  We propose a new inverse seesaw model based on hidden local $U(1)$ symmetry
framework where inverse seesaw mechanism is induced at one loop level. A
Majorana mass term of singlet fermion is forbidden by the $U(1)$ symmetry and
it is generated at one-loop level by introducing relevant particle contents to
get loop diagram, inducing inverse seesaw mechanism. The same particle contents
also contribute to lepton magnetic(electric) dipole moment and lepton flavor
violating decays without chiral suppression. We can then obtain sizable muon
anomalous magnetic dipole moment that accommodate with deviation from the
standard model prediction. The constraints from lepton flavor violating decays
and electron magnetic(electric) dipole moment are also discussed to explore
testability of the model.
