Housing provident fund use:

Use 1: buying a house

If you don't borrow money to buy a house, you can withdraw the provident fund at one time; Commercial loans can draw provident fund for down payment; Commercial loans to buy a house can be withdrawn from the provident fund to repay the principal and interest; Provident fund (portfolio) loans can be used to withdraw provident fund to repay principal and interest.

Use 2: Building renovated and overhauled houses.

In rural collective land construction, renovation, overhaul of their own housing and the use of housing loans, employees and their spouses can apply for withdrawal of the amount of provident fund before the month of building approval (including the month), and the total withdrawal does not exceed the cost of building.

Use 3: renting a house

The use of provident fund to pay rent or government rent subsidies for economic rental housing rent; Pay the market rent with the provident fund.

Use 4: Parents buy houses for their children.

If you buy a house by yourself and don't use a housing loan, you can withdraw your parents' provident fund; Use a personal housing loan from a commercial bank to purchase your own house, and you can withdraw your parents' provident fund after paying the down payment; Buy your own house with a personal housing provident fund (portfolio) loan, and you can withdraw your parents' provident fund after paying the down payment.

Usage 5: You can withdraw all the balance after closing the account.

Divorce or retirement; Workers with agricultural household registration, men over 60 years old and women over 55 years old; Settled abroad, Hong Kong, Macao and Taiwan; Completely lost the ability to work, mostly lost the ability to work or severely disabled, and dissolved or terminated the labor relationship with the unit; Receive unemployment insurance benefits; Being sentenced to punishment, the laborer whose registered permanent residence moved to the city or non-city dissolved or terminated the labor relationship with his unit; The housing provident fund account has been transferred to the centralized storage account for 2 years or the labor relationship with the original unit has been terminated for 2 years; If you work outside the administrative area of your city and establish and deposit housing provident fund locally, you can cancel your account and withdraw all the balance of the provident fund.