How To Know If Your FG Loan Application Status Is Verified

Did you apply for the FG Loan Scheme? If yes, then this update is for you. So keep reading!

As the Federal Government prepares for the first set of the FG Loan Scheme Disbursement which is expected to commence soon, it will be wise for the loan applicants to check and know whether their application status is verified. 

If your status is not verified yet, it will show uploaded. However, note that it is a process, and disbursement is done in batches. So if yours has not shown verified yet it might turn verified later as the process continues.

Disbursement is yet to start but they are finalising the first batch. According to the management, about 700,000 applicants have applied for the FG loan scheme.

How do you check if your loan status is verified?

1. Go to https://loan.fedgrantandloan.gov.ng/auth/login and log into your account using your login details email and password.

2. Check to see if your status has the green verified inscription by tapping on your name. You will either see uploaded or verified!

The Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment initiatives the Presidential Conditional Grant Programme and the Presidential Palliative Loan Programme.

You may want to also read What You Should Do If You Applied For 2024 NYIF Loan

MSMEs & manufacturers will access loans up to N1 million and N1Billion respectively. The target sectors for The Scheme are traders, Transportation, and Food Services. ICT, Creatives, Artisans