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How to cancel individual flexible provident fund?

The methods to cancel the individual flexible provident fund are as follows:

1. Log in to the online service hall (personal edition) or the mobile APP to find and initiate the provident fund withdrawal application;

2. enter the information query through the mobile APP, and select the interface for extracting progress query;

3. in the extraction progress query interface, select and execute the operation of canceling the extraction application;

4. the cancellation operation can only be performed before the approval of the provident fund management center.

Conditions for the use of the provident fund:

1. Employees must be in-service status, and units and individuals must pay the provident fund in full and on time;

2. When employees apply to use provident fund, their provident fund accounts must have sufficient balance;

3. When employees use the provident fund to purchase, build, renovate or overhaul their own houses, they need to provide relevant documents such as purchase contract and construction permit;

4. When employees withdraw the provident fund to repay the principal and interest of housing loans, they need to provide the loan contract and proof of repayment.

to sum up, the process of canceling the flexible provident fund for individuals includes logging in to the online service hall or the mobile phone APP to initiate the withdrawal APPlication, querying the withdrawal progress through the app, and canceling the withdrawal application before the approval of the provident fund management center.

Legal basis:

Regulations on the Management of Housing Provident Fund

Article 19

The housing provident fund paid by individual employees shall be withheld and remitted from their wages by their employers every month. The unit shall remit the housing provident fund paid by the unit and remitted for employees to the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank shall include it in the employee housing provident fund account.