As a housing savings system, provident fund aims to help workers solve housing problems. In the process of buying a house, provident fund loans have become the first choice for many employees. So, how many times can the provident fund be loaned at most? This mainly depends on the following factors:
I. Provident Fund account balance
The amount of provident fund loans is closely related to the balance of provident fund accounts. Generally speaking, the higher the balance of the provident fund account, the higher the loanable amount. However, the specific loanable multiple will be different according to the regulations of the local provident fund management center.
Second, the loan policy.
The provident fund loan policies in different regions will also be different. In some areas, the loan multiple may be determined according to factors such as the employee's deposit period and deposit ratio. Therefore, when employees apply for provident fund loans, they need to know the local loan policies.
Third, repayment ability.
The amount of provident fund loans will also be affected by the repayment ability of employees. When approving loans, banks will comprehensively consider factors such as employees' monthly income and liabilities to ensure that employees have sufficient repayment ability.
To sum up:
The maximum loanable times of provident fund mainly depend on the local provident fund loan policy, the balance of provident fund account and the repayment ability of employees. When employees apply for provident fund loans, they should know the local loan policies in detail and plan the loan amount and repayment plan reasonably according to their own conditions.
Legal basis:
Regulations on the administration of housing provident fund
Article 26 stipulates that employees who pay housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.
Article 29 stipulates that the value-added income of the housing provident fund shall be deposited in the special account for the value-added income of the housing provident fund opened by the housing provident fund management center in the entrusted bank for the establishment of the risk reserve for housing provident fund loans, the management expenses of the housing provident fund management center and the supplementary funds for the construction of low-rent housing in this city. The specific measures shall be formulated by the finance department of the State Council in conjunction with the housing provident fund management department of the State Council.