If you plan to open a certificate of deposit and use of housing provident fund, you can print the certificate of deposit and use of housing provident fund at any management department or agency outlet of the housing provident fund management center with the original ID card. The unit may apply to the selected agency management department for issuing a certificate of housing provident fund deposit.
What is the role of provident fund deposit?
In the case of insufficient mortgage loan amount, some banks also need borrowers to issue certificates of provident fund deposit, with the amount of provident fund deposit as auxiliary certification materials, so as to solve the problem of insufficient proportion of old houses or mortgages and meet the needs of borrowers in loan amount.
If you plan to apply for a provident fund loan, whether to provide proof of the deposit and use of the provident fund depends on your local rules. In some places, this is unnecessary. In addition, whether the loan can be successful depends on whether the deposited provident fund meets the loan requirements and whether the lender's repayment ability is sufficient.