SSF Launches Land Loan Scheme; Workers Eligible for Up to Rs 1.50 Crore at 6% Interest

Kathmandu — On the occasion of International Workers’ Day (May 1, 2026), Nepal’s Social Security Fund (SSF) officially launched a new ‘Land Loan’ scheme, enabling eligible contributors to access affordable financing for land purchases.
Minister for Labour, Employment and Social Security Ramji Yadav announced the scheme, describing it as a significant initiative aimed at improving workers’ access to property ownership and strengthening social security benefits.

Under the scheme, workers associated with the fund can obtain loans of up to Rs 1.50 crore (15 million) at a fixed interest rate of 6 percent per annum, which is considerably lower than rates offered by commercial banks. This is the first time the Fund has introduced a dedicated loan facility specifically for purchasing land. To be eligible, contributors must have been regularly enrolled in the Social Security Fund and made monthly contributions for a minimum of 18 months. The loan approval and amount will be determined based on the contributor’s history and total volume of contributions to the fund.
The scheme is exclusively designed for land purchases, aiming to make property ownership more accessible for workers across the country while promoting long-term financial stability.Officials believe the initiative will provide much-needed financial support to contributors and further strengthen the role of the Social Security Fund in safeguarding workers’ economic well-being.
Photo: AI Generated