The provident fund loan limit is related to the following aspects:

1. It is related to the maximum loan limit of the local provident fund. The provident fund in each region has a limit on the maximum loanable amount. It does not mean that customers can apply for as much as they want. The maximum loanable amount of provident fund loans in most cities is only a few hundred thousand. For details, please refer to the notice of the local provident fund center.

2. Relevant to the provident fund account balance. As long as the maximum loan amount of the provident fund is not exceeded, the larger the balance in the customer's provident fund account, the higher the provident fund loan amount that can be applied for. Under normal circumstances, the provident fund loan limit is 10 to 20 times the provident fund account balance. The calculation method is different in each region. Customers can consult the local provident fund center. Provident fund centers in some areas can determine the sum of the provident fund account balances of both spouses. In this case, it is indeed good news for married customers who want to buy a house. They can use the provident funds in the couple's accounts to apply for a provident fund loan. Maybe we can increase the amount of provident fund loans available and reduce the pressure on housing loans.

3. It is related to the provident fund payment base. Provident fund centers in some areas will stipulate that the monthly payment of a customer's provident fund loan shall not exceed half of the provident fund deposit base, which will also affect the customer's provident fund loan limit.

4. It is related to your monthly income. When applying for a provident fund loan, the provident fund center will pay attention to the customer's income like commercial banks, and will require the customer's monthly income to be at least twice the monthly provident fund payment. If the customer's other conditions are relatively good, then the personal monthly income The higher it is, the higher the provident fund loan you can apply for. In addition, the higher the customer's monthly income, it also means that their provident fund payment base will also increase, and the accumulation of provident fund account balance will also accelerate, which also has a positive effect on increasing the provident fund loan limit.

5. It depends on whether it is the first home. If a customer is applying for a provident fund loan to buy a second home, the provident fund loan amount for the second home in some areas will be lower than that for the first home. The details are subject to the notice of the local provident fund center.

6. It is related to local policy preferences. In some areas, the upper limit of the provident fund loan amount will be increased for some special families. This is mainly to reduce the living pressure of some families. Customers can consult the local provident fund center to find out whether there are corresponding preferential policies.

Necessary conditions for provident fund loans:

1. First, check whether you have a provident fund account. This can be seen in the daily salary details. It depends on whether the employer pays it to you. As long as you pay it, you will have an account. You can also log on to the website of the local provident fund center to check.

2. Under the premise of having a provident fund account, you must have made regular and full deposits for more than 6 months before the month you apply for a loan, or you must have paid provident fund cumulatively for more than one year, and you are still paying provident fund. Be eligible to apply for a loan. The purpose of this regulation is mainly to prevent job instability and unstable income, thereby controlling post-loan risks.

3. If either spouse has an unpaid provident fund loan, they will no longer be eligible for a housing provident fund loan.

4. If you have an unpaid loan with a large amount or a credit score, you will not be eligible for a housing provident fund loan.

5. The sum of the borrower’s age and the loan term must be less than 70 years old.

6. Before taking out a loan, a commercial housing sales contract must be signed.

Legal Basis

"Housing Provident Fund Management Regulations"

Article 26 Employees who pay housing provident funds shall not When living in housing, you can apply for a housing provident fund loan from the Housing Provident Fund Management Center.

The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures.

The risks of housing provident fund loans are borne by the housing provident fund management center.