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Financial KWSP withdraw for housing renovation, Is it possible?

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M2K2Land
post Apr 15 2012, 12:48 AM

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For me I using account 2 for paying my monthly installment so I can save the money and do renovation after 1 years.
M2K2Land
post Apr 15 2012, 01:28 AM

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QUOTE(Jenn77 @ Apr 15 2012, 12:57 AM)
Does EPF bank into your loan account in 1 lump sump figure or based on your monthly repayment amount according to whatever amount you have in your account 2?
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You can specific, Example your housing loan amount is 1000, but you can get your EPF account 2 for RM1000 (any amount, specific at the T&C) for 1 years to your bank. So it will deduct 12000 into your account 2 to and bank in for you in monthly for 1 years.

Like this you can save the 12000 for your renovation. This is how I do but it take some times to accumulate.

 

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