65438+ The application conditions for annual loan repayment are: purchase of the house with ownership and personal housing mortgage loan, the housing loan has not been paid off, and the housing accumulation fund has not been repaid automatically on a monthly basis. Employees who purchase houses in different places, and the houses purchased are not in the place where employees and their spouses work or register (excluding Fujian Province), shall not withdraw the housing provident fund to repay the loan annually.

2. Entrusted to repay the loan automatically every month. As long as the employee signs a contract, the bank authorized by the Municipal Provident Fund Center will automatically transfer the loan for the employee every month; Repaying the loan annually requires employees to go to the provident fund center and bank for transfer repayment procedures every year.

3. Entrusted monthly automatic repayment is to transfer the employee housing provident fund to the repayment withholding account, which is used to return the principal and interest of the employee's housing mortgage loan in the current month and reduce the monthly repayment pressure; Repaying the loan annually is to transfer the employee housing provident fund to the employee loan account to offset the loan principal balance, and then recalculate the employee's monthly mortgage loan principal and interest to reduce the monthly interest expense, and at the same time, the monthly repayment amount will be reduced accordingly.