Simply put, the provident fund cannot be used to buy a house with a loan from a different place.

Housing accumulation fund refers to state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises and urban private enterprises.

Long-term housing savings paid by enterprises and other urban enterprises, institutions and their employees.

This definition of housing provident fund includes the following five aspects:

(1) Housing provident fund is only established in cities and towns, and there is no housing provident fund system in rural areas.

(2) Only on-the-job employees can establish the housing accumulation fund system. Unemployed residents in cities and towns do not implement housing surplus.

Gold system, retired workers do not implement the housing provident fund system.

(3) The housing accumulation fund consists of two parts, one part is paid by the employee's unit and the other part is paid by the employee.

Personal deposit part, employee's personal deposit part is withheld and remitted by the unit, and paid to the housing enterprise together with the unit deposit part.

Personal account of MPF.

(4) The long-term nature of housing provident fund deposit. Once the housing provident fund system is established, employees must

Uninterrupted deposit according to the regulations, except for employee retirement or other circumstances stipulated in the Regulations on the Administration of Housing Provident Fund.

Form, shall not be suspended and interrupted. It embodies the stability, unity, standardization and compulsion of housing provident fund.

(five) the housing provident fund is a personal housing storage for employees to use for housing consumption expenditure in accordance with the regulations.

Gold has two characteristics: first, it is cumulative, that is, although the housing provident fund is an integral part of employees' wages, it is not paid in cash and must be deposited in the special account opened by the housing provident fund management center in the entrusted bank.

Implement special account management. The second is specificity. The housing accumulation fund shall be earmarked for special purposes and can only be used for purchasing, building, overhauling self-occupied housing or paying rent during storage. Only when the employee retires, dies, completely loses the ability to work, terminates the labor relationship with the unit or moves out of the original city, can the housing provident fund be withdrawn from the account.

Hope to adopt,