The housing provident fund is a long-term housing savings deposited jointly by the employer and employees. A friend wants to withdraw the provident fund after depositing it, but he doesn’t know what conditions need to be met and how to withdraw it. So how to withdraw the provident fund?

How to use it? Let’s find out together! How to withdraw and use the provident fund? 1. For offline withdrawal, the depositor should submit an application to the local provident fund center with his/her identity document and relevant certification materials. The provident fund management center will review and approve the relevant materials.

, print out the "Housing Provident Fund Withdrawal Application Approval Form" and submit it to the person in charge of the unit or the employee himself for confirmation. After the unit returns it with its official seal and stamps it, submit it to the Provident Fund Center to complete the withdrawal procedures.

In addition, relevant certification materials need to be organized according to the purpose of extraction. It is best to check the relevant data submission requirements of the local housing provident fund center to avoid missing data.

2 Online withdrawal There are many ways to withdraw online. Alipay, WeChat, China Construction Bank and the official website of the local housing provident fund management center can all apply for provident fund withdrawal procedures. Although the online operation steps of provident fund management centers in various places are different,

The overall process is similar. Just find the menu bar of "Provide Fund Withdrawal", click "Online Application" and then follow the relevant prompts to upload the information and complete the withdrawal application step by step.

What conditions need to be met for provident fund withdrawal?

According to Article 24 of the "Housing Provident Fund Management Regulations", employees can withdraw the balance in their provident fund accounts if they meet one of the following circumstances: (1) Purchasing, constructing, renovating, or overhauling their own housing; (2) Retired,

Retired; (3) Completely lost the ability to work and terminated the labor relationship with the employer; (4) Settled abroad; (5) Repaid the principal and interest of the home purchase loan; (6) The rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of Items (2), (3) and (4), if the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time.

If an employee dies or is declared dead, the employee's heirs or legatees can withdraw the balance in the employee's housing provident fund account; if there is no heir or legatee, the balance in the employee's housing provident fund account shall be included in the appreciation income of the housing provident fund.

It should be noted that the provident fund is earmarked and can only be used for housing-related purposes, such as purchasing, building, overhauling self-occupied housing or paying rent. The purpose is to provide low-interest housing provident fund loans to employees who have insufficient funds to purchase houses. If employees can

Withdrawing the provident fund at will or all at once will make it difficult to retain enough funds to meet the employees' needs for home purchase loans.

In other words, only by limiting the use and withdrawal amount of provident funds can we ensure that this long-term savings can be used for employees’ housing expenses.

The above is the answer to "How to withdraw and use provident fund". I hope it will be helpful to you.