The monthly provident fund deposit amount is not the part paid by the individual, but the part paid by the company and the individual together. For example, your provident fund deposit amount is 1,200 yuan per month, then the individual pays 600 yuan, and the company pays you 600 yuan, which adds up.

That’s 1,200 yuan. All of this 1,200 yuan is transferred into the provident fund’s personal account. There is no overall provident fund account. The housing provident fund needs to be paid by both the unit and the individual. The amount that the unit needs to pay each month and the amount that the individual needs to pay each month are distributed in proportion.

The housing provident fund contribution amount is composed of the total contributions from units and individuals.

The monthly provident fund payment amount is not the part paid by the individual, but refers to the part paid by the company and the individual together.

The monthly housing provident fund payment amount is calculated based on the employee's average monthly salary in the previous year multiplied by the housing provident fund payment ratio. The payment ratio is between 5% and 12%. For example, your average monthly salary in the previous year was 8,000 yuan.

The company's contribution ratio is 5%, so your monthly provident fund contribution is 800 yuan, of which you pay 400 yuan and the company pays 400 yuan.

Note: 1. The average monthly salary of the previous year refers to all salary income received by employees, including wages, bonuses, subsidies, allowances, overtime pay, etc.

2. The deposit ratio shall not be less than 5%.

The specific ratio is stipulated by the local government.

Housing provident fund house purchase process 1. Submit a provident fund loan application. The borrower submits a loan application to the provident fund management center as required and provides the information required for the loan.

2. Preliminary review by the provident fund loan core. After the provident fund management core accepts the borrower's application, it will review the borrower's qualifications, loan amount, loan term, loan information and other information, and give opinions.

3. Credit investigation of provident fund loans. After the preliminary review by the provident fund management core, the bank undertaking the provident fund loan will conduct a pre-loan credit investigation of the borrower.

After the investigation is completed, the lending bank will provide opinions and fill out the "Individual Housing Provident Fund Loan and Portfolio Loan Investigation and Approval Form" and submit it to the relevant personnel for approval.

4. Sign a provident fund loan contract. If the borrower passes the review, you will receive a notification from the loan undertaking bank.

At this time, the borrower only needs to bring his ID card, account book, bank account number and other information within the specified time to the undertaking bank to sign the loan contract.

5. Go through the house insurance and mortgage registration procedures. After signing the loan contract, the borrower needs to go through the insurance and mortgage registration procedures as required, and the resulting costs will be borne by the borrower himself.

6. Waiting for the transfer of the provident fund loan. After confirming that the mortgage registration has been completed and the loan contract has come into effect, the loan undertaking bank will transfer the loan to the account jointly designated by the borrower and the house seller on the date stipulated in the contract, and return the loan to the account.

The bill is sent to the borrower.

To sum up, this is the editor’s answer to the question: Is the monthly payment of housing provident fund a part of the personal contribution? I hope it can help you. Legal basis: "Regulations on the Administration of Housing Provident Fund" Article 16 Monthly payment of housing provident fund for employees

The amount is the employee's average monthly salary in the previous year multiplied by the employee's housing provident fund contribution ratio.

The monthly payment and deposit amount of the housing provident fund paid by the unit for its employees is the employee's average monthly salary in the previous year multiplied by the unit's housing provident fund payment and deposit ratio.

Article 18 The contribution ratio of employees and units to the housing provident fund shall not be less than 5% of the employees' average monthly salary in the previous year; in cities with conditions, the contribution ratio may be appropriately increased.

The specific payment ratio shall be formulated by the Housing Provident Fund Management Committee, and shall be submitted to the people's government of the province, autonomous region, or municipality directly under the Central Government for approval after review by the people's government at the same level.