The provident fund can be withdrawn, the details are as follows:

1. If an employee withdraws the balance in the housing provident fund account, the unit where he works should verify it and issue a withdrawal certificate:

2. Employees should apply to the Housing Provident Fund Management Center to withdraw the housing provident fund with the withdrawal certificate;

3. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or disallow the withdrawal within 3 days from the date of accepting the application. Make a decision and notify the applicant;

4. If the withdrawal is allowed, the entrusted bank will handle the payment procedures;

5. If the withdrawal of the housing provident fund is not allowed, the applicant needs to be informed and Explain why.

What materials are required for provident fund withdrawal

1. Original resident ID cards and household registration books of the borrower and loan participants (***same as repayer and guarantor) And a copy and a repayment commitment letter together with ***;

2. Proof of marital status (if married, provide a copy of the marriage certificate, in other cases, the certificate must be issued by the unit or police station where you work);

3. Legal commercial housing purchase contract or agreement;

4. Personal credit certificate provided by the borrower and loan participant's unit;

5. The borrower has delivered Valid evidence for the purchase price of less than RMB 30; 6. Collateral used for security, list of pledges, certificate of ownership and proof of the consent of the person with the right to dispose of the mortgage and pledge, and collateral valuation certificate issued by the relevant department;

7. For housing provident fund loans, off-plan properties must be properties for which the developer and the entrusted bank have signed a mortgage agreement. The borrower can apply for the loan through the mortgage bank. For loan applications with complete information, banks will promptly accept and review them and submit them to the Provident Fund Center in a timely manner. The Provident Fund Center is responsible for approving loans and notifying banks of the approval results in a timely manner.

What are the conditions for withdrawal of provident fund?

1. Housing withdrawal required:

If the depositor of provident fund has purchased, built, decorated or overhauled his own house, If you have housing needs, you can apply for a one-time withdrawal of the provident fund from your personal account. In addition, provident funds can be used for rental expenses.

2. Withdrawal of critical illness:

If the provident fund depositor or his family member suffers from a major illness or needs major surgery, he or she can apply to withdraw the provident fund to pay for medical expenses.

3. Account cancellation and withdrawal:

If the provident fund depositor retires, retires, settles abroad, dies, etc., he can apply to cancel the provident fund account. Cancellation of the provident fund account can allow the individual to withdraw from the provident fund account in one go. All funds in the account are withdrawn.

Legal basis: Article 25 of the "Housing Provident Fund Management Regulations"

If an employee withdraws the balance in the housing provident fund account, the unit where he/she works shall verify it and issue a withdrawal certificate.

Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.