1. Conditions for monthly repayment of provident fund: the account has enough balance for one year.

2. Monthly repayment of provident fund: the bank starts to transfer money on 15 every month.

In fact, the operation process of monthly payment is very simple. As long as the citizens who buy a house by loan keep the balance of 1 year in the provident fund account, for example, the monthly deposit is 1 1,000 yuan, and the account balance reaches 1 2,000 yuan, they can go to the bank where they buy a house and mortgage, and sign the entrustment agreement.

If the monthly repayment amount of the provident fund is 800 yuan and the monthly deposit amount of the provident fund is 900 yuan, the loan principal and interest of the provident fund will just be repaid, and the surplus will remain in the provident fund account; If the monthly deposit is only in 700 yuan, the insufficient 100 yuan will be paid to the repayment account monthly.

Monthly repayment materials of provident fund

1. Original and photocopy of the applicant's ID card;

2. Original and photocopy of the loan contract;

3. Original repayment deduction account (card or passbook);

4. "Application Form for Monthly Withdrawal of Housing Provident Fund Repayment in Local City": download it online or collect it from the loan bank, fill it in and affix the official seal of the unit;

5. House purchase contract or real estate license: copy it at the loan bank and confirm it with the seal of the loan bank.