EPF: RM50,000 loans from Friday


PETALING JAYA: Eligible Employees Provident Fund (EPF) members can apply for personal financing of up to RM50,000 from banks, starting from Friday.

Their savings in EPF will serve as collateral and they will only be charged with interest of between 4% and 5%, instead of the usual 8% to 15%.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Employees Provident Fund (EPF) ,

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