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Housing provident fund is drawn quarterly, how can it be raised at one time?
Account cancellation on a quarterly basis can be fully cancelled.

Housing accumulation fund extraction process:

1. The unit shall verify and issue the extraction certificate;

2 workers with proof of extraction to the housing provident fund management center to apply for extraction of housing provident fund;

3 housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant;

4. If the withdrawal is approved, the entrusted bank shall go through the payment procedures.