2. Deduction from provident fund account: this type is also called provident fund repayment, which means that the user entrusts the bank to withdraw money from the balance of personal provident fund account to repay the monthly loan;
3. Withdraw money from the provident fund account for repayment: During the repayment period, the user can obtain assets from the provident fund account to repay the mortgage. For example, users can withdraw funds from the personal provident fund once a year to repay the mortgage in advance.
4. The repayment method of provident fund loans is similar to that of commercial loans, except that users who apply for provident fund loans can repay with the money in their personal provident fund accounts, while most users who apply for commercial loans do not have personal provident fund.
1. What is the free repayment of provident fund?
Free repayment of provident fund means that the next month corresponding to the next payment date is the repayment date. Simply put, the next payment date is a certain day of each month, and the repayment date is a certain day of each month. If there is no corresponding repayment date this month, users need to repay on the last day of the month.
Moreover, there are two ways to choose from for free repayment of provident fund: equal principal repayment and equal principal and interest repayment. Users can choose the repayment method suitable for individuals. It should be noted that if the user has settled all the loans, he needs to go to the loan bank to obtain the proof of settlement of all the loans.
If the bank card repaid by the user is lost, it is necessary to go to the bank to reissue the business immediately, and replace the bank card with the management department that applied for the loan as soon as possible, so as to avoid the repayment from loans overdue.
2. Housing provident fund individual housing loan repayment business operation
1. Pay off all loans in advance through the platform of individual online merchants.
2. Pay off all loans in advance through the provident fund APP.
3. Pay off all loans in advance through 12329 customer service telephone.
4. Pay off all loans in advance through the government service convenience self-service terminal.
5. Pay off all loans in advance through the loan business counter.
3. Repayment of provident fund loans is directly deducted from the provident fund. There are two methods according to the situation. Details are as follows:
1. One-time repayment method: it means to withdraw the balance of the housing provident fund account from the entrusted bank once a year, repay the loan principal once, and recalculate the monthly repayment amount according to the remaining loan principal and repayment period after repayment.
2. Monthly repayment method: refers to the method of directly withdrawing the loan principal and interest of the current month from the customer's provident fund account every month. When the amount of the withdrawn provident fund is insufficient, the client shall make up the repayment amount in time. Article 26 of the Regulations on the Management of Housing Provident Fund stipulates that employees who have paid housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center.
legal ground
Regulations on the administration of housing provident fund
Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
The risk of housing provident fund loans shall be borne by the housing provident fund management center.