The upper limit of provident fund payment in Beijing is 12%. The details are as follows: 1. The upper limit of provident fund payment in Beijing is 12%, and the maximum monthly payment is 28,221 yuan.

The provident fund can not only be used when buying a house, but if you rent a house in Beijing, you can also apply to receive the provident fund through the rental contract or the invoice for paying the rent.

Beijing's 2023 housing provident fund housing provident fund will continue to implement the payment ratio policy of 5% to 12%, and depositing units can independently determine the specific payment ratio within the prescribed range based on their own economic conditions; 2. Housing provident fund payment for the 2023 housing provident fund

The upper limit of the base is 28,221 yuan, the lower limit of the monthly payment base is 2,320 yuan, and the lower limit of the monthly payment base for employees receiving basic living expenses is 1,624 yuan.

In addition, starting from August 1, 2021, for newly accepted housing provident fund personal housing loans, the monthly basic living expense standard used to calculate the loan amount of the borrower applicant shall be 1,624 yuan.

What is Provident Fund?

The monetary form of housing allocation generally refers to the housing provident fund. The housing provident fund refers to state agencies and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social groups and

Its current employees make equal contributions to long-term housing savings.

Starting from July 1, 2017, all housing provident fund management centers across the country will handle the off-site transfer and continuation of housing provident funds through the platform in accordance with the requirements issued by the Ministry of Housing and Urban-Rural Development.

On July 1, 2021, the People's Republic of China and the Ministry of Housing and Urban-Rural Development determined the national housing provident fund service logo and decided to activate it from now on.

In 2021, various housing provident fund businesses across the country operated smoothly, with housing provident fund deposits of 2,915.687 billion yuan, and 66.1121 million people withdrawing housing provident funds of 2,031.613 billion yuan.

To sum up, the housing provident fund interest is transferred to the housing provident fund principal, the interest earned is incorporated into the principal, and no interest tax is levied on individual housing provident funds.

Legal basis: Article 16 of the "Regulations on the Administration of Housing Provident Fund": The monthly payment and deposit amount of employees' housing provident fund is the employee's average monthly salary in the previous year multiplied by the employee housing provident fund payment and deposit 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.