1. What to do with the money in the account when taking a provident fund loan

You can apply to use the money in the provident fund account to repay the loan or withdraw the money in the account. If you use a provident fund loan to buy a house, the money in the personal provident fund account can be withdrawn. After one year, the worker's provident fund can be withdrawn. It can be withdrawn once a year, approximately in September and October every year. Provident fund account balance repayment mortgage loan process: 1. Loan customers go to the depository bank to get the application form and fill it out according to their actual situation. 2. The lender’s employer should fill in the relevant information in the unit column of the application form, and then stamp the company provident fund reserved seal. 3. The client takes the application form, the original and copy of the lender's ID card, and the bank deposit card to the depository bank to handle the entrusted deduction authorization procedures and sign the authorization letter. The benefits of provident fund loans are as follows: 1. You can enjoy low-interest loans when purchasing a house. The housing provident fund loan interest rate is about 2 percentage points lower than the benchmark interest rate of commercial bank housing loans; 2. The down payment when using a housing provident fund loan can reach 20; 3. Housing provident fund Loan interest can be deducted from personal income tax; 4. Housing provident fund loan repayment is convenient, and monthly repayments can be made automatically, without the need for round trips; 5. There is no limit on early repayment of housing provident fund loans, with no amount, number of repayments, or liquidated damages; 6. Provident funds can be withdrawn in advance. The Provident Fund can not only be used for loans to buy a house, but can also be used to purchase and build a self-owned house with independent property rights, or the Provident Fund can be withdrawn to a personal bank account due to retirement, unemployment and life difficulties. In addition, provident funds can also be used to pay rent.

2. After providing provident fund loan, how to use the balance?

1. If you have not withdrawn the housing provident fund when purchasing a house, and have not applied for a housing provident fund loan, you can withdraw the balance of the provident fund in the account at the time of purchasing the house at any time in the future. The extraction materials are provided according to the extraction materials for house purchase.

2. If you have not withdrawn the housing provident fund when purchasing a house and have applied for a housing provident fund loan, you can withdraw the housing provident fund at any time in the future. The withdrawal amount is the provident fund in the account at the time of purchasing the house after deducting the amount used to calculate the loan amount. balance. The extraction materials are provided according to the extraction materials for house purchase.

3. If you purchase a house again after applying for a housing provident fund loan, you can withdraw the housing provident fund according to the withdrawal for house purchase. The withdrawal amount is the account balance after deducting the loan limit. The extraction materials are provided according to the extraction materials for house purchase.

4. After applying for a housing provident fund loan, if the loan repayment is not withdrawn, the amount that can be withdrawn for loan repayment but not withdrawn in previous years can be withdrawn. The withdrawal materials are provided according to the loan repayment withdrawal materials.

3. What to do with the money in the account when taking provident fund loans? You can apply to use the money in the provident fund account to repay the loan or withdraw the money from the account. If you use a provident fund loan to buy a house, the money in your personal provident fund account can be withdrawn. It can be withdrawn after one year. It can be withdrawn once a year, probably in September or October of each year.

The process of using the provident fund account balance to repay the mortgage loan:

1. Get the "Application Form" for the loan and fill it out according to your actual situation.

2. The lender’s employer must fill in the information related to the unit column in the “Application Form” and stamp the company provident fund reserve seal.

3. The client takes the "Application Form", the original and copy of the lender's ID card, and the bank deposit card to the depository bank to handle the authorization procedures for entrusting deductions and loan repayments, and signs the "Authorization Letter".

The benefits of housing provident fund loans are:

1. You can enjoy low-interest loans when buying a house, and the interest rate of housing provident fund loans is 10% higher than commercial housing provident fund loans;

2. Use of housing When purchasing a house with a provident fund loan, the down payment can be as high as 20%;

3. The interest on the housing provident fund loan can be deducted from personal income tax;

4. The repayment of the housing provident fund loan is convenient, and you can choose every Repayments can be made automatically every month, no need to travel back and forth;

5. There is no limit on the amount, number of repayments, and no penalty;

6. The provident fund can be withdrawn in advance. The provident fund can not only be used for loans to buy buildings, but if you have independent property rights and are facing difficulties in living, you can also withdraw the provident fund to your personal bank account. In addition, provident funds can also be used to pay rent.

4. What should I do if there is a balance in the provident fund loan account?

You can choose the annual offset method. There are two opportunities a year, April and September. Now the principal of the loan will be written off at once in September. That is, your provident fund loan will accrue interest of 140,000 yuan starting from September.

However, the annual offset is twice a year, which can reduce the principal and interest, and the monthly repayment is higher.

If you choose monthly offset, for example, if you repay 1,000 yuan to provident fund every month, it will be deducted from your provident fund account starting from the second month. It's easier this way. Please refer to it yourself.