FIJI NEWS | NEWS

FNPF Extends Home Loan Assistance

The COVID-19 Home Loan Assistance has been extended to 31 October 2021, to allow members to meet their home loan repayments. The assistance was scheduled to close tomorrow (September 30)
29 Sep 2021 17:00
FNPF Extends Home Loan Assistance

The COVID-19 Home Loan Assistance has been extended to 31 October 2021, to allow members to meet their home loan repayments.

The assistance was scheduled to close tomorrow (September 30) but the Fiji National Provident Fund has extended it to next month.

 

Chief Executive Officer Viliame Vodonaivalu said a total of $11.7 million has been paid for 1,215 members home loans and the Fund continues to receive expressions of interest from members regarding this relief.

“The Fund’s COVID-19 relief or assistance are targeted measures to assist those members whose livelihoods have been directly impacted by the pandemic.”

“Understandably, there are other commitments that these members have, including home loans.”

 

“The Fund appreciates that a majority of our members, have just come out of restrictive movements given COVID-19 and will need some time to organize requirements needed for this assistance.”

“We will continue to work with our members to secure their properties, and this lifetime investment as allowed under the law.”

 

Of the total applications received, 1,163 were lodged by the banks and lending institutions through the portal, while 52 were submitted manually.

Members whose employment have been impacted by the pandemic will qualify if they have an existing moratorium or home loan holiday arrangement with their bank or lending institution.

 

These members are encouraged to contact their lenders directly and to ensure the required documents are provided.

Queries on this relief can also be directed to the Fund via telephone to 3307811 or 5857, email on Information@fnpf.com.fj , the Fund’s live chat facility on the website www.myfnpf.com.fj or through social media.



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