According to your question, the entrusted withholding and repayment of provident fund means that the applicant for provident fund loan will deduct the amount of provident fund account into the repayment account of personal bank through the entrusted bank agent every month, thus simplifying the repayment process of provident fund loan. Process of entrusted withholding and remitting of provident fund: When applying for provident fund loan, the applicant signed an agreement on withholding and remitting of provident fund with the provident fund management center and the entrusted bank for the convenience of repayment in the future. After this agreement comes into effect, the entrusted bank will deduct the repayment amount of the lender in the current month from the designated provident fund account at about 10 every month from the second month of repayment, so as to offset the provident fund loan. If the bank deducts money successfully, the provident fund management center will record the repayment of the provident fund loan applicant in time. If the monthly repayment amount of the lender's provident fund account is less than the payable amount, the lender needs to deposit the difference into the personal bank repayment account of the entrusting bank to make up for it. If the lender fails to repay the provident fund loan in time, the management center will record that the current period is overdue, and the borrower will pay more penalty interest when returning.

Second, what is a withholding agreement?

Hello! The entrusted withholding business of ICBC is convenient for you to sign, inquire and cancel relevant withholding agreements. Before signing the entrusted withholding agreement, a fee payment agreement must be signed with the charging enterprise. If this agreement is valid, you only need to cancel the original agreement and sign the entrusted withholding agreement online. Most of what you said is that the payment agreement signed between you and Alipay has expired. It is suggested that you sign a payment agreement with the charging enterprise to obtain the corresponding payment agreement number, and then sign an entrusted withholding agreement online. If you want to cancel, you should also select the payment account entered when signing the entrusted withholding agreement.

3. What is the provident fund withholding agreement?

Entrusted withholding of provident fund means that the applicant for provident fund loan will deduct the amount of provident fund account into the repayment account of personal bank through the entrusted bank, thus simplifying the repayment process of provident fund loan. Process of entrusted withholding and remitting of provident fund: When applying for provident fund loan, the applicant signed an agreement on withholding and remitting of provident fund with the provident fund management center and the entrusted bank for the convenience of repayment in the future. After this agreement comes into effect, the entrusted bank will deduct the repayment amount of the lender in the current month from the designated provident fund account at about 10 every month from the second month of repayment, so as to offset the provident fund loan. If the bank deducts money successfully, the provident fund management center will record the repayment of the provident fund loan applicant in time. If the monthly repayment amount of the lender's provident fund account is less than the payable amount, the lender needs to deposit the difference into the personal bank repayment account of the entrusting bank to make up for it. If the lender fails to repay the provident fund loan in time, the management center will record that the current period is overdue, and the borrower will pay more penalty interest when returning.

4. When will the provident fund be deducted after signing the withholding agreement?

When signing a withholding agreement with the provident fund management center, one of the items is to fill in the salary payment date of the enterprise, and the deduction date is the fifth day from the salary payment date (postponed on weekends and holidays). Our company's monthly payroll date is 15, and the deduction of provident fund is around the 20th of each month. So the specific deduction date is determined according to your company's salary date. The above is the answer to when to deduct the provident fund loan.

After the provident fund loan, the repayment can be handled by annual repayment or monthly repayment. One-time repayment means to withdraw the remaining balance of housing provident fund, recalculate the monthly repayment amount and continue to repay monthly. Monthly payment: the way to withdraw the housing provident fund account to repay the principal and interest of the housing loan in the current month. Housing provident fund refers to the employee housing provident fund system paid by urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and organizations and their employees, which provides a guarantee for employees to solve housing problems quickly and well; Mutual assistance, the establishment of housing provident fund system can help workers without housing and provide help for workers without housing, which reflects the mutual assistance of housing provident fund to workers; In the long run, every urban employee must pay personal housing provident fund during the period of termination of labor relations; The employee's unit should also pay the housing provident fund for employee subsidies as required. Provident fund loans refer to individual housing provident fund loans, which are used by local housing provident fund management centers to pay for the purchase, construction, renovation and overhaul of self-occupied housing to housing provident fund depositors and retirees who paid housing provident fund during their employment.

legal ground

"Regulations on the Management of Housing Provident Fund" Article 12 The Housing Provident Fund Management Committee shall, in accordance with the relevant provisions of the People's Bank of China, designate commercial banks with financing business (hereinafter referred to as entrusted banks) to handle housing provident fund loans and settlement, the establishment, deposit and return of housing provident fund accounts and other financial services. The entrusted housing bank signs an entrustment contract.