To purchase provident fund loans for demolition and resettlement houses, it is necessary to submit a written loan application to the bank and submit ID cards, housing provident fund withdrawal application forms, housing ownership certificates, tax payment certificates and other related materials, and open an account after signing a loan contract, a guarantee contract and an entrusted deduction agreement. The loan bank agrees to use provident fund loans.

legal ground

Article 5 of the Regulations on the Management of Housing Provident Fund

The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.

Article 26

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.