provident fund withdrawal must meet the following conditions.

1. Extraction conditions

The extraction of housing provident fund must meet certain conditions, and the storage balance in the employee housing provident fund account can be extracted under one of the following circumstances:

(1) purchase, construction, renovation and overhaul of owner-occupied housing with ownership;

(2) Resignation, retirement or retirement;

(3) completely losing the ability to work and terminating the labor relationship with the unit;

(4) leaving the country to settle down;

(5) repaying the principal and interest of the house purchase loan;

(6) The rent exceeds the prescribed proportion of family wage income.

2. Withdrawal process

(I) Withdrawal approved by the Provident Fund Center

Except for two types of withdrawals, namely, employees leaving the household registration and employees retiring, other types of withdrawals must be reviewed by the Provident Fund Management Center before they can go through the withdrawal procedures in the bank. The procedures are as follows:

1. Submit relevant documents, which will be reviewed and sealed by the Municipal Housing Provident Fund Management Center or office.

2. Take the Housing Provident Fund Withdrawal Form, special passbook for housing provident fund or joint card for housing provident fund, and valid ID card, which have been audited and sealed by the municipal provident fund management center or office, to the relevant bank's housing provident fund business handling outlets for withdrawal.

(II) Extraction of entrusted bank audit

The termination of labor relations between non-registered employees and their units and the extraction of divorced and retired employees have all been entrusted to the Construction Bank for audit. The resignation certificate (non-registered employees leaving their jobs), retirement certificate and ID card issued by the applicant can be directly extracted from the relevant bank housing provident fund business outlets in this city.

(III) Entrusted withdrawal of provident fund for repayment of loans (that is, automatic monthly deduction)

Borrowers and their spouses who have handled the housing provident fund loan business of Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Merchants Bank and China CITIC Bank in this Municipality may apply for entrusted withdrawal of housing from provident fund. This business must be approved by the provident fund center or office in person with relevant information, and cannot be entrusted to others. The loan bank is an applicant of a bank other than China Construction Bank. It must first apply for a joint provident fund card at the relevant bank outlet where the unit opens an account and be associated with the provident fund account (activated) before handling this business.