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Govt finalising EPF Account 2 Support Facility programme

This article is 2 years old

The government is finalising the Account 2 Support Facility Programme for Employees Provident Fund (EPF) members to obtain cash resources without having to withdraw from their EPF savings.

The Finance Ministry said in a statement today that the initiative will provide facilities for EPF members to use their savings balance in Account 2 as a backup to obtain financing from banking institutions.

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