Epf Self Contribution Maybank
Selected epf offices nationwide.
Epf self contribution maybank. Monthly contribution rate third schedule the latest contribution rate for employees and employers effective january 2019 salary wage can be referred in thethird schedule epf act 1991 employers are required to remit epf contributions based on this schedule. And do take note that you will need to fill in form kwsp 6a 1. There are many advantages of epf self contribution. Instead of i saraan i suri just remember to choose self contribution from the options.
Rm 2000 x 15 rm 300 a maximum of rm 250 per year do take note that there are two schemes under epf for self employed members. The epf contribution is not limited to those required under the epf act 1991. The rest is history will take 2 3 days for this amount to be reflected in your kwsp i account. I hope my sharing above on how to pay epf i saraan online through maybank is beneficial to you.
Sendirian berhad and would like to make your staff epf contributions online. At present time you can make epf self contribution via cash cheque money order and online banking through the following channels. Securing retirement with self contribution. If you want to get the 15 government contribution make sure you apply for i saraan account.
Go under investment look for epf register your epf number name ic you will get a tac from maybank to confirm the registration. You can also register other epf accounts to make payment online. Voluntary participation of those who are not covered under the epf act is strongly encouraged. However the maximum of transaction is rm 60 000 yearly.
And for epf self contribution there is no matching incentive of 15 maximum of rm250 per year from the government. In a press statement epf announced that its members can now voluntarily contribute any amount of money to their accounts via the 1malaysia retirement scheme sp1m self contribution or the top up savings contribution scheme. A person or a owners who do not get salary own business is encouraged to participate the epf self contribution. We can pay epf or kwsp ourselves self contribution online using maybank2u.
How you can make your epf self contribution.