1. The withdrawal ratio of Shenzhen provident fund shall not exceed 50% of the amount to be withdrawn in the month of application, and the monthly withdrawal amount shall not exceed 12 months each year. The deposit ratio of provident fund generally refers to the deposit ratio of housing provident fund. The withdrawal amount for other housing consumption shall not exceed 30% of the total amount of employee housing provident fund that should be paid before the application for withdrawal 12 months.

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

Workers who have paid housing provident fund may apply for housing provident fund loans from the housing provident fund management center when purchasing, constructing, renovating or overhauling their own houses.

The housing provident fund management center shall, within 05 days from the date of accepting the application, make a decision on whether to grant the loan or not, and notify the applicant; If the loan is granted, the entrusted bank shall handle the loan formalities.

The risk of housing provident fund loans shall be borne by the housing provident fund management center.

2. What is the withdrawal process of provident fund?

1. The reason for withdrawing the provident fund must comply with relevant laws and regulations;

2, according to their own situation, submit the legal provisions, the corresponding audit data;

3. After making an appointment, submit the application and materials to the bank handling outlets;

4. The bank shall issue a written acceptance notice after reviewing the materials at the outlets;

5. Bank handling outlets submit price increase materials to the provident fund center for approval;

6. After approval, the withdrawal shall be transferred to the drawer's personal account.