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					Withdrawal to Purchase a House
PURPOSE


     •    This withdrawal allows you to utilize your savings from Account 2 to partially finance your purchase
          of a house individually OR jointly with your spouse or close family members namely parents or
          siblings.
     •    Buying of a house with another individual who has no kinship is allowed provided that the other
          individual is a buyer and borrower.
     •    This withdrawal allows you to buy a house from a developer or an individual or through a public
          auction.
     •    EPF Withdrawal to purchase a second house is allowed after the first house purchased utilizing
          EPF has been sold or disposal of ownership of property has taken place. Disposal of ownership
          refers to 'loss of ownership of the first house owned by you either due to auction, surrender of
          property by court order, transfer of ownership because of love and affection, destruction of house
          due to natural disaster, abandoned housing project or cancellation of purchase'.

APPLICATION ELIGIBILITY


     •    (i) A Malaysian Citizen; OR

          (ii) A Malaysian Citizen who has made Leaving The Country Withdrawal before 1 August 1995 and
          has opted to re-contribute to the EPF; OR

          (iii) A Non-Malaysian Citizen who:


               o   Has became an EPF before 1 August 1998, OR
               o   Has obtained a Permanent Resident (PR) status.
     •    You have not reached the age 55 at the time the EPF receives your application; AND
     •    You have a minimum savings balance of RM500.00 in your Account 2.



Amount Eligible to Withdraw

Housing-related withdrawals are available for members for who are Malaysian citizens or holder of Permanent
residence status. Expatriate members, who became a member of the EPF before 1 August 1998, are also
eligible.

Also eligible are Malaysian citizens who have withdrawn their savings under the Leaving the Country
Withdrawal scheme before 1 August 1995, but subsequently elected to re-contribute to EPF.

In addition, you must have remaining balance in Account II to be eligible to apply. Another pre-condition is that
you have not reach 55 years of age at the time your application is received.

Specifically for withdrawals to reduce housing loans, you must have at least RM500 balance in your Account
II.

For withdrawals to buy or build a house, there are other conditions that must be met before you become
eligible. These conditions are related to the type of houses you are buying or building, as well as the source of
financing you obtained for that purpose.



List Of Documents Required

1. Form KWSP 9C (AHL). Please clik the link to download the form.

2. Malaysian Identification Card (MyKad)/ Military Identification Card/Permanent Resident Identification Card
(MyPR).
OR
Police Identification Card affixed with your right and left thumbprints on its copy and a letter from your
employer confirming that your police number and Identification Card number refer to the same person.
OR
Passport if you are a Non-Malaysian citizen who has become an EPF member before August 1998.

3 Your Personal Savings Account Passbook / Statement OR the original copy of Personal Current Account
Statement OR Individual Joint Account (for withdrawal exceeding RM100,000.00):
     •    The bank account must be active.


     •    The bank account must be with a Panel Bank approved by the EPF.

4 Sale & Purchase Agreement (purchase from developer) OR Proclamation of Sale from Administrator / Court
(public auction purchase) which contains the name of the member or names of all members (for joint
purchase) and the date of execution does not exceed 3 years on the date the withdrawl application is
received.

5 If a housing loan is involved, the following documents will have to be produced:


     •    Housing Loan Approval Letter (if the loan approval is less than one (1) year from the date the
          withdrawal application is received); OR
     •    Housing Loan Approval Letter and Housing Loan Agreement/ Mortgage Form 16A (if the housing
          loan approval has exceeded one year from the date the withdrawal application is received).

6 Proof of relationship (for joint purchase involving spouse or next of kin namely parents or siblings. For joint
purchase involving next of kin, the member is required to submit an explanation letter stating the reason for
the joint purchase.




If it is a cash purchase, the following additional documents must be produced:

1. A confirmation letter from the developer stating that purchase is by cash; AND

2. Proof of payments of at least 20% of the price of the house; AND

3. Architect’s Certificate to confirm progress of construction is not less than 20%.




Modes Of Payment
A. Payment in Malaysia


     •    Payment is via direct crediting into your bank account subject to the following conditions:

a. Your bank account is still active; AND

b. Your bank account is with a panel bank appointed by the EPF; AND

c. Your bank account is a Personal Savings/Current Bank Account OR a Joint Bank Account (for withdrawal
amount more than RM100,000 only).

d. Your personal indentification number matches with the bank’s record.

e. Payment is in Ringgit Malaysia (RM).


     •    If EPF is unable to credit the payment into your bank account, due to causes such as bank account
          is not active or your personal identification number does not match with the bank’s record, you will
          be paid by banker’s cheque.

Important Notice
Amount Withdrawn Not To Be Utilized For Other Purposes

An amount withdrawn shall be utilized solely for the purpose for which the withdrawal was authorized. Where
all of the amount withdrawn or any part of the amount is not utilized for the purpose for which such withdrawal
was authorized, the member shall return all the amount or the part which is not utilized to the EPF within six
months from the date of withdrawal. Any member who contravenes this requirement shall be guilty of an
offence.
Submission Of False Application

Any application received and found to contain false information or forged documents will be deemed to have
committed an offence under Section 59 of the EPF Act and if found guilty shall be liable to imprisonment for a
term not exceeding three years or to a fine not exceeding ten thousand ringgit or to both.


Please click to read about Offences and Proceedings.
Enquiry
Should you have any enquiry, or require additional information regarding this withdrawal, kindly contact:

· Any EPF Office nearest to you;

· The EPF Call Management Centre (CMC) at: 03-8922 6000


· Email: enquiry@epf.gov.my



Please quote your EPF membership number or your Identity Card number and the type of withdrawal that you
have applied for when you contact the EPF. You are encouraged to contact the EPF directly for assistance
and advice. You may also visit the EPF website at www.kwsp.gov.my for more information regarding
all available EPF withdrawals and general guide to members.

				
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