After the transfer of the provident fund in different places, the original account amount will be directly transferred to the new provident fund account. If you want to withdraw money from your account, you can apply on the basis of meeting the withdrawal conditions, or you can keep it in your account without withdrawing it. The money in the account is calculated at the current interest rate.
Before operating the transfer of provident fund, all the money already paid must be sealed in the account through the unit, and then the transfer formalities can be handled, so that the provident fund will not be short of money during the transfer process. After the transfer of the provident fund, the balance in the account can be used to apply for a loan. The premise of the transfer of provident fund is that the new employee must have opened an account to pay the provident fund.
What is provident fund?
The monetization form of housing distribution generally refers to housing accumulation fund.
Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.
From July, 2065438 to July, 2007, all housing provident fund management centers in China will handle the transfer and connection of housing provident fund in different places through the platform according to the requirements issued by the Ministry of Housing and Urban-Rural Development. On 202 1 July1day, the Ministry of Housing and Urban-Rural Development of the People's Republic of China confirmed the national housing provident fund service logo and decided to start it from now on.
In 20021year, all the businesses of the national housing provident fund operated smoothly, with the housing provident fund deposit of 2.915.687 billion yuan and the housing provident fund withdrawal of 6610.2103 million yuan for ten thousand people.
To sum up, the transfer of provident fund generally does not deduct fees. The rules for applying for provident fund transfer in different regions may be different. Please consult the housing provident fund management center for details, and the reply from the housing provident fund management center shall prevail.
Legal basis:
"Regulations" of housing provident fund management sixteenth
The monthly deposit amount of employee housing provident fund is the average monthly salary of the employee in the previous year multiplied by the deposit ratio of employee housing provident fund.
The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.
Article 18
The deposit ratio of employees and unit housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.