Provident funds can repay commercial loans, and there are two ways to repay commercial loans. One is to withdraw the provident fund. The second is entrusted withdrawal. After the employee repays the housing loan, he can entrust the local provident fund management institution and the loan bank to withdraw the housing provident fund (including the housing subsidy for new employees) according to the monthly repayment amount of the housing loan, and directly transfer it to the designated personal bank account for deduction and repayment.