Terms and Conditions for Model Microfinance Bank

Effective Date: 25th September, 2025

Welcome to Model Microfinance Bank (“we,” “our,” “us”). Please read these Terms and Conditions carefully before using our mobile app or website (“Services”). By accessing or using our Services, you agree to comply with and be bound by these Terms.

1. Acceptance of Terms

By using our app or website, you confirm that you have read, understood, and agree to these Terms and any applicable laws and regulations. If you do not agree, please do not use our Services.

2. Eligibility

Our Services are intended for users who are at least 18 years old or of legal age in your jurisdiction. By using our platform, you affirm that you meet the eligibility criteria.

3. Account Registration and Security

You must register and create an account to access certain features on our app. You are responsible for maintaining the confidentiality of your login credentials and any activity on your account. You agree to provide accurate, current, and complete information during registration and to update it as necessary.

4. Use of Services

You agree to use the Services solely for lawful purposes and in accordance with these Terms. You shall not engage in any conduct that could harm the platform or other users, including fraud, hacking, or transmitting malicious content.

5. Transactions and Payments

All transactions are subject to verification and approval by us. You agree to provide accurate payment information and consent to charges associated with your transactions. We reserve the right to refuse or cancel transactions at our discretion.

6. Intellectual Property

All content, logos, trademarks, and software used in the Services are the property of Model Microfinance Bank or its licensors. You agree not to reproduce, modify, or distribute any content without prior written consent.

7. Privacy and Data Security

Your use of our Services is also governed by our Privacy Policy. Please review it to understand how we collect and use your information.

8. Limitation of Liability

To the maximum extent permitted by law, we shall not be liable for any damages arising from your use or inability to use the Services, including but not limited to data loss, interruptions, or errors.

9. Indemnity

You agree to indemnify and hold harmless Model Microfinance Bank from any claims, damages, liabilities, or expenses resulting from your violation of these Terms or misuse of the Services.

10. Termination

We reserve the right to suspend or terminate your access to the Services at any time, without notice, for violations of these Terms or other misconduct.

11. Changes to Terms

We may update these Terms periodically. Continued use of the Services constitutes acceptance of any changes.

12. Governing Law

These Terms shall be governed by and construed in accordance with the laws of Nigeria.

13. Contact Us

For questions regarding these Terms and Conditions, please contact us at:
Model Microfinance Bank
Email: info@modelmfb.com.ng
Phone: 08127823824
Address: Akonobi Avenue, Ezineni Village Neni