The repayment method of Guangzhou Provident Fund loan is: if the loan term is within 1 year (including 1 year), the principal and interest of the loan will be paid off in one lump sum; If the loan term exceeds 65,438+0 years, the loan principal and interest shall be repaid by equal monthly principal and interest or average capital repayment. The loan is repaid by the borrower in cash every month, or the entrusted loan bank can sign an entrusted withholding agreement with the borrower to withhold the loan principal and interest from the borrower's deposit. Regarding the repayment method of Guangzhou provident fund loan, the following is a detailed answer from Bianxiao. com. I. How to repay the Guangzhou Provident Fund loan If the loan term is within 1 year (including 1 year), the repayment method of paying off the loan principal and interest in one lump sum shall be implemented; If the loan term exceeds 65,438+0 years, the loan principal and interest shall be repaid by equal monthly principal and interest or average capital repayment. The loan is repaid by the borrower in cash every month, or the entrusted loan bank can sign an entrusted withholding agreement with the borrower to withhold the loan principal and interest from the borrower's deposit. Second, the Guangzhou provident fund loan processing materials 1. Applicant's valid ID card (both ID cards are required for husband and wife to apply together) 2. Household registration book (for joint application by husband and wife, both household registration books are required) 3. Marital status materials 4. Purchase record contract 5. A type of savings card of the applicant's loan bank. Personal credit report of the applicant and his spouse. Down payment invoice and supervision confirmation table 3. Handling of Guangzhou Provident Fund Loan According to Article 12 of the Regulations on the Management of Housing Provident Fund, the Housing Provident Fund Management Committee shall, in accordance with the relevant provisions of the People's Bank of China, designate a commercial bank entrusted with the financial business of housing provident fund (hereinafter referred to as the entrusted bank); The housing provident fund management center shall entrust the entrusted bank to handle financial services such as housing provident fund loans and settlement, as well as the establishment, deposit and return procedures of housing provident fund accounts. The housing provident fund management center shall sign an entrustment contract with the entrusted bank. Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities. The risk of housing provident fund loans shall be borne by the housing provident fund management center. It doesn't mean that we can borrow money from the housing provident fund after paying it. We need to meet the loan conditions of provident fund before we can apply for provident fund loans, and the amount of provident fund loans is also limited. I hope the above content can help you. If you have other legal problems, you can consult online.

Legal objectivity:

According to Guangzhou Housing Provident Fund Center, according to the analysis of employees' contributions in Guangzhou, employees with monthly contributions of 500- 1000 yuan can meet the conditions of individual housing provident fund loans of 500,000 yuan according to the new quota calculation formula. The average monthly deposit of employees in this grade is 725 yuan, the average account balance is 20 thousand yuan, and the average age is 33 years old (male). According to the formula, you can borrow 500 thousand. The Opinions of the General Office of Guangzhou Municipal Government on Further Improving the Regulation of the Real Estate Market and the Notice of Guangzhou Branch of the People's Bank of China on Adjusting the Differentiated Housing Credit Policy in Guangzhou have required that the down payment for the loan to buy a second home should not be less than 70%. 1 1, the housing accumulation fund 1 can be withdrawn to purchase, build, renovate or overhaul the owner-occupied housing with ownership. 2. Repay the principal and interest of the house purchase loan. 3. Rent a house for self-occupation. 4. Retirement (or reaching the legal retirement age). 5, completely lose the ability to work, and terminate the labor relationship with the unit. 6. Those who go abroad to settle down. 7, non city registered permanent residence workers and units to terminate the labor relationship. 8, the account moved out of the city, and the termination of labor relations with the unit. 9. Laid-off workers, male 45 years old (including 45 years old), female 40 years old (including 40 years old), laid-off and unemployed for more than 12 months. 10. When an employee dies or is declared dead, his successor or legatee applies for withdrawing the balance paid in the employee housing provident fund account. 1 1. Other circumstances stipulated by the Management Committee according to relevant laws and regulations.