1 Submit the materials. The lender carries valid proof materials, fills in the Annual Loan Repayment Agreement for Housing Provident Fund Entrusting and submits it to the entrusted bank of the Provident Fund Management Center;
2. Review: The bank reviews the materials and aspects submitted by the lender to see whether it meets the monthly repayment qualification of the provident fund;
3 sign an agreement, the bank will sign an agreement with the lender after approval, and submit the agreement to the housing provident fund center;
Deduction, after some are ready, the bank will deduct the balance from the lender's provident fund account for repayment in the second month of loan issuance.
Monthly repayment of provident fund can reduce the pressure on lenders to repay loans every month. The larger the amount of provident fund recorded by the lender every month, the smaller the repayment pressure. If there is any surplus after paying the provident fund every month, you can also withdraw it.