Our Vision
To be the leader in Nigeria in the provision of microfinance and related banking services using cutting edge technology.
Introducing JufoPay by Novel MFB
A better life with Jufopay
Jufopay is our online realtime solution which enables our customers to transfer money, settle bills, buy things online and make payments for essential goods and services.
You can download Jufopay on to your mobile phone, tablet or access from your computer. That way, your bank is with you always and at your fingertips.
Our Mission & Vision
Making Financial Services Available Everywhere
Our Mission
To enhance convenience and economic wellbeing of our customers using digital banking technology and playing by the rules
Our Core Values
Innovation, Integrity, and Excellent services.
Our Impact Products
AMC Plus - Current Account
We do not believe we should charge or penalise you for opening and maintaining a Current Account with us
Our way of thanking you for your patronage is to pay you a commission on the average balance you have with us at the end of every month.
Savings Challenge
Achieve Group Savings with Family and Friends or Individually, for a project and get rewarded.
Flexibility to add funds at anytime outside the scheduled periods. High Interest Earning of up to 12.4% PA
Buy Now, Pay Small Small
Pay for products on prominent e- commerce platforms (Jumia, Konga, Big A, etc.) over piecemeal, using monthly installments.
You see what you like, we pay for it, you pay us in installments with flexible repayment models.
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Meet Our Board
Leadership at NOVEL is a crop of seasoned, tested and trusted banking and ICT professionals
Chairman
Nathaniel Ndukwe
Mr. Nathaniel Ndukwe is a seasoned banker with more than 35 years’ banking experience. He studied Banking & Finance (M.Sc.) at the University of Ibadan, An Associate of the London Institute of Bankers (ACIB), South West London College, London. Held Senior Management positions in many Banks and Financial Institutions. DIRECTORSHIP POSITIONS: Director - Pioneer Sorting Co. Ltd. (a Company owned by a Consortium of Banks: 2000 – 2021) Director - Chase Express Logistics Co. Limited: 2009 till date. Chairman - Novel Microfinance Bank Limited: 2009 till date. He has attended several Courses locally and overseas.