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Monika Singh
3 April, 2021, 10:00 pm
The Fiji National Provident Fund rolled out the COVID-19 Response (home loan assistance) from April 1, 2021. Picture: FILE
THE Fiji National Provident Fund (FNPF) has identified 809 members who qualify for its COVID-19 Response (Home loan assistance).
Applications for this relief opened on April 1 and will end on June 30, 2021 and require applicants to lodge it with their banks or lenders such as the Housing Authority of Fiji and the Fiji Development Bank.
FNPF acting chief executive officer Viliame Vodonaivalu said members could now access their FNPF savings inclusive of 50 per cent of their Preserved Account to pay for their monthly home loan repayments for a minimum of three months to a maximum of 12 months.
Apr 02, 2021 10:18:36 AM The Fiji National Provident Fund rolled out its COVID-19 Home Loan Assistance yesterday specifically for members affected by the pandemic. Members can now access their FNPF savings - inclusive of 50 per cent of their Preserved Account - to pay for their monthly home loan repayments for a minimum of three months to a maximum of 12 months. Members unemployed or on reduced pay will qualify for this assistance if they have an existing home loan and made arrangements for a loan repayment holiday (moratorium) with their lenders by 31 March 2021, are legal owners of the property under mortgage and are currently residing on the property.
FNPF rolls out Home Loan Relief from today
FNPF rolls out Home Loan Relief from today
Fiji National Provident Fund has rolled out the COVID-19 Response, Home Loan Assistance from today.
FNPF Acting Chief Executive Officer Viliame Vodonaivalu says this assistance is specifically for members affected by the pandemic.
He says these members can now access their FNPF savings, inclusive of 50% of their Preserved Account, to pay for their monthly home loan repayments for a minimum of three months to a maximum of 12 months.
Vodonaivalu says the Fund has identified 809 members who qualify for this assistance.
He says eligible members must visit their banks or lenders with a copy of their FNPF eligibility statement.
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