Last updated : 8/7/20 9:48 AM     

Beware Of Loan Offers Using EPF Account



The Employees Provident Fund (EPF) has identified several advertisements through social media that offers personal loans using EPF savings as collateral.

This offer not only allows third parties to take advantage of member’s savings but it may also affect member's future savings.

Members are urged to be cautious and avoid being misled by dubious offers that will affect members’ EPF savings.