EPF Withdrawal Procedure
Requirement
You must be a member of EPF.
Entitlement
Your entitlement would be 30% of balance available in Purchaser’s EPF Account II or the difference between the purchase price and loan amount (whichever is lower).
Procedure
- Submission of EPF Widthdrawal Form together with the original copy of the Sales & Purchase Agreement
- Photocopy of your IC
- Acopy of the letter of loan approval from your end-financier
Note: The original Sales & Purchase Agreement, Letter of Loan Approval from your end-financier and your original IC have to be sighted by the EPF officials.
Mode of Payment
The payment will be released directly to the member within a period of 3 to 4 weekds from date of submission.
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