i am looking to withdraw money from epf2 for payment of housing loan.

from EPF website, i saw
1) https://www.kwsp.gov.my/member/withdrawals/...ng-loan#1stHome -> withdrawal for full amount of epf2 and pay directly to housing loan account -> for reducing housing loan amount

2) https://www.kwsp.gov.my/member/withdrawals/...hly-installment ->withdrawal for full amount of epf2 and pay directly to housing loan account -> for monthly pay installment

I prefer option 1 but I would prefer money go to my personal account. Reason as I am not sure of job security so I need extra cash to cover installment and living expenses. The problem is the money goes to housing loan account so I cannot take out the money from it for other purposes except for housing loan , right?

I heard some ppl can take out EPF2 cash straight to personal account. How can I do that?

Yala..take out straight go personal.
Spend finish..wahaha

nola.. times like this, desperate for cash.. before anything happens, rather i keep cash.. i dont want to spoilt my CCRIS

But they credit to my maybank...
While my house loan is hong leong....
I need manually transfer the fund hong leong...

u applied through which link? thx

Direct from epf website...
At first also think the money will direct go into Hong Leong,
But who know they debut into my Maybank....

have you done it?
I'm waiting KWSP to re-open for business then will check with them. I also wanted to credit to my personal acc for renovation use...

i am also waiting for epf office to open.

Anyone knows is Kwsp open already since 4May?

epf only allowed withdrawal for health issue and age above 50...

they also allow for withdraw for education loan , property loan ....

Hmm. Never knew this could be done.

yes but right now due to covid 19, they limit their over the counter service...

IIRC, you can apply for the first withdrawal for home purchase to be credited to your personal account. Subsequent withdrawals will go straight to your home loan account.