KUALA LUMPUR (April 1): The unconditional withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is expected to provide an immediate positive impact to the economy in terms of consumption, said Bank Negara Malaysia (BNM) deputy governor Datuk Abdul Rasheed Ghaffour.
KUALA LUMPUR (March 2): Applicants for the i-Sinar facility under the Employees Provident Fund (EPF) submitted before Feb 25 will be progressively approved in batches following the removal of all previous criteria set for the withdrawals, and payments begin today, March 2.
KUALA LUMPUR (Feb 16): The government’s announcement that it is taking steps to remove all conditions for withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is timely, given that those who have been affected by the Covid-19 crisis are in urgent need of the funds.
KUALA LUMPUR (Feb 11): The Employees Provident Fund (EPF) will be removing all conditions for the i-Sinar facility, on the advice of Prime Minister Tan Sri Muhyiddin Yassin after receiving feedback from the public.
EPF members with less than RM100,000 in Account 1 can withdraw up to RM10,000 under expanded i-Sinar facility
KUALA LUMPUR (Dec 2): The Employees Provident Fund (EPF) now allows contributors with Account 1 savings of not more than RM100,000 to withdraw up to RM10,000 under its expanded i-Sinar facility, with the payments to be staggered over a maximum period of six months.
KUALA LUMPUR (Nov 26): The Employees Provident Fund will be expanding its i-Sinar facility to include all who have had their income affected due the Covid-19 outbreak, according to the Ministry of Finance (MoF).
KUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has announced a scheme called i-Sinar, which will permit eligible members to take an advance from their respective Accounts 1.