Our Current Account Products

MMFB MICRO LOAN

This is a current accont facility available for traders, businessmen and women and all those engaged in cottage industries.

Features

1. Opening balance is =N= 5,000.00

2. Operate account for 90 days

3. Tenor - 180 days

MMFB EASY LIFE ACCOUNT

This facility enables those employe in both public and private sectors of the economy to enjoy the convenience and comfort of modern living and pay later.

Features

1. Opening with =N= 5,000.00

2. Apply for household equipment of your chioce

3. Draw a repayment programme

MMFB CO-OPERATIVE LINE ACCOUNT

Our co-operative product assist 10 persons with a zeal to succeed to form a co-operative society and register same with government.

Features

1. Open account with =N= 5,000.00

2. Save 10% of the amount your group want to borrow

3. The bank lends your group 100%

4. Maximum amount per group is =N= 200,000.00

5. Interest is negotiable

MMFB SHARE PURCHASE ACCOUNT

Our bank growth account gives you the chance to won those shares of your dream.

Features

1. Open account with =N= 5,000.00

2. Continue to increase the deposit

3. Save 50% of the required amount

4. The bank advance the balance of 50% to enable you buy shares of your dream

5. All shares are bought in the name of the bank

6. Nominal transfer to the customer's name after liquidation

MMFB BUSINESS ENCOURAGEMENT ACCOUNT

This product is specially developed for small scale enterprises, artisans, traders, and business people to enjoy better success.

Features

1. Open account with =N= 5,000.00

2. Regular or periodic deposits towrds a business target

3. Maintain a minimum balace of =N= 50,000.00 for three months and stand the chance of being rewarded with empowerment tools, materials, etc to assist in expanding your business.

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Corporate Information

The bank was incorporated on the 23rd September 1993 as a private limited liability company (Mgbidi Community Bank Ltd) and transformed to Mgbidi Microfinance Bank Ltd on 14th July 2007 by the Central Bank of Nigeria.

Contact Us

Address: THE BANK HOUSE, No 142, Owerri-Onitsha Road, Mgbidi, Imo State, Nigeria.
Telephone: 08037031398,
Others: 08037034591
E-mail: info@mgbidimfb.com