Can the balance be withdrawn after a provident fund loan?
The balance can still be withdrawn after a provident fund loan. Provident fund loans and the withdrawal of provident fund balances are actually two different things. No matter what business is handled, as long as the user meets the conditions for the relevant business. According to national regulations, after providing a housing provident fund loan, users can also withdraw it according to the repayment of the housing provident fund loan.
Applicants for provident fund loans need to understand that the balance after the provident fund loan can be withdrawn, but the corresponding conditions must be met. If the home buyer did not withdraw the provident fund when purchasing the house and applied for a housing provident fund loan, he or she can also withdraw the housing provident fund after one year.
Legal basis:
Article 25 of the "Regulations on the Administration of Housing Provident Fund" If an employee withdraws the balance in the housing provident fund account, the unit where he works shall verify it and issue a withdrawal certificate.
Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.
How to withdraw the balance after a provident fund loan
Legal analysis: After the loan, the user can apply to the Provident Fund Center to withdraw the monthly payment with relevant information 12 months later, and every year thereafter Can be extracted once. Provident fund loan applicants need to understand that the balance after the provident fund loan can be withdrawn, but the corresponding conditions must be met. If the home buyer did not withdraw the provident fund when purchasing the house and applied for a housing provident fund loan, he or she can also withdraw the housing provident fund after one year. The housing provident fund system is actually a housing security system and a form of monetization of housing distribution. The housing provident fund system is an important housing social security system stipulated by national law and is mandatory, mutually supportive, and protective. Units and individual employees must fulfill their obligations to pay housing provident funds in accordance with the law. The housing provident fund paid by individual employees and the housing provident fund paid by the unit for them are stored in special accounts and belong to the individual employees.
Legal basis: "Housing Provident Fund Management Regulations"
Article 24 If an employee has any of the following circumstances, he or she may withdraw the balance in the employee's housing provident fund account:
(1) Purchasing, constructing, renovating or overhauling self-occupied housing;
(2) Retired or retired;
(3) Completely losing the ability to work, and Terminating the labor relationship with the employer;
(4) Leaving the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(6) The rent exceeding the household limit stipulated proportion of salary income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, if the employee housing provident fund is withdrawn, the employee housing provident fund account shall be canceled at the same time.
If an employee dies or is declared dead, the employee’s heirs and legatees can withdraw the balance in the employee’s housing provident fund account; if there is no heir or legatee, the balance in the employee’s housing provident fund account can be withdrawn. Included in the value-added income of the housing provident fund.
Article 25 If an employee withdraws the balance in the housing provident fund account, the unit where he/she works shall verify it and issue a withdrawal certificate.
Employees should apply to the Housing Provident Fund Management Center to withdraw housing provident funds with the withdrawal certificate. The Housing Provident Fund Management Center shall make a decision on whether to approve the withdrawal or not to allow the withdrawal within 3 days from the date of accepting the application, and notify the applicant; if the withdrawal is approved, the entrusted bank shall handle the payment procedures.
After applying for a housing provident fund loan, how to use the balance?
After applying for a housing provident fund loan, the portion of the personal housing provident fund payable will continue to be withheld from the salary. Not only must the mortgage payment be repaid, but also Withhold provident fund. Moreover, it needs to be paid back from wages.
1. There are two repayment methods for provident fund loans. One is to use cash and deposit it on the loan repayment bank card every month to repay the loan; the other is to entrust the "provident fund center" to transfer it on a monthly basis. Use the balance in your provident fund account to repay the loan.
2. Choose the first way to repay the loan. It is easy to understand. Just deposit the money on the bank card used to repay the loan every month. If you choose the second way to repay the loan, use your own provident fund. The balance in the account is used to repay the loan on a monthly basis. After completing the loan procedures, you need to apply, fill out the "Application Form for Entrusted Monthly Transfer of Housing Provident Fund for Loan Repayment" and submit it. Then you can use the balance of the personal provident fund to repay the personal provident fund. Got a loan.
3. Customers are reminded that the loan procedures and the office provident fund balance repayment procedures are two different procedures. Some customers mistakenly believe that completing the loan procedures is equivalent to completing the provident fund balance loan repayment procedures. They can automatically use the provident fund to repay the loan without applying for it themselves. This is wrong and will delay your timely repayment and create a bad repayment record. .
First of all, there are many classifications of personal loans. Here we only classify them according to whether there is collateral, and they are divided into mortgage loans and unsecured credit loans. The following is a simple analysis and explanation of the two types of loans:
1. Unsecured credit loans, which we refer to as credit loans, are pure credit loans issued by banks to individual customers based solely on the nature of the unit, punch-in salary, social security provident fund, etc. This will also derive a consumption The concept of loan, of course, there is no direct difference between the two concepts.
2. Mortgage loans, here mainly refers to house mortgage loans, of course, there are also vehicle mortgage loans, etc., which will not be described in detail here. Mortgage loans are divided into two types: mortgage business loans and mortgage consumer loans. The amount of mortgage consumer loans generally does not exceed 1 million. Mortgage business loans refer to using personal houses to apply for loans for company operations. As the name suggests, you need to have a company in your own name or in the name of your immediate family members. Immediate family members include husband and wife, parents, children, brothers and sisters, etc. Mortgage loans can also be divided into first offset and second offset based on whether there is a mortgage. In other words, those with mortgages are called second offsets. Let's take a look at how to operate a mortgage business loan:
Valuation, based on the property cost, the appraisal agency will conduct a valuation to roughly calculate the amount that can be loaned, the interest rate, the term, etc. For the interview, go to the bank for the interview, and you need to provide the house book and other relevant materials. If you don't have a company, you can start operating the company, such as changing shareholders or legal persons, or registering a new company, etc. Of course, the specific requirements will depend on the bank's requirements. The bank approves the loan, and after the loan is approved, the property is mortgaged, notarized, etc. The loan is disbursed and the loan processing is completed.
How to withdraw the provident fund loan account balance
After solving the problem of how to withdraw the provident fund loan account balance, if you want to apply for a loan, you need to prepare the following materials and go through the following process: 1. To apply for a housing provident fund loan, a lender must submit a written application to the bank, fill in the housing provident fund loan application form and truthfully provide the following information: (1) Housing provident fund deposit certificate of the applicant and his or her spouse; (2) Identity certificate of the applicant and his or her spouse (referring to residents) ID card, permanent residence booklet and other valid residence documents), documents proving marital status; (3) Proof of stable economic income of the family and other proofs of claims and debts that have an impact on repayment ability; (4) Valid contracts and agreements for purchasing a house, etc. Certification documents; (5) Collateral used for security, list of pledges, certificate of ownership and proof of the consent of the person with disposal rights to mortgage and pledge, and collateral valuation certificate issued by the relevant department; (6) Other requirements required by the Provident Fund Center material. 2. For loan applications with complete information, the bank will promptly accept and review them and submit them to the Provident Fund Center in a timely manner. 3. The Provident Fund Center is responsible for approving loans and notifying the bank of the approval results in a timely manner. 4. The bank will notify the applicant to handle the loan procedures based on the approval results of the Provident Fund Center. The borrower and his wife will sign a loan contract and related contracts or agreements with the bank, and submit the loan contract and other procedures to the Provident Fund Center for review. The provident fund center will transfer the money after approval. For entrusted loan funds, the entrusted bank will issue loans in full and on time as stipulated in the loan contract. 5. If the guarantee is in the form of a housing mortgage, the borrower must go to the housing property rights management department in the area where the house is located to handle the real estate mortgage registration procedures. The mortgage contract or agreement must be signed by both husband and wife. If it is pledged with securities, the borrower must hand over the securities. The management department or alliance center will take custody and keep it.