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Can I withdraw the rental provident fund once a month?
Can I withdraw the rental provident fund once a month?

Rental provident fund can be withdrawn once a month, but certain conditions need to be met.

According to the "Regulations on the Management of Housing Provident Fund", if an employee has one of the following circumstances, he can withdraw the storage balance in the employee's housing provident fund account:

Purchase, construction, renovation and overhaul of owner-occupied housing;

Retired;

Completely lose the ability to work and terminate the labor relationship with the unit;

Settle abroad;

Repay the principal and interest of the house purchase loan;

Rent exceeds the prescribed proportion of family wage income.

To sum up, the rental provident fund can be withdrawn once a month, but the relevant conditions need to be met. The specific extraction conditions and procedures may vary according to regions and policies. For more detailed information, please consult the local housing provident fund management center or relevant institutions.

Legal basis:

The first paragraph of Article 24 of the Regulations on the Management of Housing Provident Fund stipulates: "Employees may withdraw the storage balance in the housing provident fund account under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income. "