KUALA LUMPUR: Employees Provident Fund (EPF) members can now settle their outstanding education loans via their Account 2 under the Education Withdrawal facility. The EPF said the payment method enhancement is effective July 21, 2017 and irrespective of the effective date of members' education loan agreement. The enhancement will replace the current conditions of Education Withdrawals from Account 2. Irrespective of loan agreement dates (subject to withdrawal eligibility), the payment method is available for EPF members and members’ children. “We are pleased to note that the enhancement is expected to benefit up to 70,000 of our members who have yet to repay their education loans,” he said.
Source: New Strait Times July 05, 2017 09:33 UTC