It is understood that the housing provident fund has seven purposes.
Use 1: buying a house
1. If you don't have a loan to buy a house, you can withdraw the provident fund at one time;
2. Commercial loans can draw provident fund for down payment;
3, commercial loans to buy a house can be withdrawn from the provident fund to repay the principal and interest;
4, provident fund (portfolio) loans to buy a house can be withdrawn from the provident fund to repay the principal and interest.
Use 2: Building, rebuilding and overhauling houses.
In rural collective land construction, renovation, overhaul of their own housing and the use of housing loans, employees and their spouses can apply for withdrawal of the amount of provident fund before the month of building approval (including the month), and the total withdrawal does not exceed the cost of building.
Use 3: renting a house
1, use the provident fund to pay the rent of economic rental housing with rent or government rent subsidy;
2. Use the provident fund to pay the market rent.
Use 4: Parents buy houses for their children.
1. If you buy a house yourself and don't use the housing loan, you can withdraw your parents' provident fund;
2. Use a personal housing loan from a commercial bank to purchase your own house, and you can withdraw your parents' provident fund after paying the down payment;
3. Buy your own house with a personal housing provident fund (portfolio) loan, and you can withdraw your parents' provident fund after paying the down payment.
Usage 5: Withdraw all the balance through account cancellation.
1, divorce or retirement;
2. agricultural registered permanent residence employees are over 60 years old and women are over 55 years old;
3. Settled abroad, Hong Kong, Macao and Taiwan;
4, completely lost the ability to work, most of the loss of ability to work or severe disability and terminate or terminate the labor relationship with the unit;
5. Persons receiving unemployment insurance benefits;
6, was sentenced to punishment, account out of the city, non city registered permanent residence workers and units to terminate or terminate the labor relationship;
7. The housing provident fund account has been transferred to the centralized storage account for 2 years or the labor relationship with the original unit has been terminated for 2 years;
8. If you work outside the administrative area of the city where you live, and build and deposit the housing provident fund locally, you can cancel your account and withdraw all the balance of the provident fund.
Application 6: It is included in the extraction and use of low-income or extremely poor areas.
Workers are included in the minimum living guarantee or poverty relief scope for urban residents, and the employees themselves and their spouses can apply for withdrawal of housing provident fund, and the withdrawal amount shall not exceed the amount of housing provident fund before being included in the minimum living guarantee or poverty relief scope.
Usage 7: Treat major diseases.
Family members (including employees themselves, spouses and minor children) suffering from major illness or major surgery hospitalization, employees themselves and their spouses can apply for withdrawal of housing provident fund. The application date should be within 1 year from the date of discharge, and the personal burden of the total hospitalization expenses should be withdrawn.
(The above answers were published on 20 17-02- 15. Please refer to the current actual purchase policy. )
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