The provident fund is credited to the lending bank, and the credit cannot be withdrawn.

1. The offset cannot replace your monthly repayments. You can only make a large payment in advance, which can be offset against the loan amount, so that your monthly repayments will be reduced in the future.

2. The interest rate for provident fund loans for 1-5 years is 4.59, and the interest rate for 6-30 years is 5.04. The maximum provident fund loan will be adjusted from 400,000 to 600,000 on July 1 this year. ?The maximum loan term is 30 years.