The new rules for railway provident fund loans are to apply for provident fund loans for the first time. The maximum loan amount is 600,000 yuan, and the loan amount does not exceed 70% of the total price of the purchased house (the purchase area can be relaxed to 80% if it is less than 90 square meters); Employees apply for provident fund loans for the second time, and the maximum loan amount is 500,000 yuan, and the maximum loan amount does not exceed 40% of the total housing price. Calculation of loan amount: loan amount = (sum of monthly contributions of employee provident fund/ratio of contributions by units and individuals+sum of monthly contributions of spouse provident fund/ratio of contributions by units and individuals) × loan coefficient×12 months× loan period.

2. What information do you need for railway provident fund loans?

The information required for railway provident fund loans is as follows:

1. Original and photocopy of the borrower's ID card;

2. The original and photocopy of the spouse's ID card;

3. Provide relevant certificates of the Railway Bureau;

4. A copy of the original account of the borrower;

5. Original and photocopy of the house purchase contract

6. Application form for provident fund.

Third, the railway provident fund loan process

Railway provident fund loan process:

1. Loan users should first consult the corresponding provident fund management department and submit the required information;

2 provident fund management department for preliminary examination;

3. Review the guarantee qualification of the guarantee center;

4. Both parties sign the contract;

5. Pass all information to the handling bank;

6 in line with the loan conditions, the issuance of loans.

Legal basis:

"Regulations on the Management of Housing Provident Fund" stipulates that employees may withdraw the storage balance in the housing provident fund account under any of the following circumstances:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

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

(4) Having left the country to settle down;

(five) to repay the principal and interest of the owner-occupied housing loan;

(6) renting a house for self-occupation; (Employees and their spouses who have no own houses in Beijing and rent public rental houses or commercial houses can withdraw the housing provident fund to pay the rent. )

(seven) living in difficulties, is receiving the city minimum living allowance;

(eight) the occurrence of unexpected events, causing serious difficulties in family life;

(nine) migrant workers, terminate the labor relationship with the unit.