FAQ : EPF Withdrawal to Purchase a House

Posted on 3:28 PM | By Smart Wealth Advisory | In


  1. What are the requirements for Withdrawal To Purchase A House? Members must be:
    - Malaysian citizens; OR
    - Non-Malaysian citizens who have obtained Permanent Resident (PR) status; OR
    - Malaysian Citizens who have made Leaving The Country Withdrawal before 1 August 1995 and have opted to re-contribute to the EPF; OR
    - Non-Malaysian citizens who have became members before 1 August 1998;
  2. What is the amount entitlement under Withdrawal To Purchase A House?
    Members can withdraw their savings according to the following, whichever is lower;
    a) Individual Purchase – The difference between the house price and the loan amount plus an additional 10% of the house price; OR
    All the savings in the applicants’ Account 2 subject to maximum amount eligible for withdrawal (whichever is lower)

    b) Joint Purchase With Spouse, Family Member or Other Individuals
    c) For housing loan of 100% - 10% from the cost of building the house; OR All savings in Account 2 (whichever is lower)

    d) Cash purchase – house price with an additional 10% from the cost of building the house; OR All savings in Account 2 (whichever is lower)

  3. How is the payment made?
    The payment for withdrawal will be credited directly to the bank account with the following conditions:
    - Members own a bank account with the EPF elected panel banks.
    - Members’ bank accounts are still active, and
    - Members’ bank accounts types are individual savings/current accounts OR Individual Joint Account for withdrawal amount of more than RM100,000.00
  4. How do I submit the applications?
    Applications can be submitted at any EPF Offices nearby, either at the counters or by post.

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