1. The process of housing provident fund withdrawal is as follows:

1. Bring my valid ID card and relevant information required for provident fund withdrawal to the local provident fund management center to go through the provident fund withdrawal procedures, fill out the application form for provident fund withdrawal as required, and submit the information required by the provident fund management center;

2. The housing provident fund management center will review the information provided by users after receiving the used extracted information;

3. after the approval, the housing provident fund management center informs the drawer to sign the provident fund withdrawal agreement and go through the withdrawal procedures, and then the public housing provident fund management center will transfer the withdrawal funds to the bank card account designated by the drawer.

2. Although the provident fund supports withdrawal, there are also conditions. Generally, there are only the following situations to apply for withdrawal of housing provident fund:

1. Housing needs to be withdrawn. If the depositor of provident fund needs to buy a house, build a house, decorate or overhaul his own house, he can apply for a one-time withdrawal of personal account provident fund. In addition, if the depositor of the provident fund currently has a commercial housing loan to repay, he can apply for withdrawing the provident fund to repay the principal and interest of the housing loan. If the depositor currently rents a house and the housing rent exceeds a certain proportion of the family income, he can advance the provident fund for renting expenses;

2. Extraction of major diseases. If the depositor or his family members suffer from major diseases or need major surgery, they can apply for extracting the provident fund to pay for medical expenses, which can reduce the financial burden of the patients' families;

3. Withdrawal of living expenses. If the depositor of the provident fund is a low-income household or a poor household, then under this condition, employees can apply for withdrawing personal housing provident fund to subsidize their families;

4. Withdrawal of account cancellation. In the case of retirement, settlement abroad or death, the depositor of the provident fund can apply for cancellation of the provident fund account, and all the funds in the personal account can be withdrawn at one time.

Legal basis

Article 24 of the Regulations on the Management of Housing Provident Fund, employees can withdraw the storage balance in their housing provident fund accounts under any of the following circumstances:

1. Purchase, build, rebuild or overhaul their own houses;

2. Retired;

3. completely losing the ability to work and terminating the labor relationship with the unit;

4. Those who leave the country to settle down;

5. Repaying the principal and interest of the house purchase loan;

6. The rent exceeds the prescribed proportion of family wage income.