At present, the interest rate of provident fund loans is the benchmark interest rate published by the People's Bank of China in 2065438+2005 and 65438+2005, which is adopted by all domestic banks. At present, the benchmark interest rate (annual interest rate) of provident fund loans is 2.75% for less than five years (including five years) and 3.25% for more than five years. It usually takes more than one year to use it.
Inner Mongolia and Guizhou have successively issued notices, requiring that the interest rate of the second-home provident fund loan be 1. 1 times of the interest rate of the first housing provident fund personal housing loan in the same period. Among them, the interest rate of the second home loan of Hohhot housing provident fund was adjusted in June 1, and the interest rate of the second home loan provident fund was 10% higher than the interest rate of the first personal housing loan of the housing provident fund in the same period. In addition, the Guizhou Housing Provident Fund Management Center also requires that the minimum down payment ratio for second-home provident fund loans should be no less than 40%.
Characteristics of provident fund
Universality: urban workers, regardless of the nature of their work units, family income and whether they have housing, must pay the housing provident fund in accordance with the provisions of the Regulations;
Compulsory (policy): If the unit fails to register the deposit of housing provident fund or set up a housing provident fund account for employees, the housing provident fund management center has the right to order it to do so within a time limit. If no correction is made within the time limit, it may be punished according to the relevant provisions of the Regulations, and may apply to the people's court for compulsory execution;
Welfare: in addition to the housing provident fund paid by employees, the unit has to pay a certain amount for employees, and the interest rate of housing provident fund loans is lower than that of commercial loans;
Repayment: When the employee retires, resigns, or completely loses the ability to work and terminates the labor relationship with the unit, or the registered permanent residence moves out and settles abroad, the paid housing accumulation fund will be returned to the individual employee.
Refer to the above content: Baidu Encyclopedia-Housing Provident Fund