The customer must pay off the difference after the successful applicant turns to the public (it must be settled by depositing its own funds into the deposit account opened by the loan bank) and go through the relevant guarantee procedures before the loan can be successfully approved.
It should also be noted that the amount of business-to-business loans applied for must be within the maximum amount of housing provident fund loans stipulated by the local housing provident fund management center and the original balance of commercial loans before accepting business-to-business loans.
Of course, in some areas, employees will be required to pay off the operating loan in advance with self-raised funds and go through the guarantee procedures after applying for the operating loan and obtaining the approval of the provident fund management center, and then the center will issue the operating loan. Because the regulations may be different in different regions, unclear customers suggest calling directly to consult the staff of the local housing provident fund management center.
Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.
The definition of housing provident fund includes the following five aspects:
1. The housing accumulation fund is only established in cities and towns, and the housing accumulation fund system is not established in rural areas.
2. Only on-the-job employees can establish the housing accumulation fund system. Unemployed urban residents and retired workers do not implement the housing provident fund system.
3. The housing accumulation fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee. After the employee's individual deposit is withheld by the unit, it will be deposited into the individual account of the housing provident fund together with the unit deposit.
4. The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must be paid continuously in accordance with the regulations during their employment, and shall not be suspended or interrupted except for employees' retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund. It embodies the stability, unity, standardization and compulsion of housing provident fund.
5. Housing accumulation fund is a personal housing savings fund specially used by employees for housing consumption expenditure, which has two characteristics: accumulation and specificity.
Main attributes
Housing accumulation fund:
1, security, the establishment of employee housing provident fund system, providing a guarantee for employees to solve housing problems faster and better;
2. Mutual assistance, the establishment of housing provident fund system can effectively establish and form a mechanism and channel for workers with housing to help workers without housing. Housing provident fund provides financial assistance to workers without housing, which reflects the mutual assistance of housing provident fund to workers;
3. In the long run, every urban employee must pay personal housing provident fund from the date of joining the work to the date of retirement or termination of labor relations; The employee's unit should also pay the housing provident fund for employee subsidies as required.
main feature
housing accumulation fund
1, universal, urban workers, regardless of the nature of their work units, family income, and whether they have housing, must pay the housing provident fund in accordance with the provisions of the Regulations;
2, mandatory (policy), the unit does not apply for housing provident fund deposit registration or does not set up housing provident fund accounts for employees of the unit, the housing provident fund management center has the right to order it to handle within a time limit, fails to handle, can be punished according to the relevant provisions of the "Regulations", and may apply to the people's court for compulsory execution;
3, welfare, in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans;
4. Repayment: the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, and the household registration moves out or settles abroad. The paid housing provident fund will be returned to individual employees.