According to Article 36 of the Regulations on the Management of Housing Provident Fund, the balance of housing provident fund paid by units and employees each year can be used to withdraw housing provident fund loans and housing provident fund for the purchase, construction and decoration of self-occupied housing. Among them, half of the balance of the provident fund account can be withdrawn as housing provident fund loans or housing provident fund for the purchase, construction and decoration of self-occupied housing, and the remaining half cannot be withdrawn. It is worth noting that when drawing housing provident fund, there may be insufficient deposit. In this regard, the "Detailed Rules for the Implementation of the Regulations on the Management of Housing Provident Fund" has made relevant provisions: in the case of less than 6 months of deposit, the maximum withdrawal of housing provident fund shall not exceed the balance of my account; In the case of continuous deposit for more than 6 months and less than 3 years, the maximum withdrawal of housing provident fund shall not exceed 70% of the balance of my account; For employees who have paid continuously for 3 years or more, there is no restriction on the withdrawal of housing provident fund.
Is the provision of withdrawing half of the provident fund applicable to all regions? Yes, according to Article 36 of the Regulations on the Management of Housing Provident Fund, half of the balance of the provident fund account can be withdrawn as a housing provident fund loan or withdrawn from the housing provident fund for the purchase, construction and decoration of self-occupied housing. This regulation applies to all regions of the country.
The provision of withdrawing half of the provident fund is applicable to all regions of the country. Workers can withdraw half of the balance of the provident fund account for housing provident fund loans or purchase, build or decorate their own houses in accordance with regulations. However, it should be noted that there may be insufficient deposits when withdrawing money. In this case, the withdrawal amount will be limited.
Legal basis:
Article 36 of the Regulations on the Management of Housing Provident Fund, the balance of individual accounts paid by units and employees can be withdrawn every year for the purchase, construction, renovation of self-occupied housing and housing provident fund loans. Among them, half of the balance of the provident fund account can be withdrawn as housing provident fund loans or housing provident fund for the purchase, construction and decoration of self-occupied housing, and the remaining half cannot be withdrawn.