CPFB | I overpaid the late payment interest. Must I apply for a refund of the excess amount?

Scheduled maintenance: CPF digital services are unavailable on 5 Apr 2026, from 12am to 8am. We apologise for the inconvenience caused.

I overpaid the late payment interest. Must I apply for a refund of the excess amount?

CPF Board will automatically refund the excess late payment interest to:

Your bank account maintained with the Board if you have an existing Direct Debit arrangement with the Board; OR
Your Corporate PayNow bank account.

You will receive a letter informing you of the outcome of the refund.

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