News

EPF Special Withdrawal, Some Simple Explanation To Know

The EPF Special Withdrawal has been the main focus for many people recently. Due to that issue, the Employees Provident Fund (EPF) has provided some brief information about it to contributors. Here is what to know about it.

The public needs to check a few important things first in order to launch the application process. First and foremost, this special withdrawal is open to all EPF members under 55 years of age. Other than that, the minimum withdrawal amount for this special withdrawal is RM50. The total amount can go up to RM10,000. Think wisely before doing it.

This is very important to know, the total saving in the account should be at least RM150. Next, the withdrawal would be in a single payment starting from the 20th of April 2022. Unfortunately, it is not allowed for cancellation of the application or even changing the amount.

The highest priority is for this special withdrawal payment. The other types of payments would be right after that.

Do This To Ease The Process Of Special Withdrawal Payment

  1. Register the latest phone number with EPF.
  2. Check out the balance for EPF savings.
  3. The bank account number is active.
  4. Account in the member’s own name.

Sources: Facebook EPF, Siakap Keli English.

Adib Mohd

Recent Posts

Toshiba Turns 95 with a Giant Fridge, Big Vibes & A Spot in the Malaysia Book of Records

Who says anniversaries are just cake and candles? For Toshiba’s 95th Anniversary Dealer Convention, it… Read More

2 days ago

Resorts World Sentosa’s Singapore Oceanarium Introduces New Experiences As Ticket Sales Go Live

Resorts World Sentosa (RWS, 圣淘沙名胜世界) has announced that ticket sales have launched for Singapore Oceanarium… Read More

2 days ago

Barista Brews at Prices You Won’t Believe Exist

Think handcrafted coffee always comes with a hefty price tag? Think again. Across Malaysia, cafés… Read More

2 days ago

POCO Introduces POCO F7: Where Futuristic Design Meets Exceptional Power

POCO, a leading technology brand among young tech enthusiasts, today unveiled POCO F7, setting a… Read More

2 days ago

Proton Owners Hit the Road for Wellness: AG Autoworld x Herbal Farmer Flag Off First-Ever Fun Drive in Johor

What do you get when you mix wellness, good vibes, and 30 Proton cars? A… Read More

2 days ago

OMSMC Earns Spot in Newsweek’s Global Hospital Rating 2025

Oriental Melaka Straits Medical Centre (OMSMC) has been listed in Newsweek’s Global Hospital Rating 2025,… Read More

2 days ago

This website uses cookies.