Can I apply for monthly offset repayment for Shaoxing portfolio loan? The answer is yes.

So how to do it more economically? The monthly hedging business can only hedge the provident fund repayment portion, but cannot hedge the commercial loan portion and (including spouses) can no longer handle any over-the-counter withdrawal business. If the monthly provident fund payment is greater than the provident fund repayment, it is not recommended to apply for this business. It is more cost-effective to withdraw once a year.

In addition, I would like to remind you that if you have applied for monthly hedging business, but the money in the provident fund account is not enough to repay the principal and interest of the loan, the insufficient amount must be deposited into the loan repayment bank card before 24:00 on the 19th of each month. To avoid overdue payment.

Can the provident fund still be withdrawn after the Shaoxing provident fund monthly offset loan repayment?

Business processing rules: If you have handled the monthly hedging business, you cannot handle any other over-the-counter withdrawal business.

Withdrawal of provident fund: Article 24 of "Housing Provident Fund Management": If an employee has one of the following circumstances, he or she may withdraw the balance in the employee's housing provident fund account:

(1 ) Purchase, build, renovate, or overhaul self-occupied housing;

(2) Retirement or retirement;

(3) Completely lose the ability to work and terminate the labor relationship with the unit ;

(4) Settling abroad;

(5) Repaying the principal and interest of the house purchase loan;

(6) The rent exceeds the proportion of family wage income.

Article 25: If an employee withdraws the balance in the housing provident fund account, the employer shall verify it and issue a withdrawal certificate. Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision to approve or disallow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.