The provident fund can be withdrawn when buying a car. The materials required to receive the provident fund are as follows:
1. The original and copy of the house purchase contract or agreement;
2. Employee ID card Original and copy;
3. Provident fund withdrawal certificate issued by the provident fund unit;
4. Original and copy of provident fund card;
5. Other materials .
Withdrawal process:
1. The individual applies to the unit and submits the corresponding withdrawal certification materials under each condition;
2. The unit notifies the provident fund after passing the review Center, when employees close their accounts and withdraw funds, the unit still needs to go to the handling bank to seal the provident fund for relevant personnel;
3. The Provident Fund Center will review and approve the employee's provident fund withdrawal application;
4. Provident Fund Center Transfer the money to the unit, and the unit will transfer it to the employee's bank account.
Withdrawal conditions:
1. Employees or their immediate family members purchase a self-occupied house and pay off the purchase price within one year of signing the house purchase contract or within one year of applying for the house ownership certificate;
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2. The employee or his spouse repays the principal and interest of the house purchase loan within the loan term and repayment amount;
3. The employee or his spouse builds, renovates, or overhauls a self-occupied house with property rights, and The house is completed within one year.
Legal basis:
Article 25 of the "Housing Provident Fund Management Regulations"
If an employee withdraws the balance in the housing provident fund account, the unit where he works shall Verify and issue withdrawal certificate.
Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.