The withdrawal of housing provident fund in different places must follow the prescribed procedures. In two cases, the permanent residence outside the city and retirees, other types of extraction must be audited by the provident fund management center. Employees can go to the bank for withdrawal only after submitting relevant documents and checking and stamping them. Non-local registered employees and retired employees who terminate their labor relations can directly withdraw from the bank without the examination of the provident fund center. When handling the entrusted loan repayment business of provident fund, the borrower and spouse need to go to the provident fund center or office for approval in person.

Provisions on the use of provident fund:

1. Purchase withdrawal: When purchasing, building, renovating or overhauling a self-occupied house, you can apply for withdrawal of provident fund;

2. Rent withdrawal: if you rent a house at the deposit place, you can withdraw the provident fund to pay the rent according to the regulations;

3. Loan repayment withdrawal: if it is used to repay the principal and interest of the house purchase loan, you can apply for withdrawal of the provident fund;

4. Retirement withdrawal: When employees retire, they can withdraw the balance of the provident fund account at one time;

5. Withdrawal from resignation: employees who leave their jobs and are temporarily unemployed may apply for withdrawal from the provident fund;

6. Transfer in different places: if employees move across the overall planning area, they can apply for the transfer of provident fund accounts;

7. Repayment of rental housing loans: If employees rent housing and get loans, they can withdraw the provident fund to repay the loan principal and interest;

8. Treatment of major diseases: employees or their immediate family members suffering from major diseases can withdraw provident fund to pay medical expenses;

9, completely lose the ability to work and terminate the labor relationship with the unit, you can withdraw the provident fund;

10. If an employee dies or is declared dead, his successor or legatee may withdraw the provident fund.

To sum up, foreign workers need to follow a specific process to withdraw housing provident fund locally. Except for resignation and retirement, other situations must be audited by the provident fund center, and the entrusted loan repayment business needs the personal approval of the borrower and spouse to ensure the compliance of the withdrawal procedures.

Legal basis:

Regulations on the administration of housing provident fund

essay

The housing accumulation fund paid by individual employees and the housing accumulation fund paid for employees by the unit where the employees work belong to individual employees.