Fiji National Provident Fund

As a member of FNPF you are entitled to:

Build a house with a minimum amount of $10,000.00 either solely or jointly if there are multiple applicants applying for the same project.

Extend or Renovate with a minimum amount of $5,000.00 either solely or jointly if there are multiple applicants applying for the same project.

Quick Repairs with a maximum amount of $5,000.00. You may re-apply after a period of 3 years from the last payment date.

Access your General Account to purchase a land or dwelling house or extending, renovating, reducing or paying off a home loan by way of investment provided the property is registered under your name.

Things to Know Before You Proceed

You must have sufficient General Account Balance.

An early withdrawal will reduce your General Account balance and will also reduce your retirement funds when you reach the age of 55.

What if my General Account is not Enough, Can I Access My Preserved Account?

You may access your Preserved Account ONLY if it is your first housing application to purchase a vacant land (for urban housing only) or purchase an existing house or to build a house.

The maximum limit you can access is 21% of your Preserved Account balance.

This would mean that the total amount that you withdraw would be 51% of your total balance (GA [30%] + PA [21%]).

Your General Account balance will remain at zero until your Preserved Account has been replenished OR 5 years has lapsed.

You can only access your Preserved Account once.

Housing Withdrawals Before 1st November, 2014

If you had made a housing withdrawal before the 1st November,2014 with an amount less than $5,000.00, you may also access your Preserved Account for purchasing a vacant land or purchasing a house or building a house.

Here are the options available for you as a member if you live in within a town or city or if you are thinking of starting out in one.

Options	Min or Max Limit You Can Request	Fee
Buying Your Property	Min. $10,000.00	$100
Buying Land from TLTB	Min. $10,000.00	$100
Buying Land from Lands Dept.	Min. $10,000.00	$100
Paying Survey Fees	Cost of Surveying Fees	$100
Reduce Your Home Loan	Min. 15% of outstanding loan amount	$100
Pay Off Your Home Loan	Depending on Eligibility	$100
Make Quick Repairs	Max. $5,000.00	$50
Build Your Home (Partly Financed)	Depending on Eligibility	$100
Build Your Home (Fully Financed by FNPF)	Min. $10,000.00	$100
Extend Your Home	Min. $5,000.00	$100
Renovate Your Home	Min. $5,000.00	$100
Electrification Installation	Depending on Project Cost	$100
Installation of Solar System	Depending on Project Cost	$100
Installation of Water Tanks	Depending on Project Cost	$100
Discharge	Not Applicable	$50

Option 1 – Buying A Property

Thinking of buying that dream home or starting off by buying your very own piece of land, here is what you need before visiting an FNPF office:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Valuation Report	Report was done in the last 5 years. Report was prepared by any of our panel of Valuers.
3	Sales and Purchase Agreement or Sale Note (Copy)
4	Building Plan (Draft)	You will have to give us a copy of the plan when it is approved.
5	Lender’s Offer (Signed Copy)	If you are also taking a loan from any of our panel of Lenders.
6	Bank Statement	This is only needed if you are choosing to use only your FNPF money and not borrow from any of our panel of Lenders and your FNPF money is not enough to buy the property.
7	FNPF 9U01 Form	Completed Form

Option 2 – Buying Land from iTaukei Lands Trust Board (TLTB)

If you plan to buy a piece of land from the TLTB, you are to bring the following documents with you:

#	Document	Description
1	I-Taukei Lease	Stamped Copy
2	Offer Letter	Showing the breakdown of fees
3	Statement of Account	If there is money left to be paid on your TLTB account.
4	FNPF 9U01 Form	Completed Form

Option 3 – Buying Land from the Lands Department

If you plan to buy a piece of land from the Lands Department, please bring the following details with you:

#	Document	Description
1	Crown Lease	Unregistered
2	Offer Letter	Showing the breakdown of fees
3	Statement of Account	If there is money left to be paid on your Lands Dept. account.
4	FNPF 9U01 Form	Completed Form

Option 4 – Paying Survey Fees

#	Document	Description
1	Two (2) Surveyor Quotes	The quotes must be from registered surveyors. The quotes must show the breakdown of work with the associated cost.
2	Approved Survey Instruction Form	Copy only
3	FNPF 9U01 Form	Completed Form

Option 5 – Reduce Home Loan

If you had taken a home loan from an FNPF Approved Lender and want to reduce the loan amount. You can provided that:

You have enough money in your General Account to pay off a minimum of 15% of your current loan amount. FNPF reserves the right to consider an application on its own merit to avoid mortgagee sale or cases already under mortgagee sale.

You are the legal owner of the property.

These are the document that you need to submit:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Acceptance Letter	Signed by you and the lender
3	Statement of Account	You housing loan account
4	FNPF 9U01 Form	Completed Form

Additional documents that may be required by us for mortgagee sale cases only.

#	Document	Description
1	Letter of Confirmation from Lender	To confirm that you and the lender have made a satisfactory arrangement on the continuation of loan repayments.
2	Letter of Confirmation on Withdrawal of Default Notice	Confirmation from the Lender that they have taken back the default notice.
3	Default Notice	Copy Or copy of mortgagee sale advertisement

Option 6 – Pay Off Home Loan

Wanting to pay off your home loan? You can provided that:

You have enough money in your General Account to pay off your current loan amount. FNPF reserves the right to consider an application on its own merit to avoid mortgagee sale or cases already under mortgagee sale.

You are the legal owner of the property.

Here are the document that you need to submit:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Acceptance Letter	Signed by you and the lender
3	Letter of Settlement Figure	The letter must show the breakdown of the housing and non-housing loan.
4	FNPF 9U01 Form	Completed Form

Option 7 – Make Quick Repairs

You may use your General Account to make quick repairs to your house however you must be the legal owner of the house. What we need is:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Two (2) quotations for building materials	Quotes have to be from reputable hardware suppliers
3	One (1) quotation for labour	-
4	Four (4) photographs	Showing the four sides of your home.
5	Bank Statement	A month old Bank Account should be under your name.
6	FNPF 9U01 Form	Completed Form

Option 8 – Build A Home (Partly Financed)

If you plan to build your home by taking a loan from an FNPF Approved Lender and want to also use your FNPF money, please bring us the following details:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Building Plan	Approved by the relevant local authority
3	Acceptance Letter	Signed by you and the lender
4	FNPF 9U01 Form	Completed Form

Option 9 – Build A Home (Fully Financed by FNPF)

If you plan to build your home using only your FNPF money. You will need to submit the following details to us:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Building Plan	Approved by the relevant local authority
3	Quantity Surveyor Report or Civil Engineer’s Report	Report has to be detailed. Must show the scope of work, estimated cost and completion stage. This is only if the total cost of building your home is more than $10,000.
4	Two (2) quotations from General Contractors	Quotes have to be from reputable registered contractors. Must show the breakdown of the project in stages with the cost of each stage.
5	Two (2) quotations for building materials	Quotes have to be from reputable hardware suppliers. This is only if you are going to build your own home.
6	Two (2) quotations for labour	This is only if you are going to build your own home.
7	Evidence of your contribution.	This can be your bank statement OR Receipts for materials already purchased OR Photos showing materials onsite OR Photos showing work in progress
8	Bank Statement	A month old Bank Account should be under your name.
9	FNPF 9U01 Form	Completed Form

Option 10 – Extend Your Home

If you want to extend your home, you must provide us with the following details:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Extension Plan	Approved by the relevant local authority
3	Quantity Surveyor Report or Civil Engineer’s Report	Report has to be detailed. Must show the scope of work, estimated cost and completion stage. This is only if the total cost of building your home is more than $10,000.
4	Two (2) quotations from General Contractors	Quotes have to be from reputable registered contractors. Must show the breakdown of the project in stages with the cost of each stage.
5	Two (2) quotations for building materials	This is only if you are going to build your own home. Quotes have to be from reputable hardware suppliers.
6	Two (2) quotations for labour	This is only if you are going to build your own home.
7	Evidence of your contribution.	This can be your bank statement OR Receipts for materials already purchased OR Photos showing materials onsite OR Photos showing work in progress
8	Four (4) photographs	Showing the four sides of your home.
9	Bank Statement	A month old Bank Account should be under your name.
10	FNPF 9U01 Form	Completed Form

Option 11 – Renovate Your Home

If you want to renovate your home and use your FNPF money, you will need to provide us with the following details:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Quantity Surveyor Report or Civil Engineer’s Report	Report has to be detailed. Must show the scope of work, estimated cost and completion stage. This is only if the total cost of building your home is more than $10,000.
3	Two (2) quotations from General Contractors	Quotes have to be from reputable registered contractors. Must show the breakdown of the project in stages with the cost of each stage.
4	Two (2) quotations for building materials	This is only if you are going to build your own home. Quotes have to be from reputable hardware suppliers.
5	Two (2) quotations for labour	This is only if you are going to build your own home.
6	Evidence of your contribution.	This can be your bank statement OR Receipts for materials already purchased OR Photos showing materials onsite OR Photos showing work in progress
7	Four (4) photographs	Showing the four sides of your home.
8	Bank Statement	A month old Bank Account should be under your name.
9	FNPF 9U01 Form	Completed Form

Option 12 – Electrification Installation

You have to be a legal owner of the property and give us the following information:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Permit	Approved by FEA
3	Two (2) quotations from Electrical Contractors	Quotes have to be from registered Electricians Must show the breakdown of the project in stages with the cost of each stage.
4	Two (2) quotations of materials	Must be from different hardware/electrical suppliers.
5	Bank Statement	A month old Bank Account should be under your name.
6	FNPF 9U01 Form	Completed Form

Option 13 – Installation of Solar System

You have to be the legal owner of the title or lease:

#	Document	Description
1	Title (Copy)	A month old showing the latest transactions. Signed and stamped by the Registrar of Titles
2	Two (2) quotations from Electrical Contractors	Quotes have to be from registered Electricians Must show the breakdown of the project in stages with the cost of each stage.
3	Two (2) quotations of solar system.	If applicable.
4	Bank Statement	A month old Bank Account should be under your name.
5	FNPF 9U01 Form	Completed Form

Option 14 – Installation of Water Tanks

You have to be the legal owner of the title or lease and provide us with the following details:

#	Document	Description
1	Title (Copy)	The copy has to be a month old showing the latest transactions. Has to be signed and stamped by the Registrar of Titles
2	Two (2) quotations for Water Tank	The quotes have to be from reputable hardware suppliers. The quotes can include installation costs.
3	Two (2) quotations of Installation	If the installation is done separately.
4	Four (4) photographs	Showing the four sides of your home.
5	Bank Statement	A month old Bank Account should be under your name.
6	FNPF 9U01 Form	Completed Form

Discharge

If the title of your property is held in FNPF custody and has to be released by us, we will need the following details from you:

#	Document	Description
1	Letter from Solicitor OR from the Lender	If you have engaged a solicitor or a lender to act on your behalf.
2	Title (Copy)	The copy has to be a month old showing the latest transactions. Has to be certified by the Registrar of Titles.
3	Charge Search	To show the current charges registered on the property.
4	Discharge Form	Completed Form