Buying a house: there are two ways to buy a house loan, one is a self-occupied provident fund loan, and the other is a commercial loan. Buying a house with housing provident fund has two main advantages and conveniences. First, you can directly withdraw the down payment for buying a house, you can also use it to pay the later mortgage loan, and you can also withdraw the full amount at retirement; The second kind of provident fund loan to buy a house, this kind of loan interest rate is much lower than the market commercial loan interest rate, which can save a lot of money.
Renting: Housing provident fund can be used to pay rent and relieve the pressure of renters. For those who are still renting a house, they can use the provident fund to pay the rent and reduce the pressure of life. There is no limit to the type of rental. It can be used to pay for renting houses in the market, and it can also be used to pay for affordable housing allocated or rented by the government.
Decoration: decoration can be applied for extraction. After the house is purchased, the next step is decoration, which is also a big expense. At this time, you need the provident fund to help. The provident fund can be used for house decoration, cash withdrawal or provident fund loans.
Building a decorated house: Housing provident fund can be used to build a decorated house, which many people did not expect. If there are old houses in the family that need to be renovated or rebuilt, you can also use the provident fund for withdrawal or loan. For details, please consult the housing provident fund agencies in various regions.
Payment for major diseases: If a major disease occurs and money is tight, you can withdraw the provident fund for treatment. In addition to medical insurance, housing provident fund also has this function, which is a double guarantee for many people in need and reduces the burden on families.
Legal basis: "Regulations on the Management of Housing Provident Fund" Article 3 The housing provident fund paid by individual employees and the housing provident fund paid by the unit for employees belong to individual employees.
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The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.