I am currently working in Nanjing, paying the provincial provident fund, and now I buy a house in Xuzhou; Can I repay the loan with the money in the provident fund account?

Of course. Nanjing area allows buyers to have an opportunity to withdraw provident fund and repay loans once a year.

You have to go to the provident fund management center where you paid the money to withdraw money from the counter.

The materials to be provided are:

1. Original ID card and marriage certificate of the loan employee and spouse;

2. The original loan contract retained by the loan employee;

3. Loan certificate issued by the borrowing bank;

4. Withdrawal application and transfer check issued by the loan employee and spouse unit.

Processing time of counter withdrawal and loan repayment

The time for handling counter withdrawal and loan repayment is: June 1 to February 1 to June 15 (excluding holidays).