The Provident Fund Supervision Department has no right not to disburse funds. The provident fund supervision department is the department that supervises whether provident fund loans are reasonable. It is a supervisory department and has no enforcement power. If provident fund loans do not comply with relevant national regulations and are not approved by the provident fund supervisory department, the bank will not lend. If the provident fund loan is approved, the bank will disburse the loan according to the loan regulations.

1. Notes on provident fund loans

1. Supplement relevant information. If you want to successfully apply for provident fund loan products, you must ensure that the materials submitted are complete and authentic.

2. Maintain personal credit. Before applying for a provident fund loan again, everyone must maintain their personal credit and never engage in bad behavior such as late payment, otherwise it will be more difficult to apply for a provident fund loan again.

3. Reduce personal debt. Before submitting a provident fund loan application, you should take the initiative to repay part of the debt, which can reduce your personal debt ratio, ensure that the debt ratio is within 50% of your income, and prove your repayment ability to the provident fund management center, thereby effectively improving your loan application success. Rate.

4. Room type requirements. Not all houses can be purchased with provident fund loans, and investment houses such as villas, commercial buildings, and commercial and residential buildings are not allowed.

2. Provident Fund Loans

Provident Fund loans refer to personal housing provident fund loans, which are housing mortgage loans issued by the local Housing Provident Fund Management Center, using the housing provident funds paid by employees who apply for provident fund loans. , commercial banks are entrusted to grant loans to housing provident fund depositors who purchase, construct, renovate, and overhaul their own homes and retired employees who have paid housing provident funds during their employment. If employees pay housing provident funds in accordance with regulations for more than a certain period (the period varies from city to city, such as more than 12 months in Changsha), they can apply for provident fund loans when they have insufficient funds for house purchase, decoration, and overhaul.

To sum up, provident fund loans are the state’s housing guarantee for enterprise employees. If the home buyer meets the conditions for a provident fund loan, the provident fund regulatory department has no right not to disburse the loan.