According to the relevant provisions of China's provident fund withdrawal, one of them is "purchase, construction, renovation or overhaul of owner-occupied housing", and you can apply for withdrawal of provident fund. However, it should be noted that although the provident fund can be used to buy a house, it cannot be directly used to pay the down payment for buying a house. You can only withdraw the provident fund after buying a house. This is the principle of using the provident fund, at least in most cities. There are of course exceptions, which will be explained in detail below.
1. Many cities stipulate that the provident fund cannot be used as the down payment for buying a house with a loan. For example, in Shanghai, the down payment must be self-owned, which means that the down payment must be made by the buyers themselves. It is not advisable to defraud the provident fund for other reasons.
2. Some cities can use provident fund as down payment.
However, not all cities have such regulations. When all cities required to use their own funds to pay the down payment, Jilin Province did the opposite and relaxed the conditions for withdrawing the provident fund. The Opinions on Relaxing the Conditions for the Use of Housing Provident Fund to Promote Housing Consumption proposes that employees and their spouses are allowed to withdraw the balance of the housing provident fund account to pay the down payment.
3. Policy housing can use provident fund as down payment.
Under normal circumstances, buyers who purchase affordable housing, low-rent housing, fund-raising cooperative housing and other policy housing can apply for a one-time withdrawal of housing provident fund from the employee's own account and transfer it to the employee's personal savings account to pay the down payment for the purchase.
4. Information to be provided for the first withdrawal of housing provident fund from the purchase of second-hand houses:
1, original and photocopy of the real estate license;
2. Original and photocopy of deed tax payment certificate;
3. Extract the original and photocopy of the employee ID card;
4. Withdraw the employee's own bank savings account;
5. When employees purchase commercial housing, affordable housing, cooperative housing, fund-raising housing and other self-occupied housing, they shall provide the following relevant certification materials when withdrawing the housing provident fund for the first time.
1, original and photocopy of the house purchase contract or house purchase agreement;
2. The original and photocopy of the purchase invoice;
3. Extract the original and photocopy of the employee ID card;
4. Withdraw the employee's own bank savings account.
In any of the following circumstances, employees may apply for withdrawal of the storage balance in the housing provident fund account:
1, purchase, build, renovate or overhaul the owner-occupied housing with ownership;
2. Repay the principal and interest of the house purchase loan;
3. renting a house for self-occupation;
4. Retirement (or reaching the statutory retirement age);
5, completely lose the ability to work, and terminate the labor relationship with the unit;
6. Go abroad to settle down;
7, non city registered permanent residence workers and units to terminate the labor relationship;
8, the account moved out of the city, and terminate the labor relationship with the unit;
9. Laid-off workers, male 45 years old (including 45 years old), female 40 years old (including 40 years old), laid-off and unemployed 12 months or more;
10. When an employee dies or is declared dead, his successor or legatee applies for withdrawing the balance stored in the employee's housing provident fund account.
legal ground
Article 25 of the Regulations on the Management of Housing Provident Fund
If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued.
Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.