Legal subjectivity:

There are seven purposes of provident funds. They are: 1. Provident funds can be used to purchase houses. If you buy a house without a loan, you can withdraw it in one go; if you buy a house with a commercial loan, you can withdraw it for down payment; if you buy a house with a commercial loan, you can withdraw the provident fund to repay the principal and interest; if you buy a house with a provident fund loan, you can withdraw the provident fund to repay the principal and interest. 2. The provident fund can be used to build, renovate, and overhaul housing; 3. The provident fund can be used to rent a house. You can pay the rent of economic rental housing with rent or government rental subsidies, and pay the rent of market rental housing; 4. The provident fund can be used to withdraw your parents' housing provident fund to buy a house. If you do not use a housing loan to buy your own house, you can withdraw your parents' provident fund; if you use a commercial bank personal housing loan to buy your own house, you can withdraw your parents' provident fund after paying the down payment; if you use a personal housing provident fund (combination) loan to buy your own house, you can pay the down payment You can then withdraw your parents’ provident fund. 5. The provident fund can be used to cancel the account and withdraw the entire balance of the housing provident fund; 6. The provident fund can be used to withdraw and use the housing provident fund if it can be included in the subsistence allowance or special poverty range; 7. The provident fund can be used to treat major diseases. If a family member is hospitalized for a major illness or major surgery, the employee and his or her spouse may apply to withdraw the housing provident fund. The application date should be within one year from the date of discharge, and the total withdrawal amount shall not exceed the personal burden of hospitalization expenses. Legal objectivity:

Article 5 of the "Housing Provident Fund Management Regulations" Housing Provident Fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may misappropriate it for other purposes. Article 26 of the "Housing Provident Fund Management Regulations" Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.