The housing provident fund can be withdrawn within one year after purchasing a new house

1. Withdrawal conditions:

Employees purchase a new house with ownership for self-occupation and have not applied for a home purchase loan. Or those who have applied for a home purchase loan but within one year of purchasing the home.

2. Persons who can withdraw: the house purchaser and his or her spouse, the owner of the property and his or her spouse.

3. Review materials that should be provided:

1. Valid ID card, unit withdrawal certificate, house purchase contract registered and filed with the real estate management department, and payment invoice.

2. The original copy of the unit’s withdrawal certificate is required, and the original and copy are required for others.

3. To withdraw the spouse’s housing provident fund, you must also provide the original and copy of the spouse’s ID card, the original and copy of the marriage certificate, and the original work certificate of the spouse.

4. The withdrawal amount: shall not exceed the total house price. However, if the house has a housing provident fund loan, the amount that can be withdrawn is:

The total house price – the amount of the housing provident fund loan.

5. Withdrawal method: Withdrawal by transfer, transfer the money to the personal savings account opened by the withdrawer at the depositing bank.

6. Number of withdrawals: You can withdraw once within one year from the date of purchase. The withdrawal time for one year of purchase is calculated from the time of registration and filing of the purchase contract.

Hope to adopt it, thank you