If you have been entrusted to repay the loan on a monthly basis, when the balance of your housing provident fund account is insufficient to repay the monthly principal and interest of your housing provident fund loan, you cannot directly deposit cash into your housing provident fund account. The management agency will deduct the monthly principal and interest of your housing provident fund loan from the bank repayment card reserved when you apply for the housing provident fund loan. Please deposit enough monthly principal and interest in the bank repayment card.
You can also handle the monthly loan repayment business. The required materials are as follows: ID card, (marriage certificate) and "Wenzhou Housing Provident Fund Entrusted Monthly Loan Repayment Application Form" (company seal). In this case, when the balance in the housing provident fund account of the current month is insufficient, the repayment principal and interest of the current month will be fully deducted from the bank card of the current month, and when the balance in the housing provident fund account of the current month is sufficient for repayment, it will be deducted from the housing provident fund account of the current month.
Extended data 1. Purchase withdrawal: Withdraw the balance stored in the housing provident fund account of the month with the date specified in the last payment invoice or the date specified in the deed tax payment certificate, but the withdrawal amount shall not exceed the actual housing expenditure.
2. Withdrawal by repayment method: If the employee repays the principal and interest of the house purchase loan, the employee and his spouse can withdraw the storage balance in the housing provident fund account during the repayment of the house purchase loan, but the total amount withdrawn by both husband and wife shall not exceed the total amount of the loan principal and interest actually repaid in the current year.
If employees and their spouses fail to withdraw the housing provident fund during the repayment period, they can withdraw the accumulated balance of the housing provident fund that can be withdrawn but not withdrawn in the previous year (excluding the prepayment amount) during the withdrawal period of this year. If the principal and interest of the house purchase loan are paid off, the time limit for the final application for withdrawal shall not exceed 1 year from the date of loan repayment.
The repayment funds of provident fund housing loans are transferred year by year according to the month agreed in the employee agreement, and the repayment funds are transferred once a year. The annual repayment of the loan starts from the fifth working day of each month, and is transferred to the loan account within five working days (postponed on holidays) for partial prepayment. After partial prepayment, the lender still needs to repay according to the monthly repayment amount recalculated by the lending bank.
Monthly repayment (commercial housing loan and provident fund housing loan) shall be transferred within 3 working days after the client signs the entrustment agreement and deducts the reserved amount, and the 20th day of each month (postponed in case of holidays). Lenders also need to pay attention to their repayment cards at any time, and timely transfer the monthly repayment amount (or insufficient part) into the cards to avoid bad personal credit in loans overdue.
The order of transfer of housing loan repayment funds is the borrower first, then the spouse, and then the immediate family members (if there are multiple immediate family members, the funds will be transferred in the order of signing), and housing subsidies for new employees will be issued after the provident fund.
Personal housing provident fund replacement portfolio loan: firstly, the bank issues commercial housing loans to borrowers (employees who have paid housing provident fund) with bank funds, and then the entrusted bank applies for provident fund loans to the management center on behalf of the borrowers. The borrower's provident fund loan amount is controlled within its basic provident fund loan amount and does not exceed 70% of the commercial housing loan amount, and its basic provident fund loan period is shorter than the commercial housing loan period by more than 1 year.
The specific loan amount of housing provident fund is: First, it must not exceed the individual repayment ability, that is, the sum of the borrower's monthly deposit/borrower's provident fund deposit ratio+borrower's spouse's provident fund deposit ratio ×50%× 12 (month )× loan period.
The second is to buy the first ordinary self-occupied house, which shall not exceed 70% of the purchased house price (if the building area in Xing Tao is below 90 square meters (inclusive), it shall not exceed 80% of the purchased house price).
Third, borrowers (including spouses) should have the ability to repay the principal and interest of loans, and the average monthly income should not be lower than the minimum living standard for urban and rural residents in this city.
References:
Wuxi Municipal People's Government Network-How to transfer the repayment funds of entrusted loans?
Baidu encyclopedia-housing accumulation fund