ABCs of Personal Finance
Personal Finance 101: EPF Account 2 can now be used to obtain personal financing
Article earlier for reference: EPF savings as collaterals for loans Briefly, Prime Minister Datuk Seri Anwar Ibrahim today clarified that the plan to allow Employees’ Provident Fund (KWSP) contributors to use their savings as collateral for loans would not involve any withdrawals from their savings. Now, we have news that the EPF is ready to implement this EPF Account 2 for loans and they have finalised the mechanism and the terms and conditions for EPF members who want to do so.
