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How to use EPF to pay our home loan?

+1 vote
asked Feb 27, 2015 in Business & Consumer by NurAtira Private (430 points)
I know there's EPF withdrawal on buying a house, but not too sure about how we can use the EPF to pay home loan. Need further enlightenment on whether it can be done on monthly basis or lump sum, and what's the advantage/disadvantage of both consequences. Thank you

1 Answer

+2 votes
answered Apr 14, 2015 by mrs.marshal Second Warrant Officer (5,280 points)
the only thing that i am aware of (told by the EPF officer), that you can take out your EPF yearly to pay for you home loan, and it seems like a lump sum.......