1. How long does it take for the provident fund withdrawal review?
1. The provident fund withdrawal review takes about 15 days. Due to different personal circumstances, the provident fund withdrawal review will vary, and the withdrawal time will be different. In principle, after completing the provident fund withdrawal procedures, it will be credited to the individual's provident fund account within three working days, usually on the next day.
2. Legal basis: Article 16 of the "Housing Provident Fund Management Regulations"
The monthly payment amount of the employee's housing provident fund is the employee's average monthly salary in the previous year multiplied by the employee's housing Provident fund contribution ratio. The monthly payment and deposit amount of the housing provident fund paid by the unit for its employees is the employee's average monthly salary in the previous year multiplied by the unit's housing provident fund payment and deposit ratio.
2. What are the conditions for withdrawing provident funds
1. Purchase, build, renovate or overhaul a self-occupied house. "Purchase" means that employees buy a house and have ownership of the purchased house. The house can be public housing, commercial housing, affordable housing, second-hand housing, etc. "Construction" refers to the construction of housing by urban residents with the approval of real estate management agencies, urban planning management agencies and other departments; "renovation" refers to the complete demolition of the housing, new design, and re-construction of housing; "overhaul" refers to the need to involve or demolish Replace some of the main components of the house, but there is no need to completely demolish the house;
2. The employee retires or retires;
3. Completely loses the ability to work and terminates employment with the unit.
4. Leaving the country to settle down;
5. Repaying the principal and interest of the house purchase loan;
6. The rent exceeding the prescribed proportion of family wage income;
7. The employee dies or is declared dead.