Step 1: Submit information and apply. When a commercial loan is converted into a provident fund loan, the relevant information must be prepared and submitted to the bank. Like ID card, previous loan contract, etc. , have to submit. When submitting, you should fill out the application form for business transfer.

Step 2: Bank audit, waiting for notice. The bank will review your application and submitted materials after receiving it. You just need to wait for the notice. After the approval, the bank will inform you to go through the relevant procedures.

Step 3: Credit investigation and loan repayment calculation. After receiving the notice from the bank, you need to go to the bank for credit investigation and loan repayment calculation. The bank will review your personal credit report and let you make a pre-loan trial calculation in the provident fund system to see how your repayment ability is.

Step 4: Sign the contract. After you have passed the credit investigation and repayment calculation, the bank will sign a contract with you, not only with the bank that handles commercial loans, but also with the guarantee company designated by the provident fund management center.