Why can the military provident fund only have four major banks?
The entrusted loan agreement of military provident fund signed by the military logistics department and the four major commercial banks in China. Provident fund, a technical term, pinyin is G, not NGJ, J and N, which usually refers to housing provident fund and sometimes refers to company provident fund. The reason why the military provident fund can only be used in the four major banks is that the military logistics department has signed an entrusted loan agreement with the four major commercial banks around the country. Since July 1 2065438, the transfer and connection of housing provident fund in different places have all been handled through the "National Platform for Transfer and Connection of Housing Provident Fund in Different Places". Gradually realize "accounts go with people, money goes with accounts". At the same time, we will vigorously promote off-site loan services to meet the funding needs of paid employees for cross-regional housing purchases.