The balance after the provident fund loan can be withdrawn, but the corresponding conditions must be met. After the ordinary provident fund loan, 12 months later, you can apply to the provident fund center for monthly repayment (not exceeding the balance of the provident fund) with the commercial housing sales contract, purchase invoice or receipt registered by the housing management department.

The following are the circumstances in which the housing provident fund can be withdrawn:

1, purchase, build, renovate and overhaul owner-occupied housing;

2. Retired;

3, completely lose the ability to work, and terminate the labor relationship with the unit;

4. Go abroad to settle down;

5. Repay the principal and interest of the house purchase loan;

6, the rent exceeds the prescribed proportion of family wage income.

Provident fund loans refer to individual housing provident fund loans, which are issued by local housing provident fund management centers. With the housing provident fund paid by employees who apply for provident fund loans, commercial banks are entrusted to provide mortgage loans to housing provident fund depositors who purchase, build, renovate or overhaul their own houses and retired employees who pay housing provident fund during their working life.

According to the regulations, employees who have paid housing provident fund for a certain number of years or more (the number of years varies from city to city, such as 12 months or more in Changsha) can apply for provident fund loans when the funds for purchasing, building, renovating or overhauling their own houses are insufficient.

First, the housing provident fund extraction process:

1. The unit manager goes to the banking service outlets to receive and purchase the housing provident fund withdrawal application and cash (transfer) check;

2. When employees apply for withdrawal of housing provident fund, they shall provide relevant certification materials to the unit in accordance with regulations. After verification, the unit shall fill in the Application for Withdrawal of Housing Provident Fund and cash (transfer) cheque, and affix the reserved seal. When employees who have individual accounts of housing provident fund in centralized households in the management center withdraw housing provident fund, they should bring relevant supporting materials directly to the business hall of the management center or the counter of the management department of the district and county sub-centers to apply;

3. Employees shall, in accordance with regulations, bring the Application Form for Withdrawing Housing Provident Fund and relevant supporting materials to the banking service outlets (district and county sub-center management departments) to apply for withdrawing housing provident fund;

4. After the information provided by the staff is qualified, the staff will extract and review the staff, print the acceptance receipt and submit it to the staff for confirmation, and submit the copy of the acceptance receipt 1 and the original supporting materials to the staff;

5, the extraction of housing provident fund into the employee's own housing provident fund joint card savings account.

Second, the housing provident fund extraction requirements:

1. If the employee chooses to repay the loan annually, the first application for withdrawal is the repaid principal and interest amount from the loan issuance date to the withdrawal date and the payable principal and interest amount 12 months from the application withdrawal date, and the interval of each subsequent withdrawal is 12 months.

2. Employees who use housing provident fund to repay all the loan principal and interest in advance can withdraw a housing provident fund before returning the loan principal and interest, and the withdrawal amount shall not exceed the loan principal and interest that should be returned. Provide the loan contract, repayment passbook or card (latest repayment list), the latest loan balance form issued by the loan bank, and the employee's effective collection account when applying.