According to the Housing Provident Fund Regulations, the housing provident fund paid by individuals and units shall bear interest from the date of deposit in the individual housing provident fund account. The housing provident fund stored in the current year bears interest at the current savings deposit rate, and the principal and interest of the housing provident fund carried forward from the previous year bear interest at the lump-sum withdrawal rate of three months, and the interest is settled on June 30 every year.

Newly established units shall, in accordance with the provisions, open accounts in time and pay housing provident fund for employees in full and on time. Your unit shall, within 30 days from the date of its establishment, handle the registration of housing provident fund deposit at the collection window of each management office affiliated to Qingdao Housing Provident Fund Management Center with relevant materials.

The requirements for opening an account are as follows:

1, a copy of the registration form for the remittance and payment of unit housing provident fund in Qingdao;

2. Original and photocopy of the organization code certificate (stamped with the official seal of the unit);

3, the party and government organs, institutions, social organizations or private non enterprise units issued by the unit establishment approval documents or legal person certificate and a copy of the original (stamped with the official seal of the unit); The original and photocopy of the business license issued by the enterprise (stamped with the official seal of the unit);

4. Two signature cards have been reserved.

Extended data

The interest rate of provident fund loans is set by the People's Bank of China, which is different from the benchmark interest rate of commercial bank loans.

Following the central bank's announcement of interest rate cut, on the morning of August 26th, 20 15, Beijing Housing Provident Fund Management Center issued a notice of interest rate cut: starting from 26th, the deposit and loan interest rate of Beijing Housing Provident Fund will be lowered. The interest rate of provident fund loans for five years and below is lowered from 3% to 2.75%; The interest rate for loans over five years was lowered from 3.5% to 3.25%. This is the fourth time this year that the [9] provident fund has cut interest rates.

According to the notice, individual housing provident fund loans issued before August 26th (excluding) within 1 year (including 1 year) will still be subject to the original interest rate after August 26th, and interest will not be accrued by installments; For individual housing provident fund loans with a term of more than 1 year, the original interest rate will still be implemented after August 26th, and the adjusted provident fund loan interest rate will be implemented from 65438+ 10/next year.

For individual housing provident fund loans issued after August 26th (inclusive), the adjusted interest rate will be directly implemented. For individual housing provident fund loans with different repayment methods, the new monthly repayment amount is determined according to the corresponding repayment formula.

For individual housing provident fund loans that have signed loan contracts and the loan date is after August 26 (inclusive), individual housing provident fund loans can be issued only after the borrower signs the notice of adjusting the loan interest rate.

According to calculation, after the interest rate of provident fund loans is lowered, the monthly payment of1100,000 20-year loans can be reduced 1.28 yuan, and the total interest during the 20-year loan period can be reduced by 30,633 yuan. Since the beginning of this year, more than 100 cities across the country have issued policies to loosen the provident fund, and more than 30 cities such as Beijing and Shanghai have also increased the amount of provident fund loans. In addition, from the perspective of the Beijing market, continuous interest rate cuts, especially changes in policies such as provident fund, are expected to continue to have a greater increase in the property market.

Reference source

Sogou encyclopedia-housing surplus