EPF Withdrawals

Details on Malaysia’s EPF (KWSP) Account 1 VS Account 2 withdrawals. The 15 different categories of withdrawals have been divided into Account 1 only, Account 2 only & both accounts withdrawals. Information is for general reference only & is an unofficial summary based on EPF’s official website. Additional forms, documents required & details may not be listed.

Updated: Dec 13, 2017



EPF Account 1 Members’ Savings Investment Withdrawal (EPF-MIS)

  • Effective 2017 Jan 1 with higher minimum Basic Savings amount (Previous minimum Basic Savings)
  • EPF approved investment funds only
  • Min 3 months from last investment date
  • On funds sold, amount returns to your EPF Account 1
  • Min 1000 per investment
  • Max 30% of amount in excess of Basic Savings (Min balance)
    [Formula: Account 1 Ttl – Basic Savings * 20%]
    E.g. Age 30 | Account 1 Ttl: 60k
    Max invest: 60k – 29k  * 30% = 9.3k

New EPF Minimum Basic Savings effective 2017 Jan 1


Withdrawal to Purchase / Build a House

  • Individual /Joint (immediate family OR no relationship) / Help Spouse
  • Age < 55
  • Buy / Build Residential (Note: Shop lot with residential unit qualifies)
  • Financed through housing loan (EPF approved institution) / Cash purchase
  • Not for renovation / 3rd house / overseas property / land
  • Min 500
  • Withdrawal for Housing loan: max 110% of house price less downpayment
    • E.g. House price: 500k | Housing loan: 90% (450k)
      Max withdrawal: 500k – 450 k * 110% = 55k
  • Withdrawal for 100% housing loan (Zero downpayment): max 100% of house price
  • Withdrawal for cash purchase: max 110% of house price
  • Max total Account 2 balance

Withdrawal to Reduce / Redeem Housing Loan

  • Individual /Joint (immediate family OR no relationship) / Help Spouse
  • Age < 55
  • Buy / Build Residential (Note: Shop lot with residential unit qualifies)
  • Outstanding loan balance from approved Financial Institution
  • Not for renovation / 3rd house / overseas property
  • Withdrawal for 2nd house allowed only when first house is sold or disposed
  • Only 1 application per year (from the previous housing loan withdrawal date)
  • Total housing loan balance / Total Ac 2 / Min 500

Housing Loan Monthly Installment Withdrawal

  • Age < 54 yrs & 6 mths
  • Must be Buyer (or Builder) AND Borrower
  • Pay actual monthly installment
  • Max withdrawal: Total housing loan / Total Ac 2 / Cannot exceed monthly installment payment
  • Min: 100 x 6mths
  • Allowed to withdraw simultaneously for reduce housing loan balance AND loan monthly installment
  • Payment for Refinancing
    • Based on original loan balance OR latest loan balance (whichever is lower)
    • Not eligible if the original loan balance is fully settled

Flexible Housing Withdrawal

  • Process to set aside part of Account 2 savings to Flexible Housing Withdrawal Account to obtain a higher housing loan (aka Ring Fencing)
  • Monthly contribution to EPF considered as income
  • Savings in Flexible Housing Withdrawal Account CANNOT be used for housing, education, health & age 50 withdrawals
  • Released only at age 55 / Full withdrawal (i.e. Leaving Country Withdrawal) / Death Withdrawal
  • EPF Annual Dividends will still be given & credited into Ac 2
  • Buy / Build Residential (Note: Shop lot with residential unit qualifies)
  • Not for renovation / overseas property / land
  • Age < 54
  • Min savings period of 1 year
  • Only for 1 house at a time
  • Max application < Housing loan amount
  • Transfer: One time (optional) + monthly

Education/PTPTN Withdrawal

  • Self / Parent of Child
  • PTPTN, Diploma, Advanced Diploma, Bachelors Degree, Masters Degree, Doctor of Philosophy or
  • Local Institutions of Higher Learning:
    • Academic (Full time, part time or distance learning)
    • Professional Courses
    • Vocational Courses
  • Foreign Institutions:
    • Full time
    • Distance learning
  • Tuition Fees / Lodging Fees / Study Loan
  • Every Semester / Every Year
  • Can withdraw multiple times as long as Ac 2 balance remaining
  • Can file joint application with spouse for child
  • Interview with EPF Officer required

Health Withdrawal

  • For medical expenses and/or medical equipment for family members upon critical illness
  • Family members: spouse, children, parents (including parents-in-law & step-parents), siblings
  • Can make joint withdrawal with family members
  • Max withdrawal: Total Ac 2 OR actual medical cost (whichever lower & only on amount not covered by medical insurance)
  • Withdrawal can be for EPF approved medical aid equipment (wheelchairs, oxygen therapy, hearing aid, etc)

Age 50 Years Withdrawal

  • Age 50-55
  • 1 time only
  • Full / Partial (one time withdrawal allowed only)

Age 55 Years Withdrawal

  • Age > 55
  • Full / Partial (min 2k; every 30 days) / Monthly (min 250 p.m.)
  • From 2018 Jan: Full / Partial (no minimum) / Monthly (min 100 p.m.)

Age 60 Years Withdrawal (Akaun Emas)

  • Age > 60
  • Starting from Jan 1, 2017 any EPF contributions made from age 55-60 will be into EPF Akaun Emas
  • Full / Partial withdrawal from Akaun Emas only allowable upon reaching age 60

Hajj Withdrawal

  • Age < 55
  • Received letter with status Selected from LTH (Lembaga Tabung Haji)
  • Insufficient savings in LTH
  • Max withdrawal: 3000


Account 1 & 2

Death Withdrawal

  • Submitted by nominee
  • If no nominee, submitted by administrator / next of kin
  • Death certificate & Submitter’s NRIC required
  • With Nomination: Full withdrawal
  • Without Nomination:
    • EPF Account 1 & 2 Total < 2500: Full withdrawal
    • 2500 < EPF Total < 25000: 2500 (1st 2mths) & Remainder (after 2mths)
    • EPF Total > 25000: 2500 (1st 2mths), 17500 (after 2mths) & Remainder to person who provides Letter of Administration/ Letter of Probate/ Distribution Order (Land Office)/ Faraid Certificate (Syariah Court)
  • Compassion additional death benefit of RM2,500 may be given to next-of-kin provided application made within 6 months for Malaysian citizens below 55

Pensionable Employees Withdrawal And Optional Retirement Withdrawal (Public Service)

  • Employed in Public Service & emplaced in pensionable establishment
  • Optional Retirement from Public Service
  • Full withdrawal employee share of contribution including dividends if still have savings in EPF after government share returned to Retirement Fund (Incorporated) (KWAP)
  • No longer considered a worker as defined by EPF act

Leaving Country Withdrawal

  • Letter of Renounciation of Citizenship (Form K / Form Y) & other documents

Withdrawal Of Savings Of More Than RM1 Million

  • Age < 55
  • EPF savings (Total Account 1 & 2) min 1.05 million
  • Min withdrawal: 50k (from Account 2 & if insufficient from Account 1)

Incapacitation Withdrawal

  • Confirmed incapacitated, physically or mentally
  • Achieved the level of Maximum Medical Rehabilitation (MMI) to work by a doctor who has examined you AND by a medical doctor in a Medical Board appointed by EPF
  • Application supported with medical report dated < 1 year from date application received
  • No longer working at time of application
  • Requirement to attend interview session
  • Additional Incapacitation Benefit from EPF of 5000
  • Full



Q: How can I check/claim unclaimed monies in EPF?
EPF has launched an online Unclaimed Contribution Information Search.

Q. Is there a limit to the number of EPF withdrawals? For example, if I overlap my withdrawals from Ac 2 to serving housing loan & education loan.
A: You can have multiple withdrawals ongoing. However, it is subject to individual withdrawal limits. For example, you can only withdraw to reduce your housing loan after 12mths from the last withdrawal date.
Note: You can only have 1 home loan withdrawal from Ac 2 at any time

Q: If I bought a property previously financed with Ac 2 withdrawal & later sold it off, would I be able to withdraw from Ac 2 usual for a new property purchase?
A: Yes. When you sold off your property, the amount you originally withdrew from Ac 2 would be returned to Ac 2. You can now withdraw from Ac 2 to purchase your new property.

Q: If a person really wanted to, could he/she deposit extra money into either EPF account?
A: Yes you can make extra EPF contributions but only to Ac 1 which can only be withdrawn after age 55. If your EPF & insurance monthly contribution total is < 500 a month, you may want to consider making an extra contribution. EPF min returns 2.5%. Subject to EPF investment performance. One may want to invest in a vehicle with higher returns/liquidity (FD, endowment, shares, UT, property)

Contributing More Than The Statutory Rate (From EPF website):
You or your employer, or both, may contribute at a rate exceeding the statutory rate through the following options:

If only you opt to contribute at a rate exceeding the statutory rate, you may submit a notice of election to contribute at a rate exceeding the statutory rate using Form KWSP 17A (AHL).
If only your employer opts to contribute at a rate exceeding the statutory rate, your employer may submit a notice of election to contribute at a rate exceeding the statutory rate using Form KWSP 17 (MAJ).
If both you and your employer opt to contribute at a rate exceeding the statutory rate, you and your employer may submit a notice of election to contribute at a rate exceeding the statutory rate using Form KWSP 17A (AHL) and Form KWSP 17 (MAJ) respectively.
This rate will be the new statutory rate and shall remain so until you and/or your employer submit a notice of cancellation using Form KWSP 18A (AHL) and Form KWSP 18 (MAJ) respectively. Upon receipt of the notification, the rate of contribution will be reverted to the current statutory rate.

Q: Can I withdraw from Ac 2 to purchase overseas house, marriage or a personal loan?
Unfortunately the withdrawal is not allowed to buy a house abroad, marriage, personal loan or other purpose not stated explicitly by EPF.

Q: Can I withdraw for my children’s university studies?
Yes for diploma or equivalent & higher studies in academic / professional / skill-based / vocational course in an authorised institution of higher learning. Including tuition fees & airfare. You will need to submit offer letter & other relevant documents.
More info: kwsp.gov.my

Q: Is it true that EPF does not pay dividends if you keep your money in EPF above age 75?
There was a 2008 EPF policy that was never enforced. It has since been amended in 2015 (EPF Enhancement Initiative 3) & dividends kept voluntarily in EPF are given until age 100. Subsequent to age 100, the money will be transferred to Registrar of Unclaimed Monies.

Q: For those who have passed the age of 55, can the Akaun 55 be used to withdraw for investments in EPF approved unit trusts?
EPF’s MIS UT withdrawal is eligible until age 55 only. After age 55, Akaun 55 balances can be withdrawn. New EPF contributions in Akaun Emas can only be withdrawn upon reaching age 60.

63 thoughts on “EPF Withdrawals

  • June 30, 2014 at 10:31 am

    Thanks for posting this. Never really took the effort to find out more about the both accounts. only know about withdrawal for home, and when my agent told me that Account 1 can be used for investment.

    by any chance you know or have any info on edu withdrawal?

    Glad to share. There are details above on Education Withdrawal which you can withdraw from EPF AC2 for Diploma, Advanced Diploma, Bachelors Degree, Masters Degree, Doctor of Philosophy or equivalent at local or foreign institutions of higher learning.

    • February 1, 2017 at 4:34 pm

      Is there any mode payment for EPF member which have no bank account..can it like paying in cheque or cash payment voucher?

      Hi Leeboonwah, Banker’s cheque should be an available option. Best to confirm at EPF for your withdrawal.

  • July 1, 2014 at 1:25 pm

    I had withdraw from my a/c2 for twice, one has been sold, and one was under abandoned project.
    Now I wish to withdraw for my property which was purchased at February 2014.
    Can I?

    Below is the EPF guideline on the matter (highlight is mine)

    Withdrawal to purchase a second house is allowed after the first house is sold or disposal of ownership of property has taken place. Disposal of ownership refers to ‘loss of ownership of the first house owned through previous EPF withdrawal’ 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.

    You may want to check with EPF directly to confirm the status of the abandoned project.

  • July 26, 2016 at 4:16 pm

    Kindly let me know the list of documents need for PF withdrawal for purchasing a house.

    Hi Thangam, you will need to submit the KWSP form, IC copy & property purchase supporting documents

    More info: kwsp.gov.my

  • August 9, 2016 at 3:20 pm

    I am considering to withdraw account 2 deposit to fund the house that i recently bought. Just wonder, will i still entitle to any dividend after the withdrawal? i.e. it is already Aug’16 now, will i entitle to dividend on proportion basis? Dividend calculated on daily basis? Or is it better to just wait for the declaration of the dividend before the withdrawal?

    Hi MEIX2, yes your dividends will be prorated on daily rest. All the best with reducing your home loan. Please contact us if you’d like to see how the withdrawal would affect your existing housing loan repayments & other cost saving tips.

  • August 30, 2016 at 8:52 am

    Hi, I bought an apartment @ RM1.35M and I paid 10% down payment to the developer. I would like to know how much money can I withdraw from my EPF account no.2 if I decided to obtain a housing loan from local bank around 300K.
    My EPF account no.2 balance amount is approx. RM650K. Remaining amount will be paid by Cash.


    Hi KL6633, grats on your purchase. You can apply to withdraw all of your EPF Account 2 balance of 650k.

  • September 13, 2016 at 5:48 pm

    Can I withdraw the full amount when I reach the age 55? I understand that it’s not possible.

    Please clarify.

    Hi Mangala,
    If you have retired at age 55, you can withdraw the entire lump sum.
    However, if you are still working / contributing to EPF, you can only do a partial withdrawal (min RM2k) or monthly payment withdrawal
    More info: http://www.kwsp.gov.my

  • November 6, 2016 at 12:47 pm

    Can I still withdraw my Epf money after 1st jan 2017. I shall be 59years old.I have the understanding
    that with the new acct Emas, there will be no withdrawal of EPF money till 60 years old.Kindly clarify.
    Thank you.

    Hi Tang,

    Thanks for your query. If you’ve already retired, no impact on existing EPF account withdrawals.

  • November 8, 2016 at 10:06 pm


    Under Pensionable Employees Withdrawal And Optional Retirement Withdrawal (Public Service), Item No. 4 stated “No longer considered a worker as defined by EPF act”.

    ◘ Can help to elaborate more on this?
    ◘ Thus one who is self-employed (where no more monthly EPF contributions is made) falls into this category?

    Hi Barrey, Thanks for your query.

    Pensionable Employees Withdrawal: Employed in the Public Service and contributed to the EPF until the Public Service Department (PSD) emplaced you in the pensionable establishment.

    Optional Retirement Withdrawal: You have chosen optional retirement from the Public Service and no longer employed OR You have chosen optional retirement from the Public Service and reemployed with a different employer or self-employed OR You have served in a government agency and have opted for retirement under a privatisation or corporatisation exercise but continue to work with the same agency.

    The criterion for this would be if you fall under one of the above scenarios.

  • November 12, 2016 at 10:16 am

    If i withdrew 13 years ago for a house purchase , can i withdraw now for education ?

    Hi Sasa, Thanks for your query. Yes as long as you have sufficient funds & meets the education withdrawal guidelines.

  • November 13, 2016 at 5:39 pm

    I will obtain a citizenship from other country soon. Upon submitting all required documents such as IC, passport and EPF withdrawal forms, when will EPF fund will be credited into my bank account.

    Pls advise

    Hi Skin, From ours & others previous experience EPF is pretty fast within a few weeks provided all your documents are in order. You can inquire with EPF directly too when submitting all your relevant documents. Fare thee well!

  • November 19, 2016 at 9:48 am

    I have a residence pass (talentcorp) and director/owner of a company in Malaysia for over 10 years. I am 53 years old. I want to know if I can withdraw my full epf at 55 and not have to give up my pass and leave the country? I want to continue the business with my business partner. Information on websites after Nov 1st make me feel that I can withdrawal the full amount at 55. Looking for advice.

    Hi Jac, thanks for your query. Currently EPF withdrawal upon age 55 for non Malaysians are only applicable if you have a PR status or if you became an EPF member before 1 August 1998. EPF has informed of plans to change this but has yet to be implemented. Another upcoming guideline which may affect as well is for from Y2017 that income earned above age 55 is only withdrawal upon age 60.

  • November 28, 2016 at 12:31 pm

    I am 56 years old this year and still working. Do you confirm that under akaun emas from 1 Jan 2017, I am only allowed to withdraw RM2000 a month and not lump sum anytime I wish?

    Julyne, Thanks for your query. Your existing EPF savings is not affected with the change. Only new EPF contributions from 1 Jan 2017 for those above age 55 will be placed under the new Akaun Emas withdrawable only upon reaching age 60.

    More info on Akaun Emas: https://mypf.my/2016/11/03/epf-akaun-emas-changes-from-jan-1-2017/

  • December 9, 2016 at 2:17 pm

    why keep on change the age to 60? next time change to 80 is more easy.. set for longer..

  • December 27, 2016 at 12:23 am

    I’m 52yrs, I did withdraw acct 2 when 50 yrs, now, I’m no working, possible or any chance to proceed 2 time withdraw ?

    Hi Kenny, It’s a one time withdrawal only from age 50-55. You will need to wait until age 55.

  • January 5, 2017 at 12:10 pm

    I am a foreign national living and working in Malaysia for the last 7 years and I believe that the only way I could withdraw my EPF funds were by leaving the country. However, I read that this has now changed and that I can withdraw payments for housing (in Malaysia), education and health at age 50 and I can also withdraw my full EPF contributions aged 55 from Jan st 2017 – Is this correct?

    Hi James. Thank you for choosing MyPF.my as your Personal Finances resource site. Non-Malaysians can now make the same withdrawals as Malaysians for EPF contribution categories. In fact you do not need to wait until age 50 if you are eligible for housing, education and health withdrawals.

  • January 10, 2017 at 11:50 pm

    Hi.. I’m 35 and I was retrenched. I’m applying for job but I’m not getting any offer. I’m unemployed for 8months… Is there any wai I can withdraw my epf to pay my debts…

    Hi Sivamayam, unfortunately the unemployment benefit withdrawal from EPF is only if you are incapacitated being physically or mentally unable to work. Wishing you all the best in your job application.

    • August 20, 2018 at 2:14 pm

      Hi is the optional retirement applicable for unemployed or self-employed but without any incomes as yet as of age 45 years?

      Hi Sanjeev, it is applicable for optional retirement from public service only.

      Pengeluaran kesemua simpanan bahagian pekerja bagi ahli yang bersara secara pilihan dari Perkhidmatan Awam sekiranya mempunyai baki simpanan bagi tempoh wajib mencarum

      1. Bersara dari Perkhidmatan Awam secara pilihan dan tidak bekerja lagi; ATAU
      2. Bersara secara pilihan dari Perkhidmatan Awam tetapi masih bekerja dengan majikan lain atau bekerja sendiri; ATAU
      3. Berkhidmat dengan agensi Kerajaan dan telah bersara secara pilihan di bawah Penswastaan / Pengkorporatan tetapi masih bekerja dengan agensi berkenaan
      4. Belum mencapai umur 55 tahun

      (Translation) Optional Retirement Withdrawal:
      1. You have chosen optional retirement from the Public Service and no longer employed OR
      2. You have chosen optional retirement from the Public Service and reemployed with a different employer or self-employed OR
      3. You have served in a government agency and have opted for retirement under a privatisation or corporatisation exercise but continue to work with the same agency
      4. Below age 55

  • January 23, 2017 at 1:53 pm

    recently going through the procedure to withdrawn money, notice a funny thing. supporting doc for buying a house with cash ” Suratan Hakmilik atas nama ahli; ATAU
    Borang Pindahmilik KTN 14A atas nama ahli yang telah disempurnakan oleh Pejabat Tanah ATAU sekurang-kurangnya Borang Pindahmilik KTN14A telah lengkap ditandatangani berserta resit penyata perserahan oleh Pejabat Tanah”
    so they expect u buy a house that under your own name?
    and in order to submit the change of name u need to paid the seller 100%. then why u need EPF then?

    Hi Eddie, Interesting highlight. Do let us know how the documents submitting works out.

  • March 19, 2017 at 1:37 am

    Can I withdraw the entire Account 2 for postgraduate studies at one time & get it all paid to the University without monthly instalment?

    Or is there a limit?

    Sean, yes you can. Your limit is the entire account 2 OR your postgrad studies costs (including airfare) – whichever is lower.

  • April 16, 2017 at 11:23 am

    Hi can I withdraw my epf for house renovation. What documents should I provide.

    Hi Sharmila. Unfortunately, EPF does not allow you to withdraw for housing renovation. If it’s a new property loan, some banks may allow you to finance your renovation into the loan. Alternatively you can consider creative financing solutions for renovation, etc.

  • April 17, 2017 at 10:09 am

    I recently bought the house and its was my first house. Am I entitled to withdrawal 100% from my account 2 because I loan 100% from bank? For first timer withdrawal for buying house, is it the money goes in my account?

    Hi Vyner, Grats on your first house. Yes you can withdraw for your property 100% from account 2 up to your total house price. Yes the money would be directly transferred into your account which you would inform EPF during the withdrawal process.

  • April 24, 2017 at 11:51 am

    Hi,I would like to know when I reached the age of 50, can I withdraw all my account 2, while I am still employed? Will EPF issue me a cash cheque/bank draft as I have no account with any bank? And when can I approach EPF to submit or request in advance for my withdrawal, eg.i will be 50 years in June 2017. Your information will be much appreciated TQ

    Hi George, EPF withdrawal from Account 2 is allowable from age 50 – 54. (Full withdrawal from Account 1 & 2 only upon age 55). Yes you can request for a banker’s cheque to be issued once you reach age 50 in June by approaching EPF.

  • April 25, 2017 at 12:33 pm

    Hi ,Good afternoon and thanks for you fast respond on my earlier post,can EPF issue cash cheque under my name ,so as once I cash out I can then banked into my son account, as I was rejected by banks to open up a saving account,as I understand EPF will not issue Bankers cheque under my son name right?,your advice is very much appreciated TQ

    Hi George, Good afternoon and you are most welcome. The EPF cheque is a banker’s cheque and will be in your name. You will need to check with the specific bank for the receiving banker’s cheque process though as it depends on the bank. EPF can also
    advise you on the process for withdrawal.

  • May 17, 2017 at 1:04 pm

    Hi there

    If one withdraws under the “Leaving Country” category, will dividends be paid up to date of withdrawal eg. 30th Sept 2017, or up to 31st December 2016 only?

    If it is up to date of withdrawal, would the rate of dividend be the 5.7% that was declared for 2016?


    Hi Tom, In our experience, your EPF funds would be as what is reflected in your account on the withdrawal date. If the dividend is declared, your EPF account will be credited with the dividend. If you leave before the dividends are actually declared, then you will only have the amount that is within your account at that point of time. Do note that the dividend is declared only sometime after the financial/calendar year ends. For example, the 2016 dividend of 5.70% was declared only on February 18, 2017. Cheers!

  • May 18, 2017 at 11:14 am

    I am in amidst of applying Leaving Country Form. Requirement is to surrender my NRIC. My question is, do I have to surrender my Malaysian passport as well?

    Hi Rhys, Only the IC surrender confirmation letter is requested from EPF with no mention of Malaysian passport surrender. You can confirm with EPF to be sure. Wishing you safe travels and all the best in your future endeavors.

  • June 19, 2017 at 11:45 am

    Hi, was considering retiring by 50 hence I wonder is there a possibility to request EPF to disburse previous year declared dividend on monthly basis upon reaching age 50 to sustain my living cost?


    Hi Chin Mon Wah, All the best with your upcoming retirement plans. For age 50 retirement withdrawal, you can only do a one time withdrawal which is everything or partial. After age 55 then only will you be able to request for partial/monthly withdrawals.

    A suggested alternative is to withdraw the entire amount at age 50 if you need to & place the funds into a diversified investment portfolio towards ensuring you have sufficient funds for your retirement years & giving you cashflow flexibility.

  • June 20, 2017 at 7:10 pm

    Hi, was wondering if i can withdraw for my dad’s knee cap replacement operation?

    Hi Leana, Yes it should qualify. Best to contact EPF directly & provide them details. You will be briefed as well on documentation you need to submit for the withdrawal.

  • June 22, 2017 at 9:38 pm

    I purchased a property in 2013 and took a 90% loan but the loan has not yet been fully disbursed therefore, i’m currently still paying interest. Will I be able to withdraw from EPF Acc 2 to serve the interest and thereafter the full installment once it’s fully disbursed?

    Thank you

    Hi Janie, Yes you can withdraw from EPF Account 2 for either serving the (loan) interest up to the monthly repayment amount OR as payment for the initial downpayment (if applicable). Normal T&C apply (e.g. you have not withdrawn EPF for any other property; Min withdrawal 500).

  • July 14, 2017 at 5:47 pm


    If I do a full withdrawal upon attaining the age of 55 in Sep 2017, will EPF still credit the dividends into my account after the dividends is declared in early 2018 after the financial/calendar year ends ?


    Hi Richard, Yes you will still receive dividends for 2017.

    If withdrawal is made before dividend is declared: dividend at rate of 2.5% paid first + balance of dividend paid when dividend rate for the year is declared.

    If withdrawal after dividend is declared: dividend based on the rate declared in that year.

    More info: http://www.kwsp.gov.my/portal/en/web/kwsp/member/age-55-years-withdrawal

  • July 23, 2017 at 10:40 pm

    Can withdraw from 2nd acc. fully for car purchase?

    Hi Palni, unfortunately no. There is no EPF withdrawal category for car purchase.

  • August 1, 2017 at 7:36 pm

    I had withdrawn once from Acc 2 for the 1st house in 2013 (the S&P under my name and wife but loan is under my wife – Govt. loan). I bought another house in 2015 (loan facility 90% & under my name), but now still paying interest every month (progressive pays since the loan not fully disbursed until house fully built). Can I withdraw the money from Acc 2 to pay this monthly progressive payment?

    Hi Sloan, Unfortunately you can only withdraw EPF Acc 2 for the 1st house. You can only withdraw for the 2nd house after the 1st house is sold or disposed.

  • August 6, 2017 at 1:35 am

    Hi, Can i withdraw my epf acc 2. Fyi, i already utilised my acc 2 for a monthly payment of my home loan and just finished last february. Can i apply again for a 10% deposit of the same house for a house i bought in 2012 . I never claim a 10% deposit for this house when i bought it in 2012. Kindly advise.

    Hi Wan, EPF purchase a house withdrawal application needs to be less than three (3) years from date of signing Sale and Purchase Agreement. As the house was bought in 2012, it is unfortunately more than 3 years.

  • August 10, 2017 at 2:08 pm

    Good day,

    I have made a withdrawal from EPF Account 2 in 2016 to pay off some amount of PTPTN loan. Just few days back, I applied for a second withdrawal, but some work came up and I had to leave to overseas immediately. I’ll be away for 3 months, and it looks like my second withdrawal will not be successful.

    My question is, when I come back, will I be able to make a third application of withdrawal to pay off some amount of my PTPTN loan again?

    What are the max amount of times I can withdraw from Account 2?

    Please advise, thank you.

    Good day Neth, Yes you can withdraw multiple times as long as Ac 2 balance is remaining.

  • August 24, 2017 at 8:47 pm

    I’m a first time buyer, Intend to buy a house for 340k, how much maximum allow to EPF withdrawal for purchase?
    My ac2, now with approximate 70k, can withdraw full?

    Hi JC, Yes you can withdraw full total in account 2 (provided). Min 500. Max 110% housing price. All the best with your upcoming property purchase!

  • September 5, 2017 at 11:34 pm

    Hi my mum this year will be 53 years and not working any possible withdrawa.from 1 acc to personal use

    Hi Gayatri, your mum can make a 1 time full/partial EPF withdrawal from age 50-55 if she has not done so before. Else full withdrawal will be at age 55.

  • September 15, 2017 at 4:23 pm

    Hi, i’m a malaysian and my husband a PR. we r planning to buy a house but only my name will be on d spa. how can we use my husband’s epf (1st time withdrawal) for the purchasing of this hse? in cases like ours, can the money be disbursed into his savings acct?

    Hi Phoebe, yes your husband can withdraw for EPF under Withdrawal to Purchase a House for spouse for properties in Malaysia. You and your husband will need to go to any EPF branch to apply for the withdrawal.

  • September 27, 2017 at 9:02 pm

    Hi:) my question is ,if im 54 yrs old ,and i have already took some amount from my acc 2, at age 50 once, can i withdraw some money for my child education purpose .If the answer is yes, then why is it not possible for me since, one of the officer called and said that they can only provide partial money like 4K .and said can only withdraw next year ?

    Hi Niva :), There is a one-time only limitation for withdrawals (whether full/partial) from age 50-54. You should be able to withdraw all your remaining EPF funds at age 55. (Except for Akaun Emas age 60 if you continue working).

    The education withdrawal does not state any ineligibility if you have made past withdrawals. Do you still have balance remaining in your Ac 2 for the education withdrawal? You may want to check with EPF to re-clarify on the education withdrawal. Please do share with us if you learn something new as it’s our first time seeing this scenario as well 🙂

    EPF Education Withdrawal Eligibility:
    (i) A Malaysian Citizen; OR
    (ii) A Malaysian Citizen who has made Leaving The Country Withdrawal before 1 August 1995 and later opted to re-contribute to the EPF; OR
    (iii) A Non-Malaysian Citizen who:
    Has become an EPF member before 1 August 1998; OR
    Has obtained a Permanent Resident status (PR).
    Have not reached the age of 55 on the date the application is received by EPF; AND
    Still have savings in Account 2.

    • September 29, 2017 at 2:07 pm

      yes i do have enough savings in account 2 to fund my child education . so its really weird when i hv encountered this kind of situation . so can i make a reconfirmation ? so if i took some of the amount from acc 2 at age 50,and i still can withdraw money from age 54 but under education fund right ?

  • October 2, 2017 at 8:12 am

    Hi, I would like to know if i am buying a property with joint name. So when I get the SNP, can I and my partner fully withdraw amount from our account 2?

    Hi Eric, Yes both you & your partner can withdraw from Ac 2 for the joint property purchase.

  • October 9, 2017 at 10:31 pm

    Hi.I‘m intend to purchase my first property for Rm388K under government affordable house scheme.For this case,can i withdraw from epf for the downpayment (rm38k) under my husband and my name account in epf ? Can i withdraw more than Rm38k? will they transfer the withdrawal amount to bank saving/current or loan account for first time withdrawal?

    Hi Hazel, Yes you & your husband can withdraw more than RM38k up to 100% of the housing loan & into your specified bank account.

  • October 17, 2017 at 3:44 pm

    I would like to withdraw EPF money to build a house but the house will be built on land that is still in my father’s name… Is it still possible to withdraw the EPF money or does the land have to be transferred to my name first? Thanks

    Hi Theo, as your father is your immediate family member you should be able to apply to withdraw to build.

  • October 17, 2017 at 3:50 pm

    Where can I get a full list of the mental medical conditions that are accepted for the Incapacitation Withdrawal. All the information I can find is very general and vague.


    Hi Theo, The guidelines from EPF are based on mental (or phyiscal) incapacitation verified by EPF medical board or a qualified treating doctor. Required for submission would include medical history, general physical examination, relevant investigative reports, diagnosis and treatment. Mental incapicitation would be accessed from i. Self-care; ii. Socially useful activities (including work); iii. Social relationship; and iv. Disturbing and aggressive behaviour.

    You can refer to the below link & check with EPF directly for more detailed information.


  • October 25, 2017 at 8:52 am

    With 1MM saving in EPF fund, is it best to do a enhancement partial withdrawal when you reach 55 to sustain a 8k monthly spending until the age of 85?

    Hi Mazz, with EPF savings above 1.05m you can actually withdraw from EPF even before 55. A general guide (without knowing your full financial profile) is to withdraw approximately 4% of the total EPF funds & depend on EPF dividends for the remainder of income. This will give you approximately 8k monthly spending until 85 (assuming 5.7% or above annual EPF dividends). Please do get in touch with a MyPF advisor directly for a more detailed look into retirement planning.

  • October 26, 2017 at 3:23 pm

    Upon death of a member, can the nominee opt not to withdraw the money immediately but only after 15 years later (member age will still be below 100 years old at that time)? Will the account be still active and generate dividends?

    Hi Andrew, While not encouraged there should be nothing stopping you from making the claim later. There may be additional hassle though if it goes to unclaimed monies. Also there’s an additional RM2,500 paid to dependents if below age 55 and withdrawal made within 6 months.

  • October 27, 2017 at 7:51 am

    I want to know can I withdraw money from Account and invest in FD??

    Hi Sriya, you can only withdraw money for EPF approved withdrawals (as article above). To withdraw and do whatever you want including placing in FD, you are likely only looking at age 50/55 withdrawal or EPF balance above 1m.

    • October 31, 2017 at 2:58 pm

      Sir if blacklisted can withdraw from acc 2

      Hi Vani, Yes you can still withdraw. You need to inform EPF for arrangements if one blacklisted does not have a bank account.

  • November 3, 2017 at 5:13 pm

    If a person who is ,unemployed at age of 50, and struggle to pay for housing loan. can withdrawal money from his 2nd account to pay the money?

    Hi Chandran, Yes you can. Please contact EPF for the arrangements.

    • November 10, 2017 at 11:41 am

      how about 1st account can withdraw for pay housing loan?

      Hi Chandran, unfortunately you can only withdraw from Account 2.

  • November 14, 2017 at 11:19 am

    I am a foreigner working in Malaysia and holding resident pass. I am contributing to EPF together with contribution from my employer . Now my age is 56. Can I with draw my EPF money?

    Hi Mumtaj, Yes you can under above age 55 withdrawal or leaving country (if applicable).

  • November 14, 2017 at 2:08 pm

    I am not leaving the country; but wish to take my EPF amount. Is this possible?

    Yes you can for EPF earnings up to age 55. It’s an either or option.

  • November 20, 2017 at 8:40 pm


    I am a foreigner and would leave the country some time in Jan 2018. In that case, since the Dividend rate for 2017 would still not be declared, would I only get the total amount accumulated till date ( Jan 2018) and my dividend income for 2018 would be lost 🙁

    Also, if I apply for withdrawl in Jan, and if the whole process takes 1 month and within that month, if the dividend is declared, would I get it ? I just dont want to lose the 5 .5 % ( Approx) income on my corpus.

    I hope I explained my situation. Any help would be appreciated.

    Hello Ladbi, EPF is pretty fair in handling withdrawals and dividends. If you withdraw in January 2018 & the dividend is not declared yet, you will still receive the dividend when it is declared. I would suggest contacting EPF directly to work out the details.

  • December 14, 2017 at 2:44 am

    I want to know can I withdraw money from Account 2 and started business?

    Hi Puvaneswary, Unfortunately no for business purposes.

  • December 18, 2017 at 2:43 pm

    Thanks for the insight!
    As I read that “Not for 3rd house” in this article, below my case:
    I had made a withdrawal from Acct 2 in Aug 2015 to July 2016 for “Housing Loan Monthly Installment Withdrawal”, where EPF deposited the payment to my personal account.
    Now that I made a purchase on 2nd house, can I withdraw to pay my down payment? FYI, first house still yet to be disposed (not intend to).

    Hello Ivy, You’re most welcome! The downpayment withdrawal will only be allowed if the first house is disposed/sold.

  • December 27, 2017 at 12:41 pm

    If i pump in money in January 2018 into KWSP, would i enjoy the dividend declare on February 2018?

    Hi Tan SiewLu, No you would not get the dividend declared as it would be for EPF funds invested in 2017. You would however enjoy the EPF dividends for 2018. Also if funds are placed for less than a year, it will be pro-rated.

  • December 27, 2017 at 5:47 pm

    Hi could i redraw my epf to settle my akpk

    Hi Rachel, you cannot withdrawal from EPF to settle debts like credit card owing (which AKPK provides help in). However, if you have an education loan (e.g. PTPTN loan), yes you can withdraw from EPF.

  • December 28, 2017 at 4:20 pm


    Looking to buy my 1st property , would I be able to withdraw my acct 2 to fund the 10% down-payment ? or pay first and get back from EPF acct 2 ?

    Hi Pal, Congrats on your upcoming 1st property purchase. You can request withdrawal and it will be banked into your bank account as long as it is within 3 years of signing the SPA.

  • January 25, 2018 at 1:41 am

    Hi..I have a 8 year old son and 3 month old daughter. .will I be able to do epf accts withdrawal no 2 for their future education purpose now.. TQ S.R.

    Hi..S.R., yes you will be able to withdraw for your children’s tertiary education from your EPF account 2.

  • January 29, 2018 at 4:29 pm

    Hi there.. I have already withdrawn certain amount from my account 2 for my first house which I bought in 2015.. Can I withdraw again since I haven’t reach my 100% amount? Thanks in advance for your reply 🙂

    Hi Jaykanesh.. You can withdraw again for the same house. But if it’s a different house, you’ll need to dispose of the first house first.

  • February 2, 2018 at 9:54 am

    Upon attaining age 50, I know you can withdraw from Account 2. May I know if a bankrupt can withdraw it as well?

    Yes you can. If you don’t have a bank account, arrange with EPF for the funds to be issued to you in another form (usually by cheque).

  • April 3, 2018 at 10:36 am

    Hi, my house loan in under my sister’s & my name. Can both of us withdraw from our AC 2 to settle the loan?

    Hi Mimi, As long as your name is on the house loan and house ownership yes you can.

  • September 11, 2018 at 6:47 pm

    Hi there, just wanted to check am I able to withdraw my 2nd account for housing loan repayment which is under my parent name ? The house is under my mom’s name and she’s currently unemployed. Thanks in advance 🙂

    Hi Roopashini, only if it’s a joint home loan with your name too will you be able to withdraw.


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