SSF contributors can get loan thru mobile app

KATHMANDU: Contributors to the Social Security Fund (SSF) can now avail themselves of different types of loan facilities through its mobile app launched on Wednesday. Now the contributors can get special credit, housing loans, educational loans and social loans using the app. At a programme organised at the Ministry of Labour, Employment and Social Security, Labour Minister Sher Bahadur Kunwar launched the contributor special credit and mobile app. On the occasion, contributors — Binay Kumar Mahato and Pawan Babu Pradhan — received the amount of special credit and amount of retirement service by Keshav Khadka through the mobile app. Those who have been regularly contributing to the Fund from Shrawan 2076 BS can get special credit and other loans from the fund. Around 700 contributors have now become able to get such facilities. Altogether 352,924 contributors are enrolled in the Fund so far. A total of Rs 22.08 million has been deposited in the fund so far. The SSF started collecting amounts from Shrawan, 2076 BS.  There is a provision that a contributor enrolled in the Fund has to deposit 11% of the amount of his/her basic remuneration and the employer has to contribute 20% monthly. As per the Contributors Credit Guidelines - 2079, a person contributing to the fund continuously for three years can get such credit and loans. Minister Kunwar directed the fund to make its service technology-friendly and urged to widen the social security coverage. By RSS READ ALSO:

• Nepal to focus on social security, safety of Nepali workers in UAE
• PM directs NA to be alert owing to changes in security environment
• NAC repays long pending dues to EPF, CIT