I. Procedures for withdrawing provident fund from commercial loans There are two ways to withdraw provident fund for repayment: 1. Employees who deposit the provident fund will withdraw it themselves, but when they withdraw it, the money will be directly transferred from the provident fund center to your repayment account. 2. Apply to the provident fund management center for entrusted withdrawal of the provident fund. After this business is completed, the monthly provident fund will be automatically transferred to your designated account to repay the loan. 2. What 1 should I pay attention to when using the provident fund to buy a house? The provident fund cannot be directly used as the down payment for buying a house. If citizens want to buy a house through housing provident fund loans, they need to spend first and then withdraw, that is, pay the down payment first, and then bring their ID cards and household registration books. If you are married, you need to provide proof materials such as marriage certificate, and withdraw the storage balance in the provident fund from the local housing provident fund management center. 2. The total withdrawal from the provident fund cannot exceed the total house payment. For example, a citizen bought a house with a total price of 200,000 yuan with a loan, but his provident fund balance was 300,000 yuan, so he could only withdraw 200,000 yuan, and the remaining 6,543,800 yuan could not be withdrawn. 3. After the provident fund loan is settled, you can use the provident fund to buy a house. Whether the provident fund loan is made before marriage or after marriage, one of the husband and wife has made a provident fund loan, which will be recorded in the provident fund center system. Before the last loan is paid off, the husband and wife can no longer use the provident fund loan to buy a second suite. However, if the provident fund loan for the first suite has been settled, and both husband and wife use the provident fund loan to buy a house again, it is still regarded as the first time to buy a house, which is not restricted by the second suite policy. Third, how to deduct the provident fund loan 1, the repayment of the provident fund can be automatically deducted, as long as there is enough balance in the account, the expenses that need to be deducted every month can be automatically deducted. 2. Housing provident fund repays the loan, entrusting the bank to withdraw funds from the balance of personal provident fund account to repay the loan monthly or in advance, and repay the loan in two ways: annual repayment and monthly repayment.

Legal objectivity:

"Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the storage balance in the housing provident fund account under any of the following circumstances: (1) purchasing, constructing, renovating or overhauling their own houses; 2 retired; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; Rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account will be included in the value-added income of the housing provident fund.