Everyone is different so one size never fits all. That is why we have a wide range of accounts to fit everyone, regardless of situation or lifestyle.
So whether you want a basic account or one bursting with options, you will find the right account that meets your expectations.
When you consider the advantages that come with a Moneyfield MFB Investment account and the many benefits to your business, coupled with the support and guidance you receive from your ever attentive relationship manager, you would be right to consider it a valuable business asset.
If your card has been damaged, misplaced or stolen, kindly call Moneyfield MFBDirect immediately on +234-700-024-8632, 07000MoneyfieldMFB to block the card. You can then request a replacement.
Always place your Debit Card away from electromagnetic items e.g. mobile phones.
Yes, You Can. If you have registered for Internet Banking.
Otherwise, you can either contact the Contact Center to request that your Statement be sent via your registered email address or visit the nearest Moneyfield MFBank branch to request for your Account Statement.
Click Here: www.moneyfieldmfb.com, this will take you to our Online Banking Website. Or Click here to set up Internet Banking by the bottom of the page and proceed with the steps below:
| Moneyfield MFB Online | Transaction Type | Transaction Fee |
| Intra Bank Transfer | No charge | |
| Inter Bank Transfer | ||
| Less than N500,000 | 100 | |
| Between N500,000 and N1M | 200 | |
| Between N1M and N10M | 600 | |
| Above N10M | 1000 | |
| Bill Payments | 100 | |
| Air-Time Recharge | No charge |
Note that in addition to the fees above, Account maintenance charge will apply on Current accounts.
Yes, you can.
There are no enrolment fees nor monthly or any other periodic charges; however there are transaction charges.
Moneyfield MFBank has two investment products:
1. Fixed Deposit:
2. Investment Notes: A high yield account with
Yes, you can.
For Investment Notes, you can add any amount at any time to your account.
For Fixed Deposit, we will re-invest the sum of your old and new investment for the tenure you choose.
Yes, you can.
You can liquidate your Investment Note at any time. Penalty charge on liquidation before maturity will be taken on the principal if interest has been taken upfront.
However, Liquidation before maturity will attract a penalty of 20% on the accrued interest on Fixed Deposit accounts.
Yes, you can.
You can view your account on our Mobile App or Internet Banking or speak to your Relationship Manager for details.
Your Investment is safe with us.
We are regulated by the Central Bank of Nigeria (CBN) and
Insured by Nigeria Deposit Insurance Corporation (NDIC).
We have a highly skilled team and a 100% payout rate on investments.
Please visit Investment Options and fill the account opening form.
You can also call +234-700-024-8632
The interest on your investment is calculated per annum and pro-rated to your selected tenure.
All investments are subject to 10% Withholding Tax (WHT).
To Qualify for a loan, you must be:
⇒ Be between 25 – 59 years old
⇒ Have a verifiable source of income
⇒ Live and / or work in cities where we operate
⇒ Have a savings or current bank account with any commercial bank
You can get up to N5Million for 12 months.
Please follow this link @ www.moneyfieldmfb.com to apply or call +234-700-024-8632
Your loan process can be completed in 48 hours provided all documents are valid & presented on application.
You Need Your:
1. Bank Statement
2. A Government issued ID card
3. Utility bill (optional)
This is a CBN policy applicable to financial institutions as part of KYC requirements.
Yes, we do.
Based on the information provided by you, you do not meet the minimum requirements to access a loan.
Based on the documents provided by you, you do not meet the full requirements to access a loan.
We use a Risk Based Pricing model which estimates the risk of lending to each applicant and prices accordingly.
Our maximum loan repayment tenure is 12 months.
Once your application is approved, you will receive funds within 24-48 hours
We will require your salary bank statement to process your application.
You must be over 25 years and have a regular source of income to apply for a loan.
You can do this through different ways:
1. Internet Banking: Walk into any Moneyfield MFBank branch & print your statement.
2. Your Bank: Ask your bank account officer to print your statement.
3. Attach a soft copy of your stamped & signed bank statement to your loan application.
This is still subject to verification.
Based on the documents provided by you, you do not meet the full requirements to access a loan.
Your debt-to-income ratio may not be able to accommodate your loan request.
1. Your account officer will inform you once your loan is approved.
2. You will also get an SMS Alert on your phone
Cash Deposit or Transfer into any of these designated accounts:
Bank:
Bank:
Cheques: The cheques deposited as part of your loan documentation will be presented to your bank on your due date. Please make sure you have enough funds to cover repayment.
If your initial documents are still valid, we will only need your recent bank statement (3 months).
Please send your new offer letter to info@moneyfieldmfb.com
Yes you can.
Please send an email to info@moneyfieldmfb.com
Yes, you can apply for a top-up loan.
Please contact your account officer with your request.
You can have one active loan and take a top-up on your existing loan.
You can apply for a new loan immediately after or during the tenure of your existing loan
Yes, you can using any of the options below:
1. Cash deposit or transfer into any of these designated accounts:
Bank:
Bank:
2. Cheques: The cheques deposited as part of your loan documentation will be presented to your bank on your due date.
Please make sure you have enough funds to cover repayment.
Please send an email to info@moneyfieldmfb.com
Please send an email to info@moneyfieldmfb.com
If the payment details you supplied to Moneyfield MFBank has changed, incorrect or not funded, your repayment will be unsuccessful.
Our current default rate is 0.03%.
Our current default rate is 0.03%.
Please send an email to info@moneyfieldmfb.com
Please provide evidence of your salary change from your employer via email to info@moneyfieldmfb.com and restructure your loan repayment with us.
Please send email or letter from your employer stating change in your salary date to info@moneyfieldmfb.com
Please visit any of our branch and a representative will attend to you.
We will return your cheques after your loan has been repaid. Please send an email to info@moneyfieldmfb.com
Yes, you can. Please make payment 72 hours before your repayment date and send email to info@moneyfieldmfb.com
Our Goal at Moneyfield Microfinance Bank is to Provide Personal Loans & Business Loans and Access to Savings & Investment Portfolios at insight competitive interest rates to Empower Small Business Owners! Site Map
Head Office
#22, Berkley Street, Off King George V Road, Onikan, Lagos, Nigeria.
+234-700-024-8632
A Subsidiary of Capitalfield Group
info@moneyfieldmfb.com
Open: Mon-Fri, 8am-5pm