EMPLOYEES PROVIDENT FUND (“EPF”) WITHDRAWAL PROCEDURE
REQUIREMENT
- You must be a member of EPF
ENTITLEMENT
- You are entitled to withdraw not more than 30% of your overall EPF account or 100% of balance available in your EPF account II.
PROCEDURE
You are required to submit the following documents to EPF for withdrawal application:
- EPF withdrawal form
- Original copy of Sale and Purchase Agreement
- Photocopy of identity card
- A copy of the letter of loan approval from end-financier
MODE OF PAYMENT
- The payment will be released directly to the member within one month from date of application submission. For more information, please refer to EPF website at www.kwsp.gov.my.
CHECKLIST FOR HOUSING/PROPERTY LOAN/FINANCING APPLICATION
For Employee
- Photocopy of your Identity Card/Passport
- Photocopies of your latest three (3) months’ salary slips
- Photocopies of your latest income tax return (J Form) or EA form
- Sale and purchase agreement/deposit or booking receipt/letter of offer from the housing developer
- Photocopy of the land title (if any)
- Valuation report for completed houses/properties
For Self-employed
- All the documents stated above (except for salary slip) and the following:
- Business registration document
- Latest three (3) months’ bank statements
- Latest financial statements