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 Question about EPF 2 account withdrawal, for house loan

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TSwhatizlife
post Apr 27 2025, 08:32 PM, updated 7 months ago

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Hi purchased my property and withdrew using "buy/build house" option 2 years ago

now i want to withdraw to my personal saving acc. which 1 should i choose?


user posted image

This post has been edited by whatizlife: Apr 27 2025, 09:47 PM
kandang rimaunya
post Apr 27 2025, 09:37 PM

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QUOTE(whatizlife @ Apr 27 2025, 08:32 PM)
Hi purchased my property and withdrew using "buy/build house" option  2 years ago

now i want to withdraw to my personal saving acc for renovation purpose. which 1 should i choose?
user posted image
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neither, there's no such thing for renovation.
TSwhatizlife
post Apr 27 2025, 09:46 PM

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QUOTE(kandang rimaunya @ Apr 27 2025, 09:37 PM)
neither, there's no such thing for renovation.
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hi yes i know no such option for renovation, but i just want to withdraw it out and transfer to my savings acc, with these 2 option , which 1 allow me to withdraw out to my saving account?
empstar2
post Apr 27 2025, 09:53 PM

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Houseing load monthly installment
Re-draw to your acc and only then u pay your house loan.
( pay monthly $$$ follow your monthly housing installement )
( i think u looking for this )

Reduce/Redeem housing loan
Pay direct to your loan and reduce your prinsiple.
No take out , just direct to your house loan acc prinsiple.
TSwhatizlife
post Apr 27 2025, 09:58 PM

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QUOTE(empstar2 @ Apr 27 2025, 09:53 PM)
Houseing load monthly installment
Re-draw to your acc and only then u pay your house loan.
( pay monthly $$$  follow your monthly housing installement )
( i think u looking for this )

Reduce/Redeem housing loan
Pay direct to your loan and reduce your prinsiple.
No take out , just direct to your house loan acc prinsiple.
*
yes, thanks i am looking to withdraw to my saving acc instead to the loan account.

so now i am clear . "Housing Loan Monthly installment" will be the 1 that send to my saving account.

This post has been edited by whatizlife: Apr 27 2025, 09:58 PM
empstar2
post Apr 27 2025, 10:00 PM

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Both also i take out before so i know , haha...

 

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