The provident fund can still be used normally after the supply is cut off, but its function will be affected to some extent.

Under normal circumstances, the withdrawal of provident fund will affect the application for provident fund loans. When using the provident fund to apply for a mortgage, it is required that the provident fund account must be continuously deposited for 12 months and the provident fund is in a normal deposit state when applying for a loan. However, users can still choose to use the balance of the provident fund account, which can be used to repay loans, pay rent or decorate houses.

The impact of the suspension of provident fund deposit on loans is mainly manifested in the following two aspects:

(1) If you want to apply for a provident fund loan, according to the Regulations on the Administration of Provident Funds, the borrower must pay the housing provident fund continuously every month before applying for a loan, and the unit that is in arrears for more than 3 months (including 3 months) will suspend accepting the application for individual housing loans from the housing provident fund. Therefore, if you stop paying the provident fund, you cannot apply for a provident fund loan.

(2) For borrowers who have applied for provident fund loans, if the borrowers of housing provident fund loans fail to pay the housing provident fund in full and on time for three consecutive months or six cumulative months, the provident fund management center has the right to terminate the loan contract and require the borrowers to pay off the housing provident fund loans in advance.

Legal basis:

Regulations on the administration of housing provident fund

Fifteenth units to hire employees, should be within 30 days from the date of employment to the housing provident fund management center for deposit registration, and with the housing provident fund management center audit documents, to the entrusted bank for the establishment or transfer of employee housing provident fund accounts. Where the unit terminates the labor relationship with the employee, the unit shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center to register the change, and go to the entrusted bank to handle the transfer or sealing procedures of the employee housing provident fund account with the audit documents of the housing provident fund management center.