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Can the provident fund buy a car? What are the specific uses of the provident fund?
As the Spring Festival approaches, more and more people buy cars at this time. After all, cars are the most important means of transportation for our daily travel. But for some friends who are not well off, is it ok to consult the provident fund to buy a car? I believe people are more concerned about this problem. Let's go and have a look.

According to national regulations, housing provident fund can't buy a car at present. Because the establishment of provident fund in China is a welfare policy to solve the housing problem of residents, and car loans are generally aimed at commercial interests, if the housing provident fund can be used to buy a car, it will not meet the original intention of the state to set up housing provident fund.

It is understood that the main purposes of the provident fund now are: buying, building, rebuilding and overhauling self-occupied houses, repaying the principal and interest of home purchase loans, and subsidizing the rent that exceeds the family wage income. So remind everyone that if a company is using the guise of buying a car to withdraw funds, it must be vigilant.