Need to withdraw more? EPF i-Sinar applications can now be amended online
Soyacincau
9/3/2021
Employees Provident Fund (EPF) has updated its i-Sinar program which now allow members to amend or cancel their application. If you’ve applied for i-Sinar withdrawal but didn’t maximise the full withdrawal limit or have made a mistake, here’s your chance to update your application.
If you go to the i-Sinar portal, you’ll be greeted with 4 options which include new application, check application status, amend withdrawal and cancel withdrawal. To log in, the portal will need to verify your identity with your IC number and mobile phone verification.
Do note that you are still subject to your eligible withdrawal limit which is dependent on your actual balance in EPF Account 1. For members that have RM100,000 or less in Account 1, you are only allowed to withdraw up to RM10,000. For those with more than RM100,000, may withdraw up to 10% of their account balance with a maximum cap of RM60,000. The i-Sinar withdrawal will be paid out across a period of 6 months.
Do note that you are only allowed to make the amendment once. If you haven’t applied yet, you can still apply and applications for i-Sinar will close on 30th June 2021.
Source: Soyacincau
FOR MORE NEWS GO TO:
https://www.soyacincau.com/2021/03/09/epf-kwsp-i-sinar-amend-update-change-withdrawal-amount/
i-Sinar Online - Panduan Permohonan Baharu
i-Sinar Online - Panduan Permohonan Baharu