The provident fund cannot be loaned for three times. Provident fund actually refers to "housing provident fund", which is the housing provident fund paid by social organizations such as state organs, state-owned enterprises, foreign enterprises and private enterprises for employees of the company. According to national regulations, if the borrower is single, he can make two provident fund loans. If the borrower gets married, then the number of provident fund loans will be merged by the two people as a family unit, and there will only be two opportunities for provident fund loans.
What are the characteristics of provident fund?
1, the provident fund system only has housing provident fund in cities and towns, but not in rural areas;
2. The provident fund shall be paid by both employees and the company, partly by the employee's unit and partly by individuals;
3. The provident fund has a special purpose and cannot be withdrawn at will. It can only be used to buy construction houses, decorate self-occupied houses or pay rent.
4. The provident fund can only be loaned twice at most, and the second loan can only be applied after the first loan is paid off.