The Employees Provident Fund (Karmachari Sanchaya Kosh-KSK) has stated that special loan service can be availed through internet. Considering the cause of Corona virus Covid-19, the fund has started providing online loan service to its customers through internet.
To avail this service, the customer has to go to the website of the fund and fill up the application form. After filling the form, you have to upload the scanned copy and send it to the fund.
The fund has stated that the amount will be deposited in the bank account of the concerned person after receiving the form of the saver. However, in the first phase, only savers who have qualified for 'Special Loan Service' and have updated KYC will be able to take it.
Currently, savers will be able to take special loans of Rs 20,000 to Rs 1 million from the online system.