Using the balance of the housing provident fund account to deduct and repay the loan on a monthly basis means that the housing provident fund borrower applies to the housing provident fund center after using the housing provident fund loan, and withdraws the housing provident fund from the housing provident fund accounts of both husband and wife every month to repay the principal and interest of the housing provident fund loan, hereinafter referred to as the "monthly deduction and repayment business".
First, the scope of use and objects
When the deposit of housing provident fund of both husband and wife of the borrower is consistent with the loan location, they can apply for monthly deduction of loan repayment business to reduce the pressure of family loan repayment. Borrowers whose deposits are inconsistent with the loan locations cannot apply for monthly deduction for loan repayment business.
Second, the application conditions
(1) At the time of application, both husband and wife have paid the housing accumulation fund in full every month for nearly 12 months. During the payment period, there is no deposit at intervals of three months or more.
(two) the amount of repayment of the husband and wife for three consecutive months is not less than the amount of repayment of the loan principal and interest for one month.
(three) the balance of the husband and wife's account at the time of application shall not be less than 3 months' repayment amount.
Three. Information to be provided by the applicant
(a) the housing provident fund withdrawal application form;
(two) the original and photocopy of the borrower's marital status certificate;
(3) The original and photocopy of the ID cards of the borrower's husband and wife;
(4) Agreement on Monthly Deduction and Loan Repayment confirmed by signature.
Fourth, the application processing time.
When applying for a housing provident fund loan or during the repayment period, both husband and wife of the borrower can apply for monthly deduction to repay the loan. The housing provident fund center business hall accepts the monthly deduction of loan repayment every month 1- 15 days, and it will not be accepted at other times and will take effect next month. When accepting the application for cancellation of loan repayment deduction, it will take effect in the current month.
Verb (abbreviation of verb) explanation of other matters
(1) After the housing provident fund center accepts the borrower's monthly loan repayment business, it will deduct it from the borrower's husband and wife housing provident fund account on June 18 and June 19 (in advance of holidays) during the loan repayment period. If the total balance of the borrower's husband and wife account is less than one month's repayment amount, the center will not deduct the money, and the borrower will repay the loan normally through the entrusted bank, otherwise it will be treated as overdue.
(II) After the Housing Provident Fund Center accepts the monthly deduction and repayment business, the extracted housing provident fund is no longer included in the borrower's repayment account or joint card account, and is directly used to repay the principal and interest of the housing provident fund loan.
(3) After the borrower and his wife apply for monthly deduction to repay the loan, they will no longer use the housing provident fund withdrawn every full year to repay the loan business.