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Terms & Conditions

Last updated July 2026

These terms set out the basis on which you may use the Coal Camp Microfinance Bank website and our services. By opening an account or using this site, you agree to them, so please read them carefully.

About us

Coal Camp Microfinance Bank is licensed and regulated by the Central Bank of Nigeria. Deposits held with us are insured by the Nigeria Deposit Insurance Corporation (NDIC), up to the limit set by the Corporation.

Using this website

You are welcome to browse our website for information about our products and services. In return, we ask that you use it lawfully and honestly, and that you do not attempt to interfere with the site, its security or the experience of other visitors.

Your account and services

When you open an account or take up any of our services, additional terms specific to that product will apply, alongside these general terms. You are responsible for giving us accurate information and for keeping your account details, PINs and passwords confidential. Please tell us straight away if you suspect anyone else has gained access to your account.

Fees, charges and interest

Our fees, charges and interest rates are disclosed to you before you take up a product, and are applied in line with CBN guidelines. We will always let you know of any changes in good time.

Loans and repayment

Loans are granted at our discretion and are subject to the terms in your loan agreement, including the repayment schedule and any security or guarantee required. Borrowing responsibly protects both you and your business, and we are always ready to talk things through if your circumstances change.

Our content

The text, logos, images and design on this website belong to Coal Camp Microfinance Bank and may not be copied or reused without our permission.

Limits on our responsibility

We take care to keep the information on this website accurate and up to date, but we cannot promise it is always complete or error-free. Where the law allows, we are not liable for any loss arising from your reliance on general information published here, as opposed to the specific terms of a product you hold with us.

Governing law

These terms are governed by the laws of the Federal Republic of Nigeria, and any dispute will be handled by the Nigerian courts.

Changes to these terms

We may update these terms occasionally. The current version will always be available on this page.

Get in touch

If anything here is unclear, please contact us at info@coalcampmfb.com or on (+234)(0)8063311103,(+234)(0)8075191009 and we will gladly explain.

Questions?

We're happy to explain anything on this page and help you get started.

Contact us