1, the employee does not meet the extraction conditions.
In order to successfully withdraw housing provident fund, employees need to meet one of the following conditions.
Purchase, construction, renovation and overhaul of owner-occupied housing.
The rent paid by households without housing exceeds the prescribed proportion of family income.
Repay the principal and interest of the housing loan.
Migrant workers leave the city.
Move out of the city.
Completely lose the ability to work and terminate the labor relationship with the unit.
Enjoy the minimum living guarantee or have difficulties in family life due to major accidents or diseases.
Settle abroad.
Retire/retire.
Dead or declared dead.
2. The extraction times have reached the prescribed upper limit.
For example, if you buy a house and use a mortgage to withdraw the housing provident fund, you can generally withdraw it once a month.
In the case of a one-time payment for the purchase of a house, the housing provident fund can be withdrawn once every quarter and up to four times a year.
Rental housing provident fund can only be withdrawn once a year.
3. The withdrawal amount exceeds the prescribed limit.
For example, in the case of buying a house and using a mortgage, the total amount of housing provident fund should not exceed the actual housing expenditure.
Housing provident fund can be withdrawn in the case of one-time payment for house purchase, and can be withdrawn in full every quarter.
If you rent a house and withdraw the housing provident fund, you can withdraw it in full once a year, and the total amount of withdrawal each year shall not be higher than the total annual rent.
In addition, if the housing provident fund account is sealed, I am afraid it will be sealed for more than half a year or the provident fund has been suspended for 24 months and the account has been sealed before it can be withdrawn.
If the online loan is overdue, you can get a big data report in the "balloon check", find out your overdue records, and classify your online loans into formal and informal, with credit and without credit. If you want to pay back the money but don't have enough funds, then negotiate with the online lending platform to give priority to formal credit reporting and reduce the impact on yourself.
Extended data:
How to withdraw the money from the provident fund?
There are two main ways to withdraw the money deposited in the housing provident fund account: online and offline.
1, offline.
Prepare personal ID card, provident fund co-branded card and proof documents for the purpose of withdrawal, and go to the outlet of the housing provident fund management center and the business office of the entrusted bank to find staff to handle the withdrawal business.
2. Online.
Select the extraction method directly online in the online service hall or APP of the local housing provident fund website, or extract it on third-party platforms such as Alipay and WeChat.
After the employee applies for withdrawal, the provident fund management center will immediately review it after accepting it, and then give a decision on whether to approve the withdrawal. If withdrawal is allowed, the funds will naturally be transferred to the employee's savings account.
It should be noted that the payment can generally be received within three working days, and in some areas it can even be settled on the spot.
If the employee doesn't have time, he can actually entrust someone else to take it, and provide the power of attorney, agent ID card and power of attorney.