Friday, 15 June 2012

Purchase a house under EPF / KWSP withdrawal scheme

This scheme allows members to withdraw from their account II to purchase or build a house or shop house with a dwelling unit.

Amount eligible to withdraw
Members can withdraw their savings under this scheme as below, whichever is lower:
The difference between the price of the house and the housing loan with an additional 10% of the house, or  The balance amount in account II.

To apply, applicants are required to submit the KWSP 9C (AHL) form together with the necessary supporting documents.

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