Legal subjectivity:

Yes. Housing provident fund offset loan means entrusting the bank to withdraw the money from the personal provident fund account balance to repay the monthly loan payment or early repayment. There are two ways to offset the loan: "annual offset" and "monthly offset". The annual offset method is equivalent to partial early repayment once a year, but this method gives priority to repaying the principal of the provident fund loan. The principal of the commercial loan can be offset only after the provident fund loan is settled. In addition, the monthly repayment amount must be Use cash to repay by yourself (deposit the monthly payment into the savings card every month). The law is objective:

"Housing Provident Fund Management Regulations" Employees can withdraw the balance in their housing provident fund account if they have one of the following circumstances: 1. Purchase, build, renovate or overhaul their own housing; 2. Retired or retired; 3. Completely lost the ability to work and terminated the labor relationship with the unit; 4. Settled abroad; 5. Repaid the principal and interest of a self-occupied housing loan; 6. Rented a house to live in; (The employee and his spouse are in Beijing If there is no self-owned housing in the city and they rent public rental housing or commercial housing, the couple can withdraw the housing provident fund to pay the rent) 7. Those who have difficulty living and are receiving urban minimum living allowance; 8. Encounter an emergency and cause Those who have serious difficulties in family life; 9. Migrant workers who have terminated their labor relations with their units; 10. Those who have been sentenced to death, life imprisonment or fixed-term imprisonment while serving and have reached the national statutory retirement age upon expiration of their term of imprisonment; 11. Death or being declared dead If an employee meets the conditions 1, 5, 6, 7, and 8 of Article 4 of these Measures to withdraw housing provident fund, his or her spouse may withdraw the housing provident fund from his or her account at the same time.