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 EPF Withdrawal for Buy / Build House only 10%, of the total account 1 + 2

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TSsonypshomer
post Sep 19 2017, 03:11 PM, updated 9y ago

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Can anyone shed some light

I thought we can withdraw the whole amount in 2nd account.


TSsonypshomer
post Sep 19 2017, 04:05 PM

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QUOTE(jetwash @ Sep 19 2017, 03:34 PM)
Salah faham ni.

The pdf attached above is correct lah.

Anyway no way you can take away money from Account 1, it's always Account 2 and Account 2 only.
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The money will be withdrawn from account 2 for sure, but if i take percentage from account 2 it will be 30% which i dunno where this percentage comes from too.

And that article clearly said the eligible amount is ALL from account 2, but in actual they only give me 30% of acc 2 or 10% from the overall account 1+2.




TSsonypshomer
post Sep 19 2017, 06:18 PM

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QUOTE(nawaler @ Sep 19 2017, 06:05 PM)
Whichever is lower..

If the whole amount in your 2nd account lower than 20% of your Purchase Price, so you get all.. remember u get 20% if your MOF is 90%, but if your MOF 100% you entitle to 10% only..
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where does this stated?
TSsonypshomer
post Sep 19 2017, 06:44 PM

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QUOTE(nawaler @ Sep 19 2017, 06:24 PM)
"Amaun Yang Layak Dikeluarkan (Megikut MANA YANG LEBIH RENDAH tidak kurang RM500.00)"

That line written above the table in the EPF Brochure here

http://www.kwsp.gov.my/portal/documents/10...BM_07022017.pdf
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I still blur, why there are different set of eligibility when on their other page they mentioned can withdraw all from account 2

 

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