12th July 2021 - 2 min read
Members of the Employees Provident Fund (EPF) below the age of 55 will be allowed to apply for the i-Citra withdrawal facility starting from today – three days earlier than scheduled.
With this, eligible EPF members will be able to withdraw up to a maximum of RM5,000, subject to the total combined balance in both their Akaun 1 and 2. “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. The first payment is expected to be credited into the respective members’ bank accounts from August 2021,” said the EPF in a statement.
The provident fund also reminded individuals who wish to apply to ensure that the mobile number used in their applications matches the one found in the EPF’s records. This is so that they can receive the one-time password (OTP) required to verify their applications. Additionally, applicants must also ensure that they have an active bank account to receive their i-Citra payments.
For context, the i-Citra withdrawal facility was introduced as part of the PEMULIH stimulus package as a temporary relief measure for the Malaysian public while the country continues to grapple with the economic impact from Covid-19. It is also the third of such assistances rolled out by the EPF, with the first two being i-Lestari and i-Sinar. Applications for the i-Citra facility were previously set to begin on 15 July 2021, and will remain open until 30 September 2021.
If you have any enquiries regarding the i-Citra withdrawal facility, you can contact the EPF via its i-Citra hotline at 03-8922 4848. Alternatively, you can head on over to the EPF’s i-Citra Online website here for more information or to begin the application process.
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May I ask why it’s only limited to 55 & below? Those over 55 does not require money?