KUALA LUMPUR: A total of 74,392 contributors have applied for the Employees Provident Fund (EPF) Account 2 Support Facility (FSA2) as of Friday (April 14) since it opened on April 7.
In a statement on Saturday , its chief executive officer Datuk Seri Amir Hamzah Azizan said they expect the number of applications for FSA2 to continue to rise, especially now that Bank Simpanan Nasional has launched its BSN MyRinggit Insan-i."We believe it will help members with temporary liquidity issues to obtain cash flow through personal financing without causing serious impact to their retirement savings.
"We want to clarify that this facility is targeted towards EPF members who have savings in Account 2 and are supported by a reasonable income. "It is essential to note that the monthly repayments are necessary to ensure that the loan is repaid on time,” he said.
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