New regulations for withdrawing housing provident funds in Shenzhen in 2024: 1. Adjustment of withdrawal conditions: According to the new regulations, Shenzhen citizens no longer need to submit a house purchase contract or rental contract when withdrawing housing provident funds.

2. Increase in the withdrawal limit for first-time home buyers: For first-time home buyers, the new regulations increase the withdrawal limit to 80% of the provident fund account balance, with a maximum limit of 2 million yuan.

3. Loose conditions for rent withdrawal: The new regulations also loosen the conditions for rent withdrawal, extending the maximum period for rent withdrawal to 10 years.

4. Restrictions on withdrawals for second home purchases: The new regulations set some restrictions for citizens who purchase homes for the second time.

When citizens purchase a second home, they can only withdraw 50% of the balance in their provident fund account, with a maximum limit of 1 million yuan.

5. Preferential policies for commercial pension insurance withdrawals: The new regulations also provide preferential policies for commercial pension insurance withdrawals.

When citizens purchase commercial pension insurance, they can withdraw 50% of their provident fund account balance to pay premiums, up to a maximum of 500,000 yuan.

Provident fund withdrawal process in 2024: 1. Individual application.

First, you need to submit a written application to the Provident Fund Center, fill in the "Housing Provident Fund Withdrawal Approval Form" and "Housing Provident Fund Payment Voucher", and provide the originals and copies of the required supporting documents.

2. Unit review.

3. Approval by the housing provident fund management agency.

4. Go through the withdrawal procedures.

To sum up, the new regulations of the Shenzhen Housing Provident Fund Management Center have made a series of adjustments and optimizations to the withdrawal of provident funds, aiming to better meet the housing needs of citizens.

These adjustments include adjustments to withdrawal conditions, an increase in the withdrawal amount for first-time home purchases, loosening conditions for rental withdrawals, restrictions on withdrawals for second home purchases, and preferential policies for withdrawals from commercial pension insurance.

Legal basis: Article 38 of the "Housing Provident Fund Management Regulations" If an employee has any of the following circumstances, he or she may withdraw the balance in the employee's housing provident fund account: (1) Purchasing, constructing, renovating, or overhauling a self-occupied house; (2)

) Retirement or retirement; (3) Completely losing the ability to work and terminating the labor relationship with the unit; (4) Terminating the labor relationship with the unit and moving the registered permanent residence out of this city or settling abroad; (5) Repaying the principal and interest of a personal housing loan

; (6) Rental housing for self-occupation; (7) Other situations stipulated by laws and regulations.