To apply for a 500,000 provident fund loan, you must first meet the following basic conditions: 1. The housing provident fund has been paid in full and on time for six months or more, and the provident fund account is in a normal state of payment, and no personal provident fund loan has been made or settled. 2. Be at least 18 years old, have full capacity for civil conduct, and have valid residence status in the local area (permanent residence booklet or temporary residence permit can be provided). 3. Have a stable and legal source of economic income and the ability to repay the principal and interest of the loan on schedule. 4. Personal credit is good, and there is no bad information in the credit report (mainly check the records in the last two years). Secondly, the customer must ensure that the balance in the provident fund account is sufficient. After all, the amount of provident fund loans is related to the balance of provident fund accounts. Extended data:

Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees. From July 1 2065438, all housing provident fund management centers in China will handle the transfer and connection of housing provident fund in different places through the platform in accordance with the requirements of the National Operating Rules for the Transfer and Connection of Housing Provident Fund in Different Places issued by the Ministry of Housing and Urban-Rural Development. On 202 1 July1day, the Ministry of Housing and Urban-Rural Development of the People's Republic of China confirmed the national housing provident fund service logo and decided to start it from now on. 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 accumulation fund includes the following five aspects: (1) 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 provident fund is a personal housing savings fund for employees' housing consumption expenditure, which has two characteristics: first, it is cumulative, that is, housing provident fund is not an integral part of employees' wages, and it is not distributed in cash, so it must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented. The second is special. The housing provident fund is earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when employees leave, retire, die, completely lose their ability to work, terminate their labor relations with their units or move out of their original cities can they withdraw housing provident fund from their accounts.

2. What is the monthly quota of 500,000 for individual provident fund?

The monthly limit of 500,000 yuan for individual provident fund is as follows: 1. The conditions for the provident fund loan of 500,000 yuan are: (1) the balance is greater than 1.25 million yuan; (2) The monthly supply is greater than that of 780 yuan.

2. When the monthly deposit of provident fund is greater than that of 780 yuan and the balance is less than12,500 yuan, it shall be calculated as 40 times of the balance; If the balance is more than 12500 yuan, and the monthly payment is enough for 780 yuan, the loanable amount = monthly payment /0. 14 times 6 times the loanable period.

Iii. Requirements for Shanghai Provident Fund loan of 500,000 yuan

The condition that the Shanghai provident fund loan reaches 500,000 yuan is that the deposit and payment of the house purchase money before applying for the loan shall not be lower than the prescribed proportion. The monthly contribution is calculated according to the total contribution of the provident fund, which includes individuals and companies in 780 yuan.

The calculation of the loan amount of housing provident fund is based on the multiple of the balance of the borrower's housing provident fund account, that is, the housing provident fund account is calculated at 40 times of the balance, and the supplementary housing provident fund is calculated at 20 times of the account balance. The loan amount determined according to the loan capacity of housing provident fund (the salary base for calculating the monthly deposit amount of housing provident fund × the specified proportion (50%)× 12 months× the loan period).

legal ground

"Shanghai housing provident fund management regulations" ninth

Workers who pay housing provident fund can apply for housing provident fund loans to the municipal provident fund management center when purchasing, building, renovating or overhauling their own houses.

Employees who purchase housing provident fund loans shall meet the following conditions:

(a) before applying for a loan, the housing provident fund deposit has reached the prescribed time limit;

(2) Its own funds to pay the purchase price shall not be less than the prescribed proportion;

(3) Having stable economic income and repayment ability;

(4) There are no outstanding debts that may affect the loan repayment ability.

The proportion specified in Item (1) of the preceding paragraph shall be drawn up by the Municipal Provident Fund Management Center and implemented after being approved by the Municipal Provident Fund Management Committee.

The conditions for employees to apply for housing provident fund loans for renovation and overhaul of self-occupied housing shall be implemented with reference to the provisions of the second paragraph of this article.

4. Can a teacher with 5.6 years working experience borrow 500,000 yuan from the housing provident fund?

Hello, generally speaking. As long as they are normal in-service teachers and have no major problems, they are not on the list of dishonesty.