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 Renovate Home with EPF

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aaronpang
post May 6 2008, 09:50 AM

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From: Kuala Lumpur
Is your home newly purchased or not?

If YES it's newly purchased on loan:-

If it's newly purchased house on loan, you can withdraw the downpayment amount to settle your loan but you're free to do whatever it is you want.

EPF won't directly credit monies to the bank.

If you're still settling the loan amount contact EPF about withdrawing a sum from your monthly EPF contribution to settle your home loan.

If NO existing house no loan:-

You're out of luck EPF is not a viable option.

This post has been edited by aaronpang: May 6 2008, 09:51 AM

 

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