However, the provident fund policy is a local policy after all, and should be based on the local provident fund policy. Some cities that break off diplomatic relations within three months after the loan, may face penalty interest, early repayment, or turn into commercial loans. Provident fund is a long-term housing deposit paid by the company for employees. It is not paid in cash, but must be deposited in the special account of the housing provident fund management center. During the deposit period, it can only be used for house purchase, decoration and lease, and cannot be withdrawn at will. Generally speaking, it doesn't matter to buy a house with a provident fund loan, as long as the provident fund is broken after normal lending. However, after the provident fund is broken, there is no more income in the provident fund account every month, so it is necessary to take the initiative to deposit the full monthly payment into the loan bank card every month to avoid overdue.
However, the provident fund policy is a local policy after all, and should be based on the local provident fund policy. Some cities that break off diplomatic relations within three months after the loan, may face penalty interest, early repayment, or turn into commercial loans.
Because, when using provident fund loans, it is necessary to make up as soon as possible. If it is really impossible to make up in time, you must consult the local provident fund management center to understand the local policy of breaking diplomatic relations and avoid irreparable losses.
Housing accumulation fund:
Refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.
From July, 2065438, KLOC-0, all housing provident fund management centers across the country will handle the transfer and connection of housing provident fund in different places through the platform according to the requirements of the operating rules for the transfer and connection of housing provident fund in different places issued by the Ministry of Housing and Urban-Rural Development. On 202 1 July1day, the Ministry of Housing and Urban-Rural Development of the People's Republic of China confirmed the national housing provident fund service logo and decided to start it from now on.
To sum up, it doesn't matter if the provident fund is broken after normal lending.
Legal basis:
Article 26 of the Regulations on the Management of Housing Provident Fund
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 housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
The risk of housing provident fund loans shall be borne by the housing provident fund management center.