1, the provident fund can be directly repaid monthly. The premise is that customers need to apply for provident fund loan repayment business, and only need to choose monthly repayment, so that the system will automatically deduct the corresponding amount from the customer's provident fund account every month and then repay the monthly mortgage principal and interest.

2. Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund.

Workers in any of the following circumstances, you can extract the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of its own housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(four) to settle in foreign countries, Hong Kong, Macao and Taiwan;

(five) to repay the principal and interest of housing loans;

(six) being included in the minimum living guarantee for urban residents in this Municipality and paying rent;

(seven) the employee was sentenced to punishment during his tenure, and the employee housing provident fund was stored in a centralized way for two years without re-employment, and the employee's household registration moved out of the city, and the non-registered employee left the city and terminated the labor relationship with the unit.

Second, what materials are needed to withdraw the provident fund?

1, two copies of employee ID cards and their photocopies, and the housing accumulation fund dragon card or savings card;

2. To apply for the withdrawal of spouse housing provident fund, it is necessary to provide two copies and one copy of spouse ID card, spouse housing provident fund dragon card or savings card, marriage certificate or household registration book or husband-wife relationship certificate issued by the civil affairs department;

3. A copy of the title certificate;

4, deed tax payment certificate and a copy;

5. A copy of the household registration certificate of the city where the house is purchased or the work certificate of the employees in the city where the house is purchased issued by the unit;

6. A copy of the loan contract;

7. A copy of the loan repayment certificate or mortgage payment certificate;

8. A copy of the power of attorney signed by the employee who agrees to inquire about his credit information;

9. Employees who borrow money from others shall also provide the following documents:

(1) If the employee borrows money jointly with his spouse, provide the proof and copy of the relationship between husband and wife;

(2) If the employee borrows money from minor children, provide the same household registration book or the birth certificate or relationship certificate of minor children and the copy issued by the public security department and notary department;

(3) If employees borrow money from other family members, they should also provide the withdrawal agreement signed by other employees with the borrower.