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 EPF withdrawal for housing

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Kyotoarm
post Jan 21 2020, 09:26 AM

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171 posts

Joined: Feb 2018


QUOTE(NV20 @ Jan 17 2020, 11:36 AM)
Can I still withdraw account 2 to Reduce/Redeem Housing Loan for my second house with the following condition?

1) Withdraw Account 2 before for my first house to Reduce/Redeem Housing Loan
2) First house is still not sold yet
*
Can not.
Kyotoarm
post Jan 28 2020, 10:36 AM

Getting Started
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Junior Member
171 posts

Joined: Feb 2018


QUOTE(NV20 @ Jan 21 2020, 10:08 AM)
What if the first house loan already paid off, possible to withdraw account 2 to reduce housing loan for second house?
*
Sir, you need to dispose your first property. If you just finish paid your house, it does not count as a disposal of property. The purpose of EPF is retirement savings, not for an investment tools.


 

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