Legal analysis: the annual interest rate of loans for less than five years (inclusive) is 2.75%, the annual interest rate of loans for more than five years is 3.25%, and the interest rate of secondary provident fund loans rises 10%. In case of interest rate adjustment, if the interest rate is adjusted before the loan is issued, the new interest rate will be implemented; If the interest rate is adjusted after the loan issuance exceeds 1 year, it shall be implemented according to the adjusted provident fund loan interest rate standard from the year following the date of each interest rate adjustment.

Beijing provident fund loan conditions

1. When applying for a loan, the loan applicant should continuously deposit the housing provident fund for more than half a year (inclusive) and his housing provident fund account is in a normal deposit state;

2. Retirees have paid housing provident fund before retirement;

3. The loan applicant must be qualified to buy a house in Beijing;

4. Apply for a loan to pay the house price of the purchased house;

5. If the loan applicant (including the same applicant, the same below) has no housing loan record (including commercial housing loans and housing provident fund personal housing loans) and has no housing in this city, it shall be handled according to the first home loan policy;

6. If it does not belong to the first suite and is approved as the second suite, it shall be handled according to the second suite loan policy;

7. If there are two or more houses approved, no loans will be granted.

Legal basis: Regulations on the Management of Housing Provident Fund

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.

Twenty-seventh applicants for housing provident fund loans shall provide guarantees.