Posted On:
06 NOV 2026 7:15PM by PIB Raipur
SAIL-Bhilai Steel Plant (BSP) has launched a revamped online Non-Refundable Loan (NRL) module on its 'E-Sahayog' portal in alignment with the provisions of the Employees' Provident Fund (EPF) Scheme, 2026. The primary objective of this digital initiative is to make the entire process of provident fund advances and withdrawals more transparent, simplified, swift, and convenient for plant employees.
The revamped module was jointly inaugurated by Shri Praveen Nigam, Executive Director (Finance & Accounts), and Shri Pawan Kumar, Executive Director (Human Resources). Chief General Manager (HR) Shri Prashant Ojha, Chief General Manager (Finance & Accounts) Shri Rajiv Mahendru, General Manager (C&IT) Ms. Neena Jaiswal, and Shri Sandeep Jha, along with CPF trustees and senior officials from the concerned departments, were present on the occasion.
Addressing the gathering, Executive Director (Finance & Accounts) Shri Praveen Nigam appreciated the collective and prompt efforts of the departments in updating the digital system in accordance with the revised statutory provisions.
Executive Director (HR) Shri Pawan Kumar praised the dedicated teamwork and expressed satisfaction that Bhilai Steel Plant has become the first unit of the Steel Authority of India Limited (SAIL) to successfully implement the EPF Scheme, 2026 through the revamped online module.
During the event, Manager (Finance & Accounts) Ms. Sanjola delivered a comprehensive presentation detailing the key features of the upgraded module. She explained that the system automatically calculates 75 percent of the Eligible Member Balance (EMB), while mandatorily securing a minimum of 25 percent until separation from service. Additionally, withdrawal limits approved from November 1, 2026, have been realigned with the new provisions, and the requirement to upload supporting documents or select dependents for eligible withdrawals has been completely eliminated.
To enhance digital security and user convenience, the module features secure two-factor (2FA) OTP authentication and real-time application tracking, enabling employees to track the status of their requests seamlessly. The in-house technical development of the module was carried out by Senior Manager (C&IT) Shri Irfan Siddiqui under the leadership of General Manager (C&IT) Shri Sandeep Jha, with operational and policy support from the Finance-CPF department. This initiative marks a significant step forward in bolstering the plant's digital transformation agenda and delivering efficient employee welfare services.
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RDJ/PJ