1. When employees withdraw the housing provident fund, the employees themselves or entrust others to apply to any management department of the provident fund center with relevant certification materials. If the provident fund center that meets the conditions for withdrawal is closed immediately, and the relevant information provided by the applicant needs to be investigated and verified, the provident fund center shall make a decision on approval or disapproval of withdrawal within 3 working days from the date of accepting the application, and notify the applicant.
2. Upon examination, if the withdrawal conditions are met, the Provident Fund Center will transfer the withdrawal amount to the withdrawal settlement account agreed between the withdrawal applicant and the Provident Fund Center, in which the withdrawal settlement account includes: employee housing provident fund joint card and Class I debit card.
Provident fund is a housing provident fund, a housing policy fund, and a welfare continuation after the state cancels the welfare housing distribution. After the employer pays the housing provident fund for employees, employees can enjoy some preferential policies, such as buying a house with a housing provident fund loan. Housing provident fund employees only need to pay half of the money, and half is paid by the unit.
Conditions for withdrawal of Qingdao provident fund:
1, employees purchase, build, rebuild, overhaul self-occupied housing to withdraw provident fund.
2. The employee repays the principal and interest of the provident fund extracted from the self-occupied housing loan with property rights.
3. Employees lease the housing in this city for self-occupation and withdraw the provident fund.
4. Withdrawal of employee retirement and resignation provident fund.
5. The employee completely loses the ability to work, and terminates the labor relationship with the unit to withdraw the provident fund.
6. Withdraw employee provident fund for overseas settlement.
7, enjoy the minimum living guarantee for urban residents workers to withdraw provident fund.
8. The employee has not been re-employed for 2 years after the termination of the labor relationship with the city unit, including the withdrawal of provident fund for more than 2 years.
9. The household registration moves out of this city or the household registration is not in this city, and terminates the labor relationship with this city unit and leaves this city to withdraw the provident fund.
10, the employee himself or his immediate family members suffer from serious diseases, causing serious difficulties in family life.
1 1, withdrawal of provident fund for termination of labor relations between migrant workers and units.
To sum up, there are four benefits of housing provident fund deposit: improving the ability to buy houses, protecting residents' housing rights and interests, obtaining preferential loans from provident fund and improving personal credit.
Legal basis:
Regulations on the administration of housing provident fund
Article 25
If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate.