Generally speaking, there are several risks in cashing in provident fund:

First, after the intermediary agencies withdraw the provident fund, they may abscond with the money and draw water with a sieve.

Second, the illegal withdrawal of provident fund may affect future provident fund loans after it is discovered. Units or individuals who illegally withdraw provident funds and forge, alter or buy or sell official documents, certificates and seals are also suspected of criminal offences. If the circumstances are serious, the maximum is more than 3 years 10 years.

Third, once an individual's illegal withdrawal behavior is discovered, the provident fund management center can recover it according to law, and the "intermediary fee" previously handed over to the intermediary will also be wasted. Mr. Chen mentioned above not only lost the agency fee, but also was restricted to withdraw the provident fund for three years.

Therefore, it is likely that finding someone to collect the provident fund will not be worth the loss. It is recommended to choose carefully and withdraw the provident fund according to the regulations.

According to the provisions of Article 24 of the Regulations on the Management of Housing Provident Fund, employees can withdraw the storage balance in their housing provident fund accounts in any of the following circumstances:

1, purchase, build, renovate and overhaul owner-occupied housing;

2. Repay the principal and interest of the loan for the purchase and construction of owner-occupied housing;

3. Renting self-occupied housing, and the rent exceeds a certain proportion of family wage income;

4. Retired;

5. Go abroad to settle down;

6. The employee dies or is declared dead;

7. Enjoy the urban minimum living guarantee;

8, completely or partially lose the ability to work, and terminate the labor relationship with the unit;

9. Other circumstances stipulated by the CMC in accordance with relevant laws and regulations.

The following materials shall be provided for the withdrawal of housing provident fund:

1. If the balance stored in the housing provident fund account is withdrawn, it shall be verified by the unit to which it belongs and a certificate of withdrawal shall be issued.

2. The employee shall apply to the housing provident fund management center for the extraction of housing provident fund with the extraction certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant;

3. If withdrawal is allowed, go through the payment formalities at the entrusted bank.

Provident fund centers around the country have stipulated different conditions and procedures for the withdrawal of provident fund. Please consult your local provident fund center.

How to set up a provident fund?

The steps of cashing the provident fund are as follows:

1, the provident fund user receives the Application Form for Individual Withdrawal of Housing Provident Fund stamped with the official seal of the employer;

2. Provident fund users provide ID number, name and bank where the provident fund account is located to the "cash company" through SMS.

3. The "cash-out company" shall go through relevant procedures, such as making and extracting the required certificates and invoices;

4. The two sides meet and withdraw the provident fund from the bank together. After "cashing out", the beneficiary of the provident fund pays about 7%~20% of the handling fee to the "cashing out company".

The consequences of "cashing in the provident fund"

1, for provident fund users

Buying and selling official documents, certificates and seals that illegally withdraw provident fund can be punished up to 3~ 10 years;

Those who use all kinds of forged documents to illegally obtain housing provident fund can be detained on 10~ 15 and fined 1000 yuan.

Precautions:

1. Customers can take their cards to the ATM machine and conduct related business operations according to the machine interface prompts.

2. If the card is not taken within 30 seconds after the card is returned, it will be swallowed; After returning the card, if you want to handle the self-service business, you should first take out the card and then follow the normal steps. If you push the card directly, it will be swallowed.

3. The password entered on the ATM is the withdrawal password, and the password required to be entered is 6 digits. If the password is less than 6 digits, add 0 to make up 6 digits. Customers are advised to set the withdrawal password to 6 digits. If the withdrawal password is less than 6 digits, they may not be able to withdraw money from ATM machines in different places.

How to take out the housing accumulation fund

Withdraw personal provident fund.

1, house purchase withdrawal. Go to the housing provident fund management center and apply for full withdrawal of the provident fund.

2. Withdraw the house purchase loan. If there is no constraint on the repayment of the provident fund, you can withdraw the provident fund once a year to repay the loan.

3. Rent a house and withdraw the provident fund. You can use the rental contract to withdraw the provident fund.

4. Extraction of house decoration. Provide the house decoration entrustment contract and related materials with the decoration company, and use the house decoration to extract your own provident fund.

This is the end of the introduction about the provident fund cash loan and whether it will affect the later housing loan. I wonder if you have found the information you need?