This will not happen.

The power to approve provident fund loans lies with the provident fund loan center. Commercial banks are only the entrusted lenders of the provident fund management center. Commercial banks have no right to change or veto the approval decisions of the provident fund loan center, regardless of whether the provident fund management center is Commercial banks can only comply with whether they agree or disagree to lend. Therefore, there will be no situation where the Provident Fund Management Center says it can lend but the bank vetoes it. The bank has no such right. The approval results of provident fund loans are subject to the decision of the provident fund management center.

If a bank adds conditions for providing provident fund loans and directly or in disguise requires developers to refuse provident fund loans, the provident fund center will order them to make rectifications within a time limit. Those who refuse to make corrections will be disqualified from providing provident fund loans. If a developer refuses to apply for a provident fund loan, the municipal real estate department will order it to make corrections. If the developer refuses to make corrections, points will be deducted from its credit file and will be publicly exposed. Extended information

The conditions for the loan are: the unit’s current employees sign a labor contract for more than three years (or sign a one-year labor contract for three consecutive years); the unit pays housing provident fund on a regular and continuous monthly basis for more than a certain period; Exceeding the legal retirement age;

The borrower has stable economic income and the ability to repay principal and interest; the borrower agrees to handle housing mortgage registration and insurance; and provides a guarantee method agreed by the local housing fund management center and its affiliated sub-centers; At the same time, submit relevant documents required by the bank, such as house purchase contract or house pre-sale contract, house property ownership certificate, land use certificate, proof of provident fund deposit, etc.

Baidu Encyclopedia - Provident Fund Loan