Personal provident fund loans can be borrowed up to 250 times the monthly provident fund payment.

1. Conditions for applying housing provident fund: individuals and their units must pay housing provident fund continuously for one year; the borrower has stable economic income, good credit, and the ability to repay the principal and interest of the loan; the borrower must have no less than the total amount of the loan when purchasing a commercial house.

30% of room price.

2. Housing provident fund application process: the lender prepares relevant information, fills out the loan application at the bank, and submits the materials; the lending bank confirms and reviews the information after receiving the application; after the review, the lending bank contacts the lender and signs the relevant contract; the bank

The loan is made and the lender fulfills its repayment obligations.

3. Materials required for a housing provident fund loan: household registration booklet of the borrower and his or her spouse; resident ID card of the borrower and his or her spouse; proof of the borrower’s marital status; proof of down payment for house purchase; credit status of the borrower and his or her spouse printed by the bank

Report; house purchase and sale contract or agreement that complies with legal requirements.