Legal basis: The Regulations on the Administration of Housing Provident Fund stipulates that the depositor of housing provident fund shall enjoy the following rights after paying the housing provident fund in accordance with relevant regulations:
First, the employee housing provident fund bears interest according to the regulations of the People's Bank of China.
Second, the employee housing provident fund is exempt from personal income tax.
Third, the employee housing provident fund is exempt from interest tax.
Fourth, the housing accumulation fund in the account can be withdrawn according to regulations.
Fifth, when employees have insufficient funds to purchase, build, renovate or overhaul their own houses, they can apply for housing provident fund policy loans.
Sixth, employees can inquire about the deposit and use of individual housing provident fund.
Seventh, employees have the right to supervise the housing provident fund management institutions.