Can I break the provident fund after the provident fund loan? What will happen after the provident fund is paid off?

You can't stop paying the provident fund after the provident fund loan, because it will have adverse effects. For example, the provident fund management center has the right to terminate the provident fund loan you applied for in advance. It doesn't matter if you stop for a month or two, but long-term diplomatic relations will definitely have an impact.

1 If the borrower of the housing provident fund loan fails to pay the housing provident fund in full and on time for three consecutive months or six cumulative months, the provident fund management center has the right to terminate the loan contract and require the borrower to pay off the housing provident fund loan in advance.

2. If the account is sealed immediately after the housing provident fund loan is stopped, the housing provident fund management center shall order it to repay the unpaid housing provident fund and pay it in full and on a monthly basis during the loan period; Refused to pay, to recover the housing provident fund loans or the implementation of commercial loan interest rates.

When can I withdraw the provident fund? What conditions do you need to withdraw the provident fund?

1, for housing

Housing provident fund is mainly used to solve the housing problem, so if you need to buy a house or rent a house, you can withdraw the provident fund. When renting a house outside, you can withdraw the provident fund to pay the rent, but the withdrawal amount shall not be higher than the account balance or the actual needs of renting a house. When buying a house, the provident fund plays a greater role. Provident fund can be used for down payment, loan or parents' purchase, and the interest rate of provident fund loans is lower than that of commercial loans, so using provident fund loans is also the choice for most employees to purchase houses.

Step 2 see a doctor

Some people have already bought a house, but they don't need to buy a house or rent a house at present. So how should the provident fund paid every month be used? When employees suffer from the most serious diseases and need money to see a doctor, they can also apply for withdrawing the balance of the provident fund account for treatment.

3. For living expenses

The balance in the provident fund account can also be used for living expenses. However, not everyone can withdraw the balance in his provident fund account as living expenses, otherwise it is equivalent to unconditionally withdrawing the housing provident fund. If you want to withdraw the balance of the provident fund account for living expenses, then you must meet the conditions of poverty, such as being able to provide subsistence allowances and being a poor household with a card.

Does the house bought with housing provident fund have no provident fund affect the loan?

If you buy a house with a housing provident fund loan, there will be no housing provident fund in the future, which will not affect the loan, because you just borrowed money from the housing provident fund. As long as you have money in your housing provident fund account, your loan will not be affected.

Will it affect if you don't pay the provident fund after using the provident fund loan?

Failure to repay the provident fund after the provident fund loan will have an impact and may lead to loan recovery. According to the regulations, for borrowers who have applied for provident fund loans, according to the housing provident fund entrusted loan contract, the housing provident fund loan borrowers have not paid the housing provident fund in full and on time for three consecutive months or a total of six months. The provident fund management center has the right to terminate the loan contract and require the borrower to pay off the housing provident fund loan in advance.