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EPF: Applications for i-Citra withdrawal accepted from July 12

Timothy Achariam / theedgemarkets.com
11 July, 2021Updated:over 4 years ago

KUALA LUMPUR (July 11): The Employees Provident Fund (EPF) said members below 55 years old may apply for the i-Citra withdrawal starting Monday July 12, three days earlier than previously scheduled.  

The retirement fund said applications can be made via icitra.kwsp.gov.my, and the first payment is expected to be credited into members' bank account in August. 

“Members must ensure that their mobile phone number matches the one in EPF’s record to receive a one-time password (OTP), in addition to having an active bank account to receive the payment,” the EPF said in a statement today.

Eligible members are allowed to withdraw up to a maximum of RM5,000, subject to the total combined balance in both Accounts 1 and 2, the fund said. 

“The approved withdrawal amount will be paid for a period of up to five months, with a fixed monthly payment of RM1,000 per month subject to savings balance,” it added.  

EPF previously said the approved withdrawal amount will be paid for a period of up to five months, with a fixed monthly payment of RM1,000, subject to savings balance and minimum of RM50.  

The i-Citra withdrawal was introduced following the announcement of the PEMULIH economic stimulus package by Prime Minister Tan Sri Muhyiddin Yassin on June 28, as a temporary relief measure to help EPF members tide over the economic impact from Covid-19. 

“For further information on i-Citra and its application guideline, members may refer to the EPF’s official communication channels, its website at www.kwsp.gov.my, or call the i-Citra Hotline at 03-8922 4848,” EPF said.

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