General provident fund repayment refers to the borrower's repayment of the mortgage with the account balance in the housing provident fund paid by himself. However, some friends are curious, is the repayment of provident fund deducted first?

1. Provident fund repayment is generally a business of repaying loans with provident fund, so the borrower's monthly repayment order is to deduct the balance in the provident fund account first, and then deduct the balance in the bank card.

2. According to relevant regulations, the repayment of provident fund is automatically deducted. However, automatic deduction of provident fund means that only when the balance of any one of the main lender's provident fund account, auxiliary lender's provident fund account and repayment card is greater than or equal to the principal and interest of the loan to be repaid can the deduction be successfully made.

3. Therefore, the repayment of the provident fund can be automatically deducted. As long as there is enough balance in the account, the expenses that need to be deducted can be automatically deducted every month, and there is no need to set an alarm clock to remind you of repayment every month.

All of the above are about whether the repayment of the provident fund is to deduct the balance of the provident fund first.

Deduction sequence of provident fund loans

The provident fund loan is deducted from the repayment bank card first.

The provident fund center is only responsible for reviewing provident fund loan applications, signing mortgage contracts, and lending by banks. Therefore, the bank card belongs to which bank loans and which bank repays. For provident fund hedging, the system will deduct the balance of the provident fund account to offset the monthly mortgage repayment. When the balance of the provident fund account is insufficient, the money in the repayment bank card will be deducted. Therefore, provident fund loans may be deducted through multiple channels, but the total amount of deduction will definitely be consistent with the repayment amount.

Provident fund loan amount refers to the maximum loan amount that an individual can apply for when using provident fund loans. Only employees who have permanent residence in local towns, have established the housing provident fund system for more than 6 months, and have paid the housing provident fund according to regulations can enjoy the provident fund loan when the funds for purchasing or building houses or renovating or overhauling their own houses are insufficient. The calculation of provident fund loan amount should be determined according to four conditions: repayment ability, proportion of house price, balance of housing provident fund account and maximum loan amount, and the minimum value calculated by the four conditions is the maximum loanable amount of the borrower.

If the unit does not handle the registration of housing provident fund deposit for its employees or the establishment of housing provident fund accounts, the housing provident fund management center shall order it to be handled within a time limit; Failing to handle it within the time limit, a fine of 6.5438+0 million yuan and 50,000 yuan shall be imposed. In violation of regulations, if the unit fails to pay or underpays the housing provident fund within the time limit, the housing provident fund management center shall order it to pay within a time limit; If the deposit is not made within the time limit, it may apply to the people for compulsory execution. Housing provident fund management committee in violation of the provisions of this Ordinance approved the use of housing provident fund plan, by the construction administrative department of the State Council in conjunction with the finance department of the State Council or by the construction administrative department of the people's government of a province or autonomous region in conjunction with the finance department at the same level, in accordance with the management authority shall be ordered to make corrections within a time limit.

"Regulations on the Administration of Housing Provident Fund" Article 19 The housing provident fund paid by individual employees shall be withheld and remitted from their wages by their units.

The unit shall remit the housing provident fund paid by the unit and remitted for the employees to the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank shall include it in the employee housing provident fund account.

What are the figures in the repayment order of provident fund?

This needs to be filled in according to your own situation. Details are as follows: If only the borrower's own provident fund account is used for repayment, the repayment order shall be "1". If repayment is made from the common provident fund account of the borrower (spouse) at the same time, after receiving the news that the business has been successfully handled, log in to the personal account of the borrower (spouse) and fill in "2" in the repayment order.

Regulations on the administration of housing provident fund

Article 2 These Regulations shall apply to the deposit, withdrawal, use, management and supervision of housing provident fund in People's Republic of China (PRC). The term "housing accumulation fund" as mentioned in these Regulations refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations (hereinafter referred to as units) and their employees.

Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.

The order of deduction for repayment of housing provident fund loans is: first, the main lender's housing provident fund account and the supplementary housing provident fund account; Then the spouse's housing provident fund account and supplementary housing provident fund account; Finally, the participants' housing provident fund accounts and supplementary housing provident fund accounts. When the current account balance is insufficient, it will be automatically deducted from the next account; When the balance of all accounts is insufficient, the borrower will repay the loan in cash.

When both husband and wife apply for provident fund loans, only the main lender will be deducted.

Only one person is deducted from the husband and wife provident fund loan, only because one of them is the main lender. The order of bank deduction is to deduct money from the repayment bank card of the main lender first. When the deducted funds are insufficient to repay the mortgage of the current month, the system will deduct the money from the bank card of the sub-lender. If the main lender pays in full every month, the sub-lender's money will not be deducted. As long as the main lender in the husband and wife has the ability to repay in full, it will be better for one person to repay, saving two people from paying back every month.

Extended data:

The deduction sequence of provident fund repayment is as follows:

1. First deduct the balance of the housing provident fund account of the main lender;

2. The main lender supplements the balance of the housing provident fund account;

3. The balance of the borrower's housing provident fund account;

4. The borrower supplements the balance of the housing provident fund account;

5. The insufficient part shall be deducted from the cash repayment account designated by the loan bank.

Note: When deducting money, if the balance of the previous account is insufficient, it will be withdrawn from the next account.

Deduction sequence of provident fund repayment

Provident fund repayment deduction is automatically deducted from the repayment bank card by the loan banking system. There are two ways to repay the provident fund. One is to deposit the monthly contributions into the repayment bank card before the repayment date and wait for the deduction. The trustee bank will deduct it from the provident fund account, that is, repay it with the balance of the provident fund account.

When portfolio loans are repaid, provident fund loans are given priority. When the balance of housing provident fund is insufficient, it will be deducted from the account given by the borrower.

Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

The definition of housing provident fund includes the following five aspects:

(1) The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.

(2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.

(3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.

(4) The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.

(5) The housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure according to regulations, which has two characteristics:

First, it is cumulative, that is, the housing provident fund is not an integral part of employees' wages, and it is not paid in cash. It must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented.

The second is special. The housing provident fund is earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when employees leave, retire, die, completely lose their ability to work, terminate their labor relations with their units or move out of their original cities can they withdraw housing provident fund from their accounts.

According to China's regulations, all enterprises, whether state-owned or private, must deposit and pay housing provident fund for their employees.

The housing accumulation fund paid by enterprises and institutions does not belong to the nature of total wages, but belongs to the cost of enterprises.