Handling the business process of entrusted deduction and repayment of provident fund
1. Preparation of application materials: (1) Original and photocopy of the client's ID card; (2) Bank savings repayment passbook (card) agreed to repay the provident fund loan; (3) Fill in the Application Form for Entrusted Deduction of Housing Provident Fund and Repayment of Provident Fund Loan (get the application form from the bank where the account is opened or download it from Wuhan Housing Provident Fund website).
2. The customer company verifies the account information. The customer will fill in the application form and submit it to the unit (the unit that pays the provident fund for itself). After the unit fills in the client's ID number and the deposit account number of the provident fund, it will affix the bank seal reserved by the unit's provident fund to verify the authenticity and accuracy of the client's deposit account information.
3. Go to the bank to authorize the entrusted deduction. (1) Deposit the loan repayment information entrusted by bank registration and print the registration receipt. (2) The bank that opens the account shall handle the authorization of entrusted deduction for repayment, and sign the authorization of entrusted deduction for provident fund repayment.
Matters needing attention
1. Introduction to entrusted deduction of provident fund
Entrusted deduction of provident fund repayment means that the borrower of provident fund loan and his spouse authorize Wuhan Housing Provident Fund Management Center to deduct their housing provident fund deposits once a month or every year and directly return the provident fund loan by signing the Letter of Authorization for Entrusted Deduction of Housing Provident Fund to Return the Provident Fund Loan. There are two types and three ways to choose from: (1) monthly deduction. (2) Deduction and repayment year by year-reducing the monthly payment. (3) Deduction and repayment year by year-shortening the term. The borrower and spouse must choose the same entrusted deduction method to repay the loan.
2, provident fund entrusted deduction object and application conditions.
Borrowers and their spouses who have paid the provident fund in the provident fund management center and have outstanding provident fund loans may apply for entrusted deduction of the provident fund. The application conditions for entrusted deduction are as follows: (1) The client's housing provident fund deposit account has not entered the state of centralized custody, freezing and account cancellation; (2) The bank savings repayment account that agreed with the lending bank to repay the provident fund loan has successfully deducted repayment 1 time or more in Wuhan Housing Provident Fund Information System (including 1 time).
3. Modification and termination of the agreement on entrusted deduction of provident fund.
① Change of entrusted deduction agreement
During the authorization period of entrusted deduction, if the customer needs to change the entrusted deduction method or the first deduction date of annual deduction repayment, he can bring his ID card and copy to the deposit bank of the provident fund to handle the entrusted authorization change and sign the authorization change.
② The entrusted deduction agreement is terminated.
If the client needs to terminate the execution of the original Power of Attorney during the period of authorized deduction, he can sign the Power of Attorney for Termination with the original and copy of his ID card at the deposit bank of the provident fund.
4. Execution time of entrusted deduction of provident fund
The execution time of monthly deduction of repayment method is 20th of each month, and the execution time of annual deduction of repayment method is the annual deduction date specified by the customer. In case of holidays, it will be postponed to the first working day after the agreed date.
(The above answers were published on 20 17-04-20. Please refer to the actual situation for the current purchase policy. )
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