Can I withdraw my EPF to pay house loan?

Withdrawal limits Money from EPF Account 2 can be used to pay the price difference between the SPA house price and the housing loan amount, up to an additional 10% on the price of the house. So if a full housing loan (100%) is obtained, the maximum that can be withdrawn is up to 10% of the price of the house.

Can I withdraw EPF to buy second house?

The money you have in your EPF is divided into two. Account 1 is meant for your retirement, but you can use Account 2 for the purposes of funding your home. Your Account 2 money can be withdrawn to: Purchase/build first (or second house; provided that the first house has been sold or disposed) house.

How much can I withdraw from EPF for house renovation?

Amount eligible to withdraw 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.

Where can I download Kwsp form?

Employers can download the e-Caruman app from the Play Store (Android) and App Store (iOS). What is e-Caruman? e-Caruman is a facility which allows employers to remit monthly contributions together with their employees’ particulars (Form A) online through employers’ i-Akaun at

Which documents are required for EPF withdrawal?

Documents Required for EPF Withdrawal Online EPFO stipulates that individuals should possess vital documents before applying online for EPF withdrawal. Employees should arrange 2 revenue stamps, a valid bank account statement, Aadhaar Card, PAN Card, Voter ID Card and a cancelled blank cheque.

What age can withdraw EPF?

You have the option to withdraw EPF savings at age 50 or 55 (either partially or fully), or at age 60, when you can then withdraw any amount at any time. EPF Withdrawals for Housing: When you reach a certain age, owning your own home will be high on your list of things to do.

How much PF can be withdrawn from home purchase?

As per the newly added Para 68-BD in the EPF Scheme, 1952, EPF members can apply for a withdrawal of up to 90% of the accumulated corpus for either making the down payment of the house or for the payment of EMIs or for the construction of a new house.

How do I create a Kwsp form?

How to generate KWSP Borang A Form/TXT/CSV file using Deskera People?

  1. EPF Account – Select the EPF account from drop down list.
  2. Year- Select the year from drop-down menu for which you need to down load the form.
  3. Month – Select the month from drop-down menu for which you need to down load the form.

How do I submit a Kwsp form?

Go to to access your employer i-Akaun.

  1. Use the employer EPF number as your User ID and your password to login.
  2. On the left side select “Contribution Payment”, and then “Submit Contributions”.
  3. You will need to select the correct contribution month.