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PM: Govt to allow EPF funds used as collateral to take bank loans
PARLIAMENT | The government will allow Employees Provident Fund (EPF) members, who are in dire financial states, to use their retirement funds as collateral for emergency loans, without the need to withdraw their savings.

Prime Minister Anwar Ibrahim, who is also the finance minister, said this will be allowed if the contributors have enough savings in their EPF accounts... 


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