Henan province provident fund loan is a loan method with housing provident fund as pledge, which is mainly used for buying, building and decorating houses. The loan amount is determined according to the applicant's deposit record and repayment ability, with a maximum of 3 million yuan. Generally speaking, the loan amount shall not exceed 70% of the total value of the house. The borrower must meet some basic conditions and regulations, such as age and occupation. Specifically, the borrower must be over 22 years old and under 65 years old; Have a stable job or business income; Housing accumulation fund has been paid 1 year. In addition, the repayment period is also an important consideration, which can be adjusted according to the actual situation of the borrower. It should be noted that Henan provident fund loans can only be used for specified purposes, such as buying self-occupied housing and transferring second-hand housing. , shall not be used for non housing investment or consumption.
What will happen if the borrower fails to repay the loan on time? If the borrower fails to repay the loan on time, he may face penalties such as overdue interest and fines. If the repayment is delayed for a long time, the personal credit record may be damaged and included in the "list of dishonesty", which will affect the personal loan and credit record in the future. In addition, the borrower may also face risks such as the house being auctioned or sealed up.
Henan province provident fund loan is a kind of loan method with housing provident fund as pledge, which can be used to buy, build and decorate houses. The loan amount is determined according to the applicant's deposit record and repayment ability, which specifically meets the relevant conditions and regulations. The borrower should repay the loan on time, otherwise it will face penalties such as overdue interest and fines.
Legal basis:
"Regulations on the Management of Housing Provident Fund" Article 24 If an employee is under any of the following circumstances, he can withdraw the storage balance in the employee's housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.