Epf Withdrawal For Housing Loan Settlement

However there certain procedures and criteria that one is required to carefully follow.

Epf withdrawal for housing loan settlement. The full list of t cs plus the necessary supporting documents can be found at kwsp 9c ahl d8 withdrawal form of kwsp s website. 2 buying a home as an individual you may withdraw the difference between the price of the home and the loan amount plus 10 of the home purchase price or all the money in account 2 whichever is lower and not less than rm500. Hi all can anyone advice me is the bank given rights to charge the customer for issue letter abt the outstanding balance of the housing loan for epf withdrawal purposes. The commissioner issues a certificate specifying the monthly contribution of the last 3 months.

Withdrawal to pay down housing loan monthly installment. This scheme is an addition to the above scheme withdrawal to reduce redeem housing loan and allows you to set up a standing instruction for money from account 2 to be directly paid to the bank or. Follow these simple steps to utilize your epf for repaying your home loan as per the updated epf withdrawal rules a pf member can apply for the loan through the housing society to the epf commissioner in the format prescribed in annexure 1. The maximum you may withdraw under a zero down home loan is 10 of the home price to help pay for entry costs and other fees.