The housing accumulation fund consists of two parts, one part is paid by the unit where the employee works, and the other part is paid by the individual employee. After the individual contributions of employees are withheld by the unit, they will be paid into the individual account of housing provident fund together with the unit contributions.

Shenzhen provident fund loan requirements:

1. The applicant and the same applicant who participated in the calculation of the loanable amount of provident fund loans have continuously paid the housing provident fund in full and on time for 6 months in this city or other places before the month of application, and the provident fund account was in a normal state at the time of application (the account was sealed, frozen and cancelled in an abnormal state). The time to deposit provident fund in this city and other places can be calculated together.

2. The applicant and * * * have the ability to repay the principal and interest of the loan, and their credit status is good (see the Provisions of Shenzhen Municipality on the Administration of Housing Provident Fund Loans for credit status determination).

3. The applicant and his family (including husband and wife and minor children) have not made provident fund loans in this city or have paid off the provident fund loans.

4. The applicant has paid the down payment for the house purchase as required.

5. The applicant agrees to provide a guarantee that meets the requirements of these Provisions.

6. The loan application meets the requirements of national, provincial and municipal real estate market management policies. In case of policy adjustment in the process of loan handling, the time when the provident fund center accepts the provident fund loan shall prevail, and it shall be handled in accordance with the principle of "old methods for the elderly and new methods for the newcomers". But the national, provincial and municipal real estate market management policies have been clearly defined, from its provisions.

7. Meet other conditions stipulated by the provident fund management committee.

8. Under any of the following circumstances, you cannot apply for provident fund loans:

(1) The housing purchased by employees has other rights holders except spouses, parents and children;

(two) the purchase of a single set of housing property rights;

(three) the sale of houses between employees and their parents, spouses and children;

(4) The applicant and * * * the same applicant failed to pay the provident fund in accordance with the Interim Measures and the Provisions of Shenzhen Municipality on the Administration of Housing Provident Fund Deposit, or there were illegal and illegal situations such as fraudulently obtaining the provident fund, adjusting the deposit base, and paying the provident fund by affiliated units.