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Financial how long is the kwsp withdrawal

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brutalsoul
post May 10 2013, 01:09 PM

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QUOTE(peri peri @ May 10 2013, 09:51 AM)
u going PR or 55 old man?
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govt staff choose pensiom. how long to take close the acct n get the $$
dRwh0
post May 10 2013, 07:50 PM

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QUOTE(brutalsoul @ May 10 2013, 01:09 PM)
govt staff choose pensiom. how long to take close the acct n get the $$
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Got mine in 3 days..
brutalsoul
post May 10 2013, 08:15 PM

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QUOTE(dRwh0 @ May 10 2013, 07:50 PM)
Got mine in 3 days..
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may I ask roughly can get back how many %?
dRwh0
post May 10 2013, 10:09 PM

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QUOTE(brutalsoul @ May 10 2013, 08:15 PM)
may I ask roughly can get back how many %?
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10% of snp purchased price + 10% if not mistaken..subject to amount in your account 2..u can withdraw whole amount in acc 2 if the 10+10 exceed ur acc 2..
kidmad
post May 11 2013, 01:02 AM

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got mine in 5 days. end of 2011
mango27
post May 11 2013, 02:18 AM

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QUOTE(peri peri @ May 10 2013, 09:51 AM)
of course, the valid period for ur 1st house purchase is 3 years for withdrawal
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3 years after SNP? I thought its only 2? I asked the info counter the guy told me 2 years... guess i need to go reconfirm then...
mytaffeta
post May 11 2013, 10:44 PM

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QUOTE(mango27 @ May 11 2013, 02:18 AM)
3 years after SNP? I thought its only 2? I asked the info counter the guy told me 2 years... guess i need to go reconfirm then...
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confirmed WITHIN 3 years after SNP..

'Ahli telah menandatangani Surat Perjanjian Jual Beli tidak melebihi tiga (3) tahun pada tarikh permohonan diterima oleh KWSP.'

zenwell
post May 12 2013, 01:54 AM

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I've visited epf website to read more on this withdrawal. It says that there's 2 mode of payment. One is to your housing loan acct and second option is bankers cheque issue to your financier. I read earlier post, most of you mentioned that it is banked into your personal acct. has the rule changed recently?
potatoes
post May 12 2013, 09:05 AM

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For 1st timer, it is credited into your personal bank account. I did mine 6 months ago, get the money in 2 weeks plus. Quite fast I would say.
nitha_2013
post May 14 2013, 11:50 AM

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QUOTE(onlinefever @ Jan 14 2009, 10:15 AM)
if let say the s&p is joint name, but loan only one person name, can both still withdraw from epf ?
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need urgent comment on this. so confused sad.gif

This post has been edited by nitha_2013: May 14 2013, 11:50 AM
Rafael2011
post May 27 2013, 03:40 PM

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hi there, i applied and submitted all the relevant doc to branch on 16mei2013, and the status showed "LULUS" on 23Mei2013, but until up to date haven't receive the money, is it normal case?
WayneLee828
post May 27 2013, 04:53 PM

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QUOTE(nitha_2013 @ May 14 2013, 11:50 AM)
need urgent comment on this. so confused sad.gif
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Both can withdraw if

1. Married couple must provide mariage cert
2. Siblings must provide birth cert

If non of the above, only the loan applicant may withdraw.
Deathscythe@@
post May 27 2013, 04:54 PM

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possible to use kwsp second account to pay the loan and after that 1 or 2 years sell back? "indirectly get the 2nd account withdrawal as cash? =) please advise
kochin
post May 27 2013, 05:10 PM

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QUOTE(Deathscythe@@ @ May 27 2013, 04:54 PM)
possible to use kwsp second account to pay the loan and after that 1 or 2 years sell back? "indirectly get the 2nd account withdrawal as cash? =) please advise
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yes!
WayneLee828
post May 27 2013, 05:20 PM

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QUOTE(Rafael2011 @ May 27 2013, 03:40 PM)
hi there, i applied and submitted all the relevant doc to branch on 16mei2013, and the status showed "LULUS" on 23Mei2013, but until up to date haven't receive the money, is it normal case?
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14 working days is the norm, if more than 14 days, you should call their service line, the operator can check for you on the status.
greeny88
post Jul 16 2013, 12:40 PM

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All bros... need urgent help.

Two years ago, I've withdrew money from my Account 2 for my newly-purchased for the deposit payment.

FYI, I got 60% loan from bank.

Now the property is chasing me the last payment of the remaining 40%, can I withdraw again from Account 2 for this last payment to the developer, before I start the installment to bank monthly (for the 60%)?

Pls advise urgently....

Thanks in advance !!!
chongelicia
post Aug 12 2013, 04:22 PM

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Hi,
Want to ask you on the epf withdraw.
the house is joint name between my husband and myself.
We signed the S&P less than 3 years (already staying in the house). and want to do first time withdraw, cash directly to my banking account.

Actually we need the money for reno, but we cannot tell directly right.
so which application i falls under? there are many categories..

http://www.kwsp.gov.my/portal/en/web/kwsp/...-of-withdrawals

should i tell them, under "withdrawal for purchase new house"?

What if afterward they check, i dint buy 2nd house? will they ask?

can both of us take all the money from account 2?


Appreciate your advise...
chewket
post Aug 12 2013, 04:54 PM

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when i bought first house at last 3 years, i did withdraw account 2 money ,now i bough second house again at last year. can i withdraw account 2 money again ?

please advice smile.gif
lkwah86
post Jan 15 2016, 01:33 PM

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11/1 applied
13/1 approved
15/1 payment
hondaracer
post Jan 16 2016, 09:56 AM

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Today EPF is very fast... 5 days.

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