How To Check NIRSAL Loan Approval With BVN Number

Access to loans can be a game-changer for businesses and individuals looking to scale their endeavors. The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is a significant player in facilitating access to credit for agriculture and related activities.
If you’ve applied for a NIRSAL loan and are eagerly waiting for approval, this step-by-step guide will show you how to check your NIRSAL loan approval status using your BVN number.

Step-by-Step Guide On How to Check NIRSAL Loan Approval With BVN Number

The step-by-step guide you will follow to check your NIRSAL loan approval with BVN number are as follows;

Step 1: Gather Your BVN Number

Before you begin, ensure you have your Bank Verification Number (BVN) handy. The BVN is a unique 11-digit number that serves as a means of identifying you across all banks in Nigeria.

Step 2: Access the NIRSAL Loan Portal

Open your preferred web browser and go to the official NIRSAL Microfinance Bank website. The URL for the website is This is the portal where you can check the status of your NIRSAL loan application.

Step 3: Navigate to the Loan Application Page

Once you’re on the NIRSAL Microfinance Bank website, navigate to the loan application page. This page might be labeled as “Loan Application” or “Check Loan Status.” Look for the section that allows you to input your BVN number to check the status of your loan application.

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Step 4: Input Your BVN Number

In the designated space, input your 11-digit BVN number accurately. Ensure that you double-check the number to avoid any mistakes.

Step 5: Submit Your BVN

After entering your BVN, click on the “Submit” button. The website will then process your BVN and retrieve the relevant information about your NIRSAL loan application status.

Step 6: View Your Loan Status

Once the system processes your BVN, your loan application status will be displayed on the screen.
There are typically three possible outcomes:

  1. Approval: If your NIRSAL loan has been approved, the screen will show that your loan has been approved, and you will receive instructions on the next steps to follow.
  2. Pending/Processing: If your loan is still under review or processing, the screen might display a message indicating that your application is pending. In this case, you might need to wait a bit longer for a final decision.
  3. Rejected: If, unfortunately, your loan application has been rejected, the screen will show that your application was not successful. You might also receive reasons for the rejection, if available.

Step 7: Take Action

Depending on the outcome of your loan application, you can take the necessary steps. If your loan is approved, follow the provided instructions to proceed with the disbursement process.
If your loan is still pending or has been rejected, you might need to contact NIRSAL Microfinance Bank for further assistance or consider reapplying if you meet the necessary criteria.


Checking your NIRSAL loan approval status using your BVN number is a straightforward process that can provide you with valuable information about the progress of your loan application.
Whether you’re looking to invest in agriculture or expand your existing business, NIRSAL’s financial support can be a significant boost. Remember that loan processing times may vary, so it’s important to remain patient during the evaluation process.

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If you encounter any difficulties or have questions about your application, don’t hesitate to reach out to NIRSAL Microfinance Bank for assistance.

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