Example of Individual Construction of a House
Encik Azman constructed a house costing RM75,000.00 and obtained a housing loan of RM60,000.00. His total EPF savings in his Account II is RM18,000.00. Therefore, the amount of savings that he can withdraw is:

Details	Amount (RM)
Construction Cost of The House	75,000.00
Housing Loan	60,000.00
Difference Between Construction Cost and Housing Loan	15,000.00
Additional 10% of The Construction Cost	7,500.00
Maximum Amount Eligible For Withdrawal	22,500.00
Available Balance in Account II	18,000.00
The Amount That Can Be Withdrawn	18,000.00

Since Encik Azman has only RM18,000.00 in his Account II, which is lower than the maximum amount eligible for withdrawal i.e. RM22,500.00, Encik Azman can withdraw the full amount of his savings in Account II which is RM18,000.00.

Example of Individual Construction of House by Cash
Encik Amirul constructed a house costing RM125,000.00. He did not take any housing loan to finance the house construction. He has paid RM35,000.00 to the contractor. His total savings in Account II is RM140,000.00.

Details	Amount (RM)
Construction Cost of The House	125,000.00
Housing Loan	NIL
Difference Between Construction Cost and Housing Loan	125,000.00
Additional 10% of The Construction Cost	12,500.00
Maximum Amount Eligible For Withdrawal	137,500.00
Available Balance in Account II	140,000.00
The Amount That Can Be Withdrawn	137,500.00

En Amirul can only withdraw RM 137,500.00 since the maximum amount eligible for withdrawal is lower than his total savings in Account II.

Example Joint Construction of a House
Encik Daud purchased a piece of land on 1.1.2004 with the price of RM50,000.00 and obtained a full housing loan (100%) for the purchase. Subsequently, on 1.1.2005 he constructed a house on the said land together with his wife, Puan Latifah, which cost them RM100,000.00. They obtained a full housing loan for the construction of the house.

Encik Daud has RM14,000.00 in his Account II while Puan Latifah has RM7,600.00 only.

Details	Amount (RM)
Purchase Price of The Land	50,000.00
Construction Cost of The House	100,000.00
Total Price of The Land and Construction Cost of The House	150,000.00
Total Housing Loan To Purchase The Land and To Build The House	150,000.00
Difference Between The Price of The Land and Construction Cost with The Total Housing Loan	NIL
Additional 10% of The Total Price of The Land and Construction Cost of The House	15,000.00
Maximum Amount Eligible For Withdrawal	15,000.00
Available Balance in Account II for Encik Daud	14,000.00
Available Balancein Account II for Puan Latifah	7,600.00
The Amount Chosen To Be Withdrawn By Encik Daud	9,000.00
The Amount That Can Be Withdrawn By Puan Latifah	6,000.00
Total Amount That Can Be Withdrawn By The Couple	15,000.00

Since both members obtained 100% housing loan, the maximum amount that can be withdrawn by this couple is only 10% of the total price of the land and the construction cost, i.e. RM15,000.00 to cover for side cost.

Applications will be processed based on the amount chosen respectively by completing the "Surat Akujanji Pilihan Amaun Pengeluaran".