1, the interest rate of the first housing provident fund loan 1-5 years, with an annual interest rate of 2.75%;

2. The annual interest rate of 3.25% has been implemented for more than 5 years.

The purposes of the Provident Fund are as follows:

1, the provident fund can be used to buy a house.

(1) If the funds are not enough when buying a house, you can withdraw the provident fund down payment, and your children can also withdraw the provident fund to buy a house;

(2) When the funds are insufficient after the down payment, you can use the provident fund loan to buy a house.

2. The provident fund can be used to rent a house. When renting a house, you can withdraw the provident fund to pay the rent;

3. Provident fund can be used for decoration. To decorate a house, you can apply to the provident fund management department to withdraw the provident fund for decoration;

4. Provident funds can be used to pay medical expenses. Medical expenses incurred during hospitalization can be paid from the provident fund;

5. Provident fund can be used for living expenses. When the family is poor and does not have enough funds to live, they can withdraw the provident fund for living expenses.

Legal basis: Article 26 of the Regulations on the Administration of Housing Provident Fund.

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.