How long does it take to process the application for withdrawal of my CPF savings and for the monies to be paid to my bank account?
The service standards to process your withdrawal application are stated in the table below:
Bank account
|
Normal processing time
|
PayNow NRIC-linked bank account
|
Generally immediate
|
Bank account provided under your Account settings
|
Up to five working days from date of submission
|
If you have submitted an application to withdraw your Retirement Account savings with HDB/private property pledge, it will generally take up to seven working days from date of submission/after the charge has been lodged.
The normal processing time stated excludes the time taken to perform verification checks and/or obtain more information from our service partners (if applicable).
