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KWSP Acc 2 for House Loan installment
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vez
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Mar 10 2025, 09:41 AM
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QUOTE(erdingerbier @ Mar 10 2025, 09:32 AM) Hi, I would like to inquiry about KWSP Acc 2 for House Loan installment, or Reducing House Loan. Regarding to the House Loan document that need to be submitted, is it the whole copy of the Deed of Assignment only, or other type of document that has given by bank ?  worth? with recent years the EFP dividend % if taking out EPF for buying house DP or renovation due to short of cash flow, then understandable, but taking out to reduce house loan, is your housing loan interest higher than 5%? (why not refinance if high interest?)
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ctys2012
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Mar 10 2025, 10:43 AM
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Getting Started

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according to website you only need the housing loan balance statement https://www.kwsp.gov.my/en/member/house-wit...ce-housing-loan
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faiz293
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Mar 10 2025, 11:08 AM
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Did this last year. Reduce principal.
Bank document, bank sent to them. I remember only need to bring copy of ic. Once approved, they'll let u know what docs to bring.
Its surprisingly easy process.
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TSerdingerbier
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Mar 10 2025, 03:57 PM
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Getting Started

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QUOTE(vez @ Mar 10 2025, 09:41 AM)  worth? with recent years the EFP dividend % if taking out EPF for buying house DP or renovation due to short of cash flow, then understandable, but taking out to reduce house loan, is your housing loan interest higher than 5%? (why not refinance if high interest?) Ya, actually the withdrawal is for house renovation purpose, which is the correct option to withdraw acc 2 funds to personal saving account ?
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