Shanghai’s provident fund can buy a house in Suzhou.

This is an off-site provident fund loan. For provident fund loans in other places, the applicant himself or entrusting others should apply to the provident fund management center of the city where the provident fund is deposited. The depositing city will verify the loan deposit status based on the applicant's application. For personal housing loans that have not used the housing provident fund or are for the first time Applicants whose housing provident fund loans have been settled shall issue proof of deposit and use of housing provident fund for employees with loans from other places.

Remote provident fund loan process:

1. The provident fund loan business in each city will be different, so applicants must first go to the provident fund management center in their city for business consultation in advance. And ask clearly what materials are needed, etc. The applicant then submits an application to the provident fund management center in the city where the deposit is made. The provident fund management center will review the applicant's situation and issue a certificate of deposit and use of housing provident fund for employees with off-site loans;

2. Loan city After receiving the applicant's application, the provident fund management center will verify the completeness and authenticity of the housing provident fund payment and use certificate for employees with off-site loans to the provident fund management center in the city where the deposit is made. If the verification is correct, the loan approval procedures will be performed in accordance with regulations, and Feed back the results to the provident fund management center of the city where the deposit is made;

3. If the applicant’s personal account of the housing provident fund is transferred during the repayment period of the provident fund loan in another place, the original provident fund center of the city where the deposit is deposited should promptly inform the lending city The housing provident fund management center and transferred to the urban provident fund center, and the off-site provident fund loans are re-marked and recorded in a timely manner.

Provide fund loans need to meet the following conditions:

1. Individual provident fund payment base requirements. The minimum deposit base stipulated by different regions and banks is different, but it is generally above 1,000 yuan. Normally, the maximum provident fund loan amount is related to the individual provident fund payment base. The higher the payment base, the higher the loan amount;

2. Provident fund payment time requirements. The deposit time stipulated by different regions and banks is different, generally ranging from more than 6 months to more than 1 year. Generally speaking, the longer the provident fund payment period, the higher the loan amount;

3. Personal credit status requirements. Borrowers with good personal credit and no bad credit records are more likely to obtain provident fund loans;

4. Age requirements for home buyers. The minimum and maximum ages stipulated by different regions and banks are different, but they are generally between 22 and 65 years old.

To sum up, the specific policies and regulations of different regions and banks may be different. It is recommended that individuals consult their local bank or inquire about relevant policies and regulations before applying for a provident fund loan.

Legal basis:

Article 25 of the "Housing Provident Fund Management Regulations"

If an employee withdraws the balance in the housing provident fund account, the unit where he works shall Verify and issue withdrawal certificate.

Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.