The deduction procedure for provident fund loans is an automatic deduction business set by banks. As long as the first deduction is unsuccessful, the system will automatically initiate the second deduction. Simply put, whether it is a bank commercial loan or a provident fund loan, it is automatically deducted by the computer system. If the first deduction is unsuccessful, it will be deducted again later.

1. First of all, the deduction date is stipulated in the contract, which refers to the time when the bank transfers money from your repayment account every month. If the deposit on the deduction date may be overdue, you should deposit the repayment amount in full into the repayment account after the day before the repayment date.

2. In the case of free repayment, the borrower can repay overdue personal loans in two ways:

(1) When the borrower repays the overdue personal loan on the repayment date agreed in the contract, he can inquire the loan amount to be repaid at least on the next repayment date by calling the entrustment system (this amount should be the sum of the overdue loan principal and interest, default interest and low repayment amount), that is, the borrower repays the loan according to this amount on the next repayment date, so the loan is not overdue.

The borrower determines the repayment amount on the next repayment date by calling the entrustment system or signing the Notice of Borrower's Adjustment of Monthly Repayment in the loan business department.

(2) When the borrower repays the overdue personal loan on the repayment date not stipulated in the contract, he must go through the relevant formalities at the counter of the loan business department with the original ID card. The borrower first applies to the loan business department and agrees on the repayment date. The agreed repayment date is three days (exclusive) after the borrower goes through the repayment formalities in the management department to the next agreed repayment date (exclusive).

However, the borrower can only go to the counter to handle the overdue personal loan repayment formalities once every period on the repayment date not agreed in the contract. The borrower shall fill in the Letter of Commitment on Repayment Entrusted by loans overdue for Personal Housing Guarantee (in duplicate, one for the individual and one for the loan business department).

For example, if the annual base of the housing provident fund is adjusted and the monthly contribution of the provident fund changes during the validity period of the entrusted monthly repayment agreement signed by the loan employees, in the process of monthly deduction, the balance not less than the monthly contribution 12 times at the time of signing the agreement shall be retained except for the employee provident fund deposit account.

On the deduction date, the provident fund system will automatically transfer the monthly deposit amount greater than the specified balance from the newly adjusted monthly deposit account to repay the provident fund loan. If the monthly deposit in the provident fund account is less than one month except the balance to be retained, it will be operated after the account meets the deduction conditions.

Extended data:

Method of handling real estate license after provident fund loan:

If you buy a first-hand house, the process of handling the real estate license is as follows:

1. Sign the entrustment agreement: Usually, there is a clause in the house purchase contract about entrusting the developer to handle the real estate license, which can be regarded as a separate entrustment agreement.

2. Pay various fees: pay intermediary fees such as real estate license, public maintenance fund, deed tax, stamp duty, etc., which developers often ask to pay when they check in.

3. Get the real estate license according to the agreed time: After the developer or agency pays the above taxes, it can get the real estate license after handling the real estate license and mortgage registration.

References:

Baidu encyclopedia-provident fund loan