{"id":23695,"date":"2016-04-22T17:01:52","date_gmt":"2016-04-22T09:01:52","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=23695"},"modified":"2019-12-03T10:18:44","modified_gmt":"2019-12-03T02:18:44","slug":"online-epf-withdrawal-facility-available-for-education-loans-now","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/online-epf-withdrawal-facility-available-for-education-loans-now","title":{"rendered":"Online EPF Withdrawal Facility Available For Education Loans Now"},"content":{"rendered":"
Employees Provident Fund (EPF) contributors can now withdraw their savings online via e-Pengeluaran to finance their own or their children’s education at local higher learning institutions.<\/p>\n
There are currently 10 higher learning institutions being assessed for integration with e-Pengeluaran, of which three institutions have been confirmed \u2013 International Islamic University Malaysia (IIUM), Multimedia University (MMU) and Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN).<\/p>\n
The e-Pengeluaran services are equally extended to more participating financial institutions including RHB Bank, RHB Islamic, Maybank, Bank Islam, OCBC Bank, Bank Simpanan Nasional (BSN), Ambank and UOB Bank.<\/p>\n
EPF is working towards having more institutions and banks participate in e-Pengeluaran in order for more members to benefit from the online EPF withdrawal facility.<\/p>\n
The e-Pengeluaran is one of EPF’s breakthrough service to enable EPF contributors with i-Akaun to submit their withdrawal applications anytime and anywhere. It also allows them to check the amount entitled for the withdrawal for a particular scheme and facilitates the crediting of the approved amount directly into theirs or participating bank’s account.<\/p>\n
EPF contributors are encouraged to use the E-Pengeluaran\u00a0facility as it is a more efficient alternative to submitting their education withdrawal applications at EPF branches.<\/p>\n
The e-Pengeluaran facility is available to all contributors with i-Akaun. Contributors who have yet to register for i-Akaun can do so by contacting the EPF Call Management Centre at 03-8922 6000, via EPF kiosk, by visiting any EPF branches or via an EPF Mobile Team.<\/p>\n