Connect with us

News

Budget 2026: Malaysians Can Withdraw Up to RM10k from Their KWSP Savings to Perform Hajj

Published

Collage 37
Source: Anwar Ibrahim | Facebook & hikrcn | 123RF

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Prime Minister Datuk Seri Anwar Ibrahim shared a lot of details during the tabling of Budget 2026 yesterday (10 October) in Parliament, and one of them revolves around the Employees’ Provident Fund (KWSP) withdrawals.

The withdrawal for the purpose of performing Hajj is now increased to RM10,000, as compared to the previous RM3,000.

558540268 1391040049044225 3129615799311946857 N

 

Malaysians can withdraw up to RM10,000 for the purpose of performing Hajj

“The government has agreed that the EPF withdrawal limit for the purpose of performing the Hajj pilgrimage be increased to RM10,000 instead of RM3,000,” the Prime Minister said.

Anwar, who is also the Finance Minister, said that for civil servants, the facility for early withdrawal of GCR for the purpose of performing Hajj is limited to redemption of RM10,000 with an allocation of RM10 million.

43110749 L

GCR for civil servants stands for Gantian Cuti Rehat (Leave Replacement), a post-employment benefit that pays a cash award for accumulated, unused leave.

Despite the cry for another round of KWSP withdrawal for personal use, which was done previously via the i-Citra withdrawals, Anwar had highlighted in the past that another KWSP withdrawal for personal use is not happening.

However, the government had introduced Account 3 earlier this year. Account 3, also known as the Flexible account, allows users to access their savings at any time for emergency and urgent needs, subject to terms and conditions.

The Flexible account takes 10% of the user’s monthly KWSP contribution.

What do you think of the increase in KWSP withdrawals for Hajj purposes?

 

Also read: Budget 2026: Prices of Cigarettes to Increase by 2 Sen per Stick, Cigars RM40 per kg Starting Nov 2025

Collage 36

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Dd Ft 29 Dd Ft 29
News5 hours ago

Court Overturns RM5,500 Fine for Vellfire Driver Who Assaulted Elderly Man, Sentenced to 4 Months’ Jail Instead

A 52-year-old businessman was hit with a RM5,500 fine by the Magistrate’s Court after pleading guilty to two charges of...

Collage 68 Collage 68
News8 hours ago

“Dr Sam for Malaysia” – PAS Youth Names T’ganu MB as PM Candidate, Says State Prospered Under Him

With the 16th General Election (GE16) expected to be approximately two years away, the Malaysian Islamic Party (PAS) Youth wing...

Collage 66 Collage 66
News1 day ago

No Respite for Commuters as LRT Kelana Jaya Line Suffers ANOTHER Disruption After Morning Delay

The LRT Kelana Jaya line faced yet another service delay this evening (24 February), just hours after commuters were disrupted...

Dd Ft 21 Dd Ft 21
News1 day ago

DBKL Returns Seized ‘Street Dakwah’ Items After M’sian Preacher Meets with PMX’s Political Secretary

Kuala Lumpur City Hall (DBKL) recently confirmed that there was a breach of regulations involving a tent set up by...

Dd Ft 20 Dd Ft 20
News2 days ago

Johor City Council Slaps Bazaar Representative With Warning After Tables & Chairs Found in Drain

The Pasir Gudang City Council (MBPG) has taken immediate action against an organiser’s representative in Johor over issues involving their...

Dd Ft 18 Dd Ft 18
News2 days ago

Deputy Home Minister Warns That PDRM Officers Who Refuse Police Reports Can Be Sacked

Deputy Home Minister Datuk Seri Shamsul Anuar Nasarah has warned that Royal Malaysia Police (PDRM) officers who refuse to accept...

Dd Ft 17 Dd Ft 17
News2 days ago

LRT Kelana Jaya Line Disrupted After Several Trains Taken Out of Service Early This Morning

The LRT Kelana Jaya Line experienced disruptions earlier this morning (23 February) during peak hours after several trains were temporarily...

Rafizift Rafizift
News3 days ago

“I am here to be accountable to voters” – Rafizi Reveals He Will Defend Pandan Seat in GE16

Recently, former economy minister Datuk Seri Rafizi Ramli revealed that he will remain active in politics and will defend the...

Announcement

Latest Videos



TRENDING TODAY