Many property buyers like to use provident fund loans to buy houses. If you want to use the provident fund to buy a house, then the user's provident fund account must be in a normal state. If it is sealed, you can't use the provident fund. What does it mean to seal up the provident fund account? Let's take a look with Bian Xiao.

What does it mean to seal up the provident fund account?

1. Seal of provident fund account refers to a state in which the employee's own provident fund account is suspended for some reason, but it does not meet the conditions for account cancellation. When the provident fund account is sealed, employees cannot transfer the funds in the provident fund account, nor can they apply for provident fund loans. If they want to apply for provident fund loans, they need to go through the sealing procedures.

2. When the sealed state of the provident fund is unsealed, the provident fund account will return to normal. At this time, employees can continue to pay the provident fund, but the payment time of the provident fund will be recalculated. If employees want to apply for provident fund loans, then employees need to pay the provident fund for more than one year before they can apply.

3. When the employee retires, the labor relationship with the original work unit is terminated, and it is no longer necessary to pay the provident fund. The original work unit will stop paying the provident fund for the employee and will seal the employee's provident fund account at the provident fund management center. In this way, employees can go through the formalities of closing their own provident fund accounts, and then they can withdraw or transfer the funds in their own provident fund accounts.

4. When the employee is laid off and the labor relationship with the original work unit is terminated, the original work unit will stop paying the provident fund for the employee after obtaining the consent of the employee, and will also seal the employee's provident fund account at the provident fund management center and seal the employee's provident fund account in the account of the original work unit.

5. When the employee stops working in the original work unit due to resignation, dismissal or dismissal. , but does not meet the conditions for provident fund withdrawal, the original work unit will go to the provident fund management center to seal the employee's provident fund account. When employees re-establish labor relations with other work units, employees can go through the formalities of understanding and stamping, and can transfer the funds in the provident fund account to the new provident fund account.

The above is a detailed introduction to the significance of sealing the provident fund account, hoping to help friends in need. If the employee's provident fund account is sealed, then they can't apply for provident fund loans, and they can't withdraw the balance in the account. They can only withdraw it after going through the sealing procedures.

What does it mean to seal up the provident fund account?

The display and sealing of the provident fund account means that after the labor relationship between the unit and employees is interrupted, the housing provident fund is in a state of suspension, and the provident fund account cannot be transferred, which does not meet the conditions for withdrawal. Therefore, the accounts interrupted due to deposit will be displayed and sealed. At the same time, in addition to this reason, the following reasons will also make the provident fund account display blocked:

1. The enterprise is merged or bankrupt, and the employees have not signed a new labor contract at the same time.

2. The employee's company has been revoked.

3. The employee has no job after the termination of the labor contract with the unit.

4. The employee resigns or is dismissed, and there is no job after dismissal.

5. Employees are serving sentences and reeducation through labor.

6. The housing provident fund is allowed to be deferred.

7. Other reasons need to be sealed.

Accumulation fund sealing process

1. Internal seal of the device. Within 30 days from the date of termination of the wage relationship, the unit shall go to the handling bank to handle the formalities for sealing the employee's individual housing provident fund account and seal the unit housing provident fund account in the employee's individual housing provident fund account;

2, laid-off workers approved by the workers' congress, with the consent of the workers themselves to stop paying the housing provident fund, should also go through the formalities of sealing, and stamp on the unit account;

3. The balance of employee's housing provident fund stored centrally by the original unit within 30 days shall be transferred to the centralized storage account of housing provident fund for unified storage management.

What does it mean to seal up the provident fund account?

The storage of housing provident fund refers to the situation that the housing provident fund account cannot be transferred due to the interruption of the wage relationship between the unit and the employees (but the labor relationship remains), which does not meet the conditions for withdrawing housing provident fund from the account cancellation. The interrupted housing provident fund account shall be sealed.

If the employee's housing provident fund deposit is interrupted due to one of the following circumstances, and the employee's housing provident fund account cannot be transferred and the employee does not meet the conditions for withdrawing the housing provident fund, the interrupted housing provident fund account shall be sealed; Sealed housing provident fund accounts are sealed households:

1, when the unit is changed or terminated, it is impossible to handle the transfer formalities of employee housing provident fund account;

2. The employee's contract expires, is not renewed or is dismissed during the contract period, and has not been employed by other units;

3. The employee resigns or is dismissed or removed from the company, and is not employed by other companies;

4, the worker was sentenced to reeducation through labor;

5. The employee and the unit agree to keep the social security relationship, except that I voluntarily continue to pay through the original unit;

6. After the employee enters the re-employment center, the original unit has closed down or stopped production;

7. Employees leave without pay, except those who voluntarily continue to pay through the original unit;

8. If the wage income of employees is interrupted due to other circumstances, the housing provident fund account shall be sealed upon my application.

Article 15 of the Regulations on the Management of Housing Provident Fund, if a unit employs employees, it shall go through the deposit registration at the housing provident fund management center within 30 days from the date of employment, and go through the formalities for the establishment or transfer of employee housing provident fund accounts.

Where a unit terminates the labor relationship with its employees, it shall, within 30 days from the date of termination of the labor relationship, go to the housing provident fund management center for change registration, and go through the formalities of transferring or sealing the employee housing provident fund account.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.