EPF: Members may tap into Account 2 for loans via advance application for Age 50 or 55 Conditional Withdrawal

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EPF: Members may tap into Account 2 for loans via advance application for Age 50 or 55 Conditional Withdrawal
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KUALA LUMPUR, April 3 — The Employees Provident Fund (EPF) today said its members may use savings in EPF Account 2 to apply for personal financing from banking...

KUALA LUMPUR, April 3 — The Employees Provident Fund today said its members may use savings in EPF Account 2 to apply for personal financing from banking institutions.

“Requests will be open for the period of one year from an implementation date that will be announced in due course,” it added. The withdrawn amount will be paid to the banking institution once the member has reached either 50 or 55 years of age, as decided by the member.

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