Legal subjectivity:

Equal repayment of principal and interest on provident fund loans means that the borrower repays the principal and interest of the loan in equal amounts every month during the loan period. The law stipulates that employees who have paid housing provident funds can apply for housing provident fund loans from the housing provident fund management center when purchasing, constructing, renovating, or overhauling their own homes. Legal objectivity:

Article 26 of the "Regulations on the Administration of Housing Provident Funds" Employees who have paid housing provident funds may apply for housing provident funds from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes. loan. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center.