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How does ElderFund works?


Updated by AIC

If you qualify, you can receive up to $250 cash a month for as long as you meet the criteria.

After you submit your application, we may take up to four weeks to process it. You will be informed about the outcome in writing via mail.

Once approved, payouts will be made to the nominated bank account in the following month. This may include payouts from the month the application was submitted. The payouts will be reflected as “ElderFund” in your bank statement.

In the event of any conflict, inconsistency or domestic dispute regarding the nominated bank account, the payouts may be suspended or ceased.


Please click here for more information on ElderFund.

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