1. Employees who use the provident fund to buy houses and build houses can apply for housing provident fund loans. The interest rate of housing provident fund loans is much lower than that of ordinary commercial personal housing loans, which can save a lot of interest expenses.

2 as other supplementary funds for individuals or families. When an employee retires, the housing provident fund that has not been withdrawn from his personal account can be returned to the employee and cancelled as a supplement to the pension after the principal and interest are settled in one lump sum; If employees and their families are hospitalized due to serious illness, they can withdraw housing provident fund from their accounts according to regulations to alleviate the resulting economic pressure.

Legal basis:

3. The housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit for employees belong to individual employees.

The above is just an introduction to the provident fund. For details, please visit the local provident fund website.

Response time: 2021-11-15. Please refer to the latest business changes announced by Ping An Bank in official website.