1. How to apply for the annual provident fund recharge

To apply for the provident fund annual recharge, the lender takes the loan contract, ID card, housing provident fund account number and the latest repayment voucher to the borrowing bank. That's it. Provident fund annual deposit can only be applied for once a year, which is more suitable for borrowers with large provident fund account balances and low cash pressure. The repayment of the provident fund annual offset is to repay the principal of the provident fund loan first, and the principal of the commercial loan can be offset only after the provident fund loan is repaid. If you want to change the provident fund offset loan method, you can only apply after the original provident fund offset loan agreement has been executed for one year. Conditions for application for monthly hedging of housing provident fund: 1. The borrower's housing provident fund loan has been issued (or after repaying part of the principal in advance) and the repayment is more than one month without overdue; 2. The applicant for hedging loan repayment has paid the housing provident fund normally and has not If the payment is in arrears for more than 3 months (inclusive), the sum of the provident fund balance shall not be less than 6 times of the monthly repayment amount. Housing provident fund application process: 1. The borrower takes his ID card to the lending bank to obtain the "Offset Loan Application Approval Form", verify the loan-related data, and stamp it with the bank's seal. 2. Within 3 working days after receiving the form from the bank, bring the information to the provident fund management department where the loan procedures were originally handled. The annual replenishment time of provident fund is in April and September. Users can apply for the annual replenishment of provident fund on any working day, but they can only apply once a year. The provident fund annual offset is actually an early repayment of the mortgage amount once a year, which is suitable for users with a large provident fund account balance. After applying for annual offset, you can offset more loan principal at one time, which can reduce the total interest on the loan. The housing provident fund is a long-term housing savings deposited by the unit and its employees. It is the main form of monetization, socialization and legalization of housing distribution. The housing provident fund system is an important housing social security system stipulated by national law and is mandatory, mutually supportive, and protective. Units and individual employees must fulfill their obligations to pay housing provident funds in accordance with the law. Legal basis: Article 3 of the "Housing Provident Fund Management Regulations" The housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit for employees belong to the individual employee.

2. Process of provident fund offset loan

Methods for withdrawing housing provident fund to repay loan (referred to as "offset loan"):

1. One-time repayment Method (referred to as "annual offset") - a method of withdrawing the housing provident fund balance to repay the loan balance in one go, recalculating the monthly repayment amount and continuing to make monthly repayments.

2. Monthly repayment method (referred to as "monthly offset") - a method of withdrawing money directly from the housing provident fund account of the borrower every month to repay the principal and interest of the housing loan for that month.

Using the one-time repayment method, the client can withdraw the housing provident fund only once a year for loan repayment; using the monthly repayment method, the client can withdraw the housing provident fund every month to repay the principal of the housing loan that month. money and interest. When the amount of housing provident fund withdrawn is insufficient, the borrower should make up the repayment amount in a timely manner. Withdrawing the housing provident fund can also repay commercial housing loans. The loan withdrawal and repayment time is announced by the Shanghai Provident Fund Management Center.

Application location:

1. For purchasing, constructing, renovating or overhauling a self-owned housing provident fund loan, or applying for a loan to purchase an affordable housing, the borrower shall handle the business of withdrawing the housing provident fund and repaying the loan When applying, changing or terminating, the borrower should apply to its housing provident fund loan lending bank;

2. During the entrustment period, the person who withdraws and repays the loan changes (except the borrower), or the withdrawal and repayment changes. Method, you can apply to the original loan lending bank and sign a change agreement. The change in the withdrawal and repayment method will take effect one year after the original entrustment agreement. The increase or decrease of the principal is not subject to this restriction. Before the loan principal and interest are settled, the withdrawal and repayment method will not be affected. The borrower may terminate the entrustment with the loan lending bank, but shall not apply for the loan repayment entrustment again within one year;

3. The borrower has repayment difficulties after applying for an affordable housing loan and needs to make additional supplementary repayments. If the borrower is a borrower, he or she may apply to the business outlet of the Shanghai Provident Fund Management Center that originally handled the affordable housing loan.

With the consent of the supplementary repayer and approval by the Shanghai Provident Fund Center business acceptance outlet, and after signing the relevant supplementary agreement, the balance of the housing provident fund paid by the borrower's parents, children, brothers and sisters can be used exclusively for the repayment of affordable housing loans. payment.

Processing requirements:

1. When the borrower applies for the withdrawal of housing provident fund and loan repayment business, he or she must provide: the housing provident fund account number of the borrower, the borrower’s spouse and *** the same borrower, ID card, marriage certificate, household registration book and the borrower’s latest loan repayment voucher;

2. When the borrower applies for the change or termination of the housing provident fund repayment loan business, all original principals should bring it with them Loan contract, ID card, household register and original "Power of Attorney".

Processing time limit: If you make an appointment with the processing outlet in advance and the application materials are complete and meet the processing conditions, the processing time limit shall not exceed 3 working days.

3. How to apply for annual offset of provident fund

1. Annual offset (one-time repayment method)

Refers to withdrawing the housing provident fund account balance from the trustee bank once a year , repay the loan principal in one go, and recalculate the monthly repayment based on the remaining loan principal and repayment term after the loan has been offset. After a one-time loan repayment, the monthly repayment needs to use the customer's own funds, not the money in the provident fund account.

2. Monthly offset (monthly repayment method)

Refers to the method of withdrawing money directly from the client’s provident fund account every month to repay the principal and interest of the loan for that month. When the amount of provident fund withdrawn is insufficient, the client should make up the repayment amount in a timely manner. This method can not only offset the principal and interest of provident fund loans, but also offset the principal and interest of commercial loans.

Note: If the customer chooses the one-time repayment method, he cannot choose the monthly repayment method. He can only choose one of the two. However, if you want to change the method of offsetting and repaying the loan in the future, the customer only needs to go to his or her lending bank to change the method of offsetting and repaying the loan.

4. Tutorial on how to apply for provident fund annual offset?

1. The lender can go to the borrowing bank with the loan contract, ID card, personal housing provident fund account number and the latest repayment voucher. The repayment voucher can be obtained from the borrowing bank.

2. The provident fund annual offset can only be applied for once a year. The annual offset can be understood as partial early repayment once a year, which is more suitable for borrowers with a large provident fund account balance and low cash pressure. , repaying a larger amount of principal at one time can reduce the total repayment interest.

3. The repayment of the provident fund annual offset is to repay the principal of the provident fund loan first, and the principal of the commercial loan can be offset only after the provident fund loan is repaid.

4. If you want to change the provident fund offset loan method, you can only apply after the original provident fund offset loan agreement has been implemented for one year. You also need to apply to the lending bank for change procedures.