HOUSING LOAN MONTHLY INSTALMENT
With one simple withdrawal
(with PR status or registered as EPF Member before 1 Aug 1998)
*Residential Home - bungalow/terrace/semi-detached/apartment/condominium/studio apartment/service apartment/townhouse/SOHO) or a shop lot with a residential unit in Malaysia
**Certified financial institutions under the Financial Services Act 2013 or Islamic Financing 2013; Central/State Government or any other government financing institutions; member's employer; Licensed Cooperative/Cooperative bodies (approved by SKM); Insurance Companies licensed by Bank Negara; or other EPF recognised loan providers.
INDIVIDUAL WITHDRAWAL | JOINT WITHDRAWAL |
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Total housing loan balance OR Entire savings in Account 2 |
Total housing loan balance OR Applicant’s entire savings in Account 2 |
Whichever is lower but subject to a minimum monthly payment of RM100 for a period of six months* |
*The maximum monthly payment amount to you and the joint applicant (if any) should not exceed the total monthly loan instalment.
*Applies to first and subsequent withdrawals, with or without re-financing. In the case of multiple re-financing, you are required to produce all Loan Approval and Debt Redemption letters from the previous financier.
You can cancel the monthly payments after one (1) year from the date of withdrawal. All you have to do is fill up the Withdrawal Cancellation Application Form WDW004. Upon cancellation, you can submit a new application to restructure the amount or duration of your monthly payment according to the remaining balance in your Account 2 not exceeding the existing housing loan balance.
Direct Credit | Bankers Cheque |
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Monthly payment in Ringgit Malaysia (RM) will be credited to your savings/current account If you hold an active account with our panel bank and your identification number matches the bank records You will be issued a Bankers Cheque If payment to your account is unsuccessful |
Monthly payment will be made via Bankers Cheque to the financial provider’s address as stated in your Housing Loan Balance Statement If your loan is a non-performing loan (NPL) |
(complete with name, designation and official stamp except for copies of documents which require certification by an EPF officer)
AUTHORISED PERSONSDOWNLOAD HOME LOAN MONTHLY INSTALMENT BROCHURE
Locked Bag No. 220
Jalan Sultan
46720 Petaling Jaya,
Selangor, Malaysia
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