Benefits of housing provident fund:?

1. You can use provident fund loans as loans to buy commercial housing, and the interest rate is much lower than that of ordinary mortgages. ?

2. The provident fund does not pay any tax, and it is not included in the total tax payment. In fact, it is a disguised tax reduction. ?

3. The provident fund consists of individuals and enterprises, which is a kind of welfare. ?

4. If you have already bought a house, you can withdraw the provident fund with the housing invoice.

If you continue to pay the housing provident fund for more than one year, you can use the housing provident fund for housing loans. For borrowers who purchase ordinary self-occupied houses for the first time and have two or more people participating in the loan,

Extended data

Long-term housing savings paid by commercial investment enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

From July, 20 17 1 day, the transfer and connection of housing provident fund in different places are all handled through the "National Platform for Transfer and Connection of Housing Provident Fund in Different Places". Gradually realize "accounts go with people, money goes with accounts". At the same time, we will vigorously promote off-site loan services to meet the funding needs of paid employees for cross-regional housing purchases.

20 16, 18 On February 8th, according to the Notice of the Central Bank, the Ministry of Housing and Urban-Rural Development and the Ministry of Finance on Perfecting the Formation Mechanism of Deposit Interest Rate in Employees' Housing Provident Fund Account, the deposit interest rate in employees' housing provident fund account was adjusted from the current benchmark interest rate for current and three-month deposits divided by collection time to the unified benchmark interest rate for one-year time deposits on February 2nd.

Baidu Encyclopedia: Provident Fund