1. If an employee has two or more housing provident fund accounts under the same unit, the applicant may directly apply for merger. After verification by the unit manager, the unit manager shall go through the merger formalities with the bank where the housing provident fund account is opened with relevant certification materials;
2. If employees have two or more abnormal deposit accounts in the same unit, individual employees shall go through the formalities of account merger with the bank where the housing provident fund is opened with relevant certification materials;
3. After going through the merger formalities, the merged housing provident fund account shall be deemed as cancelled. When the unit manager handles the withdrawal of housing provident fund for employees, the personal account storage amount in the consolidated account is consolidated and calculated in the final account.
Conditions for withdrawal of provident fund:
1. Time requirement for personal provident fund account deposit: Generally, personal provident fund account is required to be deposited for at least 6 months, and the specific time standard may be slightly different;
2. Reasons for withdrawal: The withdrawal of the provident fund must comply with the withdrawal reasons stipulated by the local provident fund management center, such as purchasing the first house, paying the house rent, medical treatment for serious illness, education for children, etc.
3. Withdrawal amount: The withdrawal amount of provident fund is subject to different regulations and restrictions of various provident fund management centers, but generally it cannot exceed a certain proportion or a certain amount of personal account balance;
4. Relevant certification materials: Relevant certification materials are required to withdraw the provident fund, such as the purchase contract and real estate license for withdrawing the house, the lease contract and house lease for withdrawing the rent, etc.
To sum up, you can plan the time of withdrawing the provident fund in advance and leave enough time to go through the formalities.
Legal basis:
Article 25 of the Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund.
If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued.
Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal 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; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.