1. Employees who have paid housing provident funds in full and continuously for a specified period of time (usually 6 months or more than 12 months) to buy a house can apply to the Housing Provident Fund Management Center for housing when purchasing, constructing, renovating, or overhauling their own homes.
Provident Fund Loans.
In addition, paying employees can also apply for housing provident fund off-site loans to buy a house.
Employees who pay housing provident fund deposits and purchase a house outside the place where the housing provident fund is deposited can apply for a personal housing loan from the housing provident fund management center of the place where the house is purchased according to the personal housing loan policy of the housing provident fund in the place where the house is purchased.
The Housing Provident Fund Management Center in the place of deposit is responsible for issuing the "Certificate of Payment and Use of Housing Provident Fund for Employees with Loans in Other Places".
2. Withdrawal and deposit for house purchase Employees who purchase a self-occupied house can apply to withdraw the balance in the housing provident fund account, and the withdrawal amount cannot exceed the purchase amount.
When handling the withdrawal process for purchasing a house, you can withdraw your spouse’s housing provident fund at the same time.
Some cities have relaxed the conditions for withdrawing housing provident funds for home purchases. Employees can not only withdraw the balance in their spouse's housing provident fund account, but also withdraw the housing provident funds of their parents or children.
In addition to applying for loans to buy houses in other places, the housing provident fund can also be used to withdraw money from buying houses in other places.
Employees who purchase a house outside the place of deposit can apply to withdraw the balance in the housing provident fund account, and the withdrawal amount cannot exceed the purchase amount.
Some cities also allow housing provident funds to be withdrawn to pay for the down payment of a house.
For example, Qingdao City stipulates that if employees purchase affordable housing and have not paid the down payment, they can apply to withdraw the housing provident fund of themselves and their spouses to pay the down payment.
The housing provident fund that can be withdrawn according to regulations will be directly transferred to the collection account of the housing unit by transfer from the Municipal Housing Provident Fund Management Center.
3. Withdrawal and repayment of housing loans The balance in the housing provident fund account can be withdrawn to repay housing loans, including commercial housing loans, provident fund loans and combination loans.
Employees who handle the provident fund withdrawal and loan repayment business can apply for entrusted withdrawal and loan repayment, that is, the provident fund center is entrusted to withdraw the storage balance in the housing provident fund account to repay personal housing loans.
There are two methods of entrusted withdrawal and loan repayment: entrusted withdrawal and repayment on a monthly basis and entrusted withdrawal and repayment on an annual basis.
Employees who handle entrusted withdrawal business generally include borrowers and spouses, as well as co-borrowers and spouses who have property rights.
The housing provident fund can be withdrawn not only to repay local housing loans, but also to repay home purchase loans in other places. The amount withdrawn shall not exceed the total principal and interest of the loan actually repaid.
If an employee repays part (or all) of the home purchase loan in advance, he or she can withdraw the balance in the housing provident fund account of the month stated in the early repayment voucher, and the withdrawal amount shall not exceed the early repayment amount.
4. Withdrawal and Payment of Rent If an employee does not own a house but rents a house in the place where the housing provident fund is paid, and has paid and deposited the housing provident fund in full for the specified period (usually 3 months), he or she may apply to withdraw the balance in the housing provident fund account for use.
To pay rent.
There are limits on the withdrawal amount in various places.
Generally, employees and spouses can withdraw once a year.
5. Employees who have paid into the housing provident fund for housing decoration can apply to withdraw the amount in the housing provident fund account for housing decoration, or apply for a housing provident fund decoration loan.
However, the housing provident fund decoration withdrawal business and decoration loan business are currently not applicable to housing provident funds in various places.
As a new business, whether renovation withdrawals or loans are feasible depends on the specific regulations of the local housing provident fund management center.
6. Withdrawal and payment of property management fees The housing provident fund can also be withdrawn and paid for property management fees.
However, like decoration withdrawals, housing provident fund property management fee withdrawals are also new businesses.
At present, most cities have relaxed the conditions for withdrawing housing provident funds and added situations for consumption withdrawals.
Therefore, it is feasible to withdraw housing provident funds to pay property management fees in most cities across the country.
7. Withdrawal and Payment of Medical Expenses If an employee or his family members (spouse and minor children) suffers from a major illness or undergoes a major surgery, he or she may apply to withdraw the amount in his or her housing provident fund account to pay for self-pay after reimbursement of social insurance medical expenses.
part.
The identification standards for major diseases shall be subject to those stipulated by the local housing provident fund management centers.
8. Withdrawal can be made for family life difficulties. Employees whose families encounter major emergencies (such as car accidents, fires, earthquakes, accidental personal injuries, etc.) that cause family life difficulties, or whose families enjoy the minimum living security for urban residents, can apply to withdraw their housing provident fund accounts.
balance within.