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Measures of Karamay Municipality on the Extraction of Provident Fund
Karamay provident fund extraction mainly includes house purchase extraction, mortgage repayment extraction and serious illness medical treatment extraction. Different extraction methods correspond to different materials and procedures, please know in advance to ensure that the conditions are met and handled correctly.

The withdrawal of provident fund in Karamay refers to the behavior that individuals withdraw the corresponding amount from their own provident fund accounts for specific purposes during the period of depositing provident fund. At present, the common ways of extracting Karamay provident fund are as follows: 1. Purchase withdrawal: suitable for buying new or second-hand houses and building self-occupied houses. Need to provide relevant materials, such as purchase contract, ID card, bank card, etc. , and pay taxes and other fees as required. 2. Withdrawal of mortgage repayment: it is suitable for buyers to repay loans. Relevant materials, such as house purchase contract, house mortgage contract, bank flow, etc. , and pay taxes and other fees as required. 3. Medical extraction for serious illness: it is suitable for extraction when suffering from serious illness or medical expenses are high. Relevant materials, such as diagnosis, invoices, etc. , and pay taxes and other fees as required. Different extraction methods have slightly different conditions and operating procedures. Please know and prepare the corresponding materials and procedures in advance so as to handle them smoothly. In addition, according to the latest policy, the withdrawal amount of provident fund shall not exceed 50% of the balance of personal account.

Can I withdraw a variety of Karamay provident funds at the same time? You can't. According to Article 14 of the Regulations on the Management of Housing Provident Fund in People's Republic of China (PRC), an individual can only choose one withdrawal method at the same time.

The withdrawal of Karamay provident fund is the rights and interests of individuals during the period of paying the provident fund, but it needs to meet the prescribed conditions and procedures. Before withdrawing the provident fund, you need to know the requirements and restrictions of different withdrawal methods and choose according to your actual situation. At the same time, we need to strengthen our own risk awareness to avoid disputes and losses caused by improper extraction.

Legal basis:

"Regulations on the Administration of Housing Provident Fund in People's Republic of China (PRC)" Article 14 An individual can only choose one withdrawal method at the same time.