Survival Fund Payment Update for MSMEs Payroll Support and when you will be Paid – The main essence of Survival Fund Registration is to get paid, to receive and see the alert on your phone, then make use of the money. It is possible you will register and you will not be paid. This article will guide you and keep you updated on how you will be paid and update on Survival Fund Payment 2020/2021.

Survival Fund Payment Update for MSMEs Payroll Support

Survival Fund Payment commences or kicks starts after online registration on MSME Payroll Support Portal. The update is that will start from October 1, 2020.

Note: All registered prospective beneficiaries will upload required documents as sent to them as SMS and Mail to Survival Fund Portal

There are stages in MSME Survival Fund Registration and Payment

When are we receiving alert on when will FG start paying us for Survival Fund

Immediately after verification online, payment and disbursement of Survival Fund will start

Stages in Survival Fund Registration

There are stages or phases in Survival Fund Registration. It include;

1^st Stage is Registration online – This is the stage where you fill your details online using the steps provided.

2^nd Stage is Uploading of Documents – This is the stage where you upload all required documents to Survival Fund Portal or website using your login details

3^rd Stage is Verification – This is the stage where all your details filled online and documents uploaded are verified and scrutinized. Any mistake or error found leads to disqualification

4^th Stage is Payment – This is the stage where funds are disbursed to successful beneficiaries. The merited amount based on the size of your business or company are been paid to the account details provided. This is taken to be final stage at the moment pending when further updates are made.

Click Here to See When Survival Fund Payment is Starting for Successful Candidates and List of Documents to Upload

Steps and Requirements in First Stage of Survival Fund Registration

Step 1: Personal registration – Register your personal details to start the payroll support application. Instructions at the top of the form will guide you on the required fields that need to be filled to complete the initial registration.

Step 2: Activate your account – You will receive an activation code on the mobile number and email address you registered with. You will need this code to activate your account. Please ensure you have access to the phone number or email address you will register with in order to complete your initial registration.

Step 3: Organisation registration – After you have successfully activated your account, you will need to login and register your Organisation. To complete this stage, you will need your CAC Number, SMEDAN Number, Tax ID (optional) and the organisation’s bank account details.

Step 4: Completing the payroll support application – You will receive an email address on the list of requirements needed to complete the application. These include the beneficiary employees details (not more than 10 employees), proof of previous salary payments to the beneficiary and all other supporting documents.

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