1. It takes about 30 working days to apply for provident fund loans, and all application materials are fully prepared. Loan approval usually takes about 15 working days, and mortgage registration and other procedures are also needed, which may take about 30 working days in total.

2. According to Article 6 of the Regulations on the Management of Housing Provident Fund, the deposit and loan interest rate of housing provident fund is proposed by the People's Bank of China, and submitted to the State Council for approval after consulting the construction administrative department of the State Council.