser.com,
oluwaseun.adekanbi@addosser.com
Baobab Microfinance Bank  Achenyo Oyiboaoyibo@baobab.bz,
cgwehi@baobab.bz
Bosak Microfinance Bank  Toyin Peterstoyinpeters@bosakmfb.com,  teepeeters@gmail.com,
FrancisAtiri@bosakmfb.com
HASAL Microfinance Bank  ruskiyat@hasalmfb.com,
rogers.nwoke@hasalmfb.com
Infinity Microfinance Bank Ltd  Oludotun Adewunmig.adewunmi@infinitymfb.com,
oludotunadewunmi@yahoo.com,
s.ogunniyi@infinitymfb.com
LAPO Microfinance Bank Ltd Efosa Aigbeefosa.aigbe@lapo-nigeria.org,
stanley.oriakhi@lapo-nigeria.org
Mainstreet Microfinance Bank Ltd Adegoke E. Adegbamiaadegbami@mainstreetmfb.com,
midris@mainstreetmfb.commidris@mainstreetbankmfb.com
Microcred Microfinance Bank Ltd Omar Niazoniaz@microcred.com
NPF Microfinance Bank Plc Jude Ohanehijeco0072000@yahoo.co.ukJOHANEHI@npfmicrofinancebank.com,
cwosu@npfmicrofinancebank.com,
rdada@npfmicrofinancebank.com,
rotoyin1159@gmail.com,
chima_wosu@yahoo.com
Parallex Microfinance Bank abimbola.akande@parallexbank.com,
femi.otenigbagbe@parallexbank.com
Seedvest Microfinance Bank Kehinde Oyelekekehinde.oyeleke@seedvestgroup.comoyelek@yahoo.com,
omololaakinjoko1@gmail.com,
jannybee1@live.com
Accion Microfinance Bank Limited tjoda@accionmfb.com,
conyekwere@accionmfb.com,
ooladoyin@accionmfb.com
La Fayette Microfinance Bank Limited eodetayo@advans-lfmfb.com
Davodani Microfinance Bank johne.ologe@davodanimfb.com,
aayotomi@davodanimfb.com,
ayodejitomi@yahoo.com,
soyebisi@davodanimfb.com,
ufelix@davodanimfb.com
Trust Microfinance Bank trustmfb@yahoo.com,
debanjajayi@gmail.com,
Sodiyasamusideen@yahoo.com

 

Source: https://www.devbankng.com/get-a-Loan

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