The Higher Education Loans Board (HELB) has reminded employers to remit employee loan deductions by the 15th day of every month.

🇰🇪 Breaking It Down

In a notice issued on Friday, August 14, the board stated that employers are required to deduct the amounts listed under each beneficiary’s monthly deduction rate and forward the money to HELB by the deadline.

“Ensure all HELB loan deductions are remitted by the 15th of every month to maintain timely compliance,” HELB wrote.

Employers must first upload their remittance list through the HELB Employer Portal before making payment by opening the Remittance tab, downloading the CSV template, entering the required employee and repayment details, and uploading it for processing.

📌 What You Need to Know

After that, employers must verify and confirm the submitted details before generating an electronic payment slip, with the system automatically rejecting employees whose HELB loan accounts have already been cleared.

HELB emphasised that payment should be made using the exact amount shown on the generated e-slip to complete the remittance process successfully.

Employers who are not yet registered on the HELB Employer Portal have been directed to create accounts and complete the registration process.

New users can search for their organisation by entering part of its name and, where it is not listed, use the registration option provided on the portal to add it.

Once registered, employers can access their dashboard, view employer details and remittance history, manage employee records, and obtain a compliance certificate after successful verification of their staff information.

HELB reminded newly registered employers recruiting staff who have HELB loans that their obligations include notifying the board and ensuring the applicable deductions are made from their salary, wages, or other remuneration on time.

📰 Source: Kenyans.co.ke