1. Entrusted monthly repayment means that the borrower and its auxiliary borrowers automatically withdraw the provident fund to repay the principal and interest of the provident fund loan once a month after signing the Loan Agreement on Entrusted Housing Provident Fund Repayment.

2. Automatic deduction of provident fund refers to the provident fund account of the main lender, the provident fund account of the auxiliary lender and the repayment card. Only when the balance of any one of the three accounts is greater than or equal to the principal and interest of the loan to be repaid can the deduction be successfully made.

Deduction rules for repayment of provident fund loans:

1. Take the monthly rent as an example. Deduct money from the main lender's provident fund account, then deduct money from the secondary lender's provident fund account, and finally deduct money from the participant's provident fund account.

According to this deduction order, if one balance is insufficient, it will be deducted from the other. If it is still insufficient after deduction, it will be repaid in cash to make up for the deficiency.

If the provident fund loan is to be repaid automatically, it needs the provident fund account of the main lender or the provident fund account of the auxiliary lender. If the balance of any one of the three repayment cards is greater than the principal and interest to be repaid, it can be automatically deducted successfully.