According to the interest rate table of provident fund loans of China People's Bank in 2022, the interest rate of provident fund is:
1, individual housing Roy provident fund deposit: the annual interest rate paid in the current year and carried forward from the previous year is1.5%;
2. Personal housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years.
Is the interest of the provident fund the same as that of the bank?
The money in the housing provident fund account is the same as the deposit interest, but the interest is not very high. Generally, it will be settled once a year, and the interest will be settled on June 30th every year. After settlement, the interest will be deposited in the provident fund account, and a corresponding short message will be sent to the user to tell you how much interest the provident fund account generated in the previous year.
The money in the housing provident fund is equivalent to a demand deposit, which can be withdrawn or deposited. The housing provident fund paid by individuals and units shall bear interest from the date of deposit in the individual housing provident fund account, and the interest shall be paid according to the savings deposit rate stipulated by the People's Bank of China before Huling. If the amount of housing provident fund is not used for a long time, housing provident fund will generate corresponding interest like deposits.
The balance of provident fund allocated in the current year is calculated at the interest rate of current savings deposits, and the balance of housing provident fund carried forward in the previous year is calculated at the interest rate of lump-sum deposit and withdrawal for three months. If the user withdraws part of the provident fund, it is stipulated to withdraw the balance allocated first.
The biggest function of the money in the provident fund account is not to generate interest, but to apply for loans, because the amount of provident fund loans is calculated according to the account balance. The more the account balance, the higher the loan amount you can apply for, and the more interest you can save for the lender.
Housing provident fund loan interest rate
According to the interest rate table of provident fund loans of China People's Bank in 2022, the interest rate of provident fund is: 1, and the annual interest rate of individual housing provident fund deposits is: paid in the current year and carried forward from the previous year to:1.5%; 2. Personal housing provident fund loan: the annual interest rate is 2.75% for less than five years (including five years) and 3.25% for more than five years. Provident fund loan refers to individual provident fund loan, which is a housing mortgage loan issued by local provident fund management offices, using the provident fund paid by employees who apply for individual provident fund loans, and entrusting commercial banks to the housing provident fund depositors who purchase, build, dismantle and repair their own houses and retired employees who paid the provident fund during on-the-job filming. The above is the interest rate of housing provident fund. How can the provident fund be used to borrow money to buy a house? Users can prepare personal identity documents, provident fund co-branded cards, purchase agreements signed with real estate developers, down payment receipts, residence permits (household registration books or temporary residence permits), personal income certificates (such as bank accounts and salary slips) and other related materials, and go to the business outlets of local provident fund management offices to find staff to explicitly apply for loans.
After receiving the application form and filling it out, the user will submit the report together with relevant materials, and then they can try it out. After the trial, the management office will examine and approve Yuzhou according to the material information provided by users, and an appraisal agency will evaluate the value of the house. After the approval is passed, the user will be informed. Users who receive the approval notice sign loan contracts at business outlets within the promised time, and go through mortgage and other related procedures at the real estate management bureau, and then the bank will issue loan funds. Generally, it takes about two to three months from the user submitting the loan application to issuing the loan funds. Of course, if the bank encounters a shortage of funds and so on, it may take longer to approve and lend money.
What is the interest rate for provident fund loans?
According to the interest rate table of provident fund loans of the People's Bank of China, the latest interest rate of provident fund loans in 2022 is 2.75% for less than five years (including five years) and 3.25% for more than five years. In case the interest rate of individual housing loan of housing provident fund is adjusted by the state, and the loan term exceeds 1 year, the interest rate of individual housing loan of housing provident fund shall be implemented according to the corresponding term grade from next year 1. The benchmark interest rate is generally implemented for the first suite of housing provident fund loans in various places, and the loan interest rate is 1. 1 times of the benchmark interest rate for housing provident fund loans for the second house.
Will the interest rate of provident fund loans be lowered in 2022?
2022 The interest rate of provident fund loans has not been lowered, and the interest rate of provident fund loans is adjusted and released by the People's Bank of China. According to the interest rate table of provident fund loans of China People's Bank in 2022, the annual interest rate of individual housing provident fund loans for less than five years (including five years) is 2.75%, and the annual interest rate for more than five years is 3.25%. As in previous years, the interest rate has not been lowered.
The housing provident fund loan interest rate shall be implemented according to the interest rate standard published by the People's Bank of China. When adjusting the interest rate, the contract interest rate is applicable to contracts with a term of 65,438+0 years. If the contract term exceeds 65,438+0 years, the new interest rate standard shall be applied according to the corresponding interest rate grade. Generally speaking, the benchmark interest rate applies to the first-home provident fund loan, and the second-home loan interest rate is 1 of the benchmark interest rate of the provident fund loan.
What are the current interest rates for provident fund loans and commercial loans?
At present, the annual interest rate of provident fund loans for more than five years is 3.25%, and that for less than five years (inclusive) is 2.75%.
Please open the following website (webpage link) to understand the benchmark interest rate of commercial loans.
If your city has China Merchants Bank, you can try to apply for a loan through China Merchants Bank (some cities also have provident fund loans). The commercial loan interest rate needs to be comprehensively priced in combination with the business type, credit status, guarantee method and other factors you apply for, and can only be determined after being approved by the handling outlets.
How much is the interest on the housing provident fund loan?
How much is the interest on the housing provident fund loan? The current provident fund loan interest rate is 3.25% for five years and above, and 2.75% for five years and below. The process of handling provident fund loans is as follows: 1. The borrower shall collect and truthfully fill in the Application Form for Housing Provident Fund Loan from all branches of the Provident Fund Center, and submit relevant materials to the Provident Fund Center for review; 2, provident fund center branch through the examination of the borrower's purchase authenticity and repayment ability, put forward suggestions on the loan amount and duration, after passing the preliminary examination and signed by the person in charge of the branch, and then reported to the municipal provident fund center for approval; 3. After examination, the Municipal Provident Fund Center makes a decision on whether to grant or not to grant the loan, and sends the loan materials back to all branches; 4. If the loan is granted, the branches of the Provident Fund Center will transfer the loan materials to the entrusted bank, and the entrusted bank will notify the borrower and the mortgage guarantee parties to sign the Housing Provident Fund Loan Contract and handle the mortgage guarantee procedures; For those who do not meet the loan conditions, each branch shall notify the loan applicant and explain the reasons; 5. The entrusted bank issues loans to borrowers. Time limit for handling provident fund loans: 1. Acceptance and review. The initial trial time of the branch shall not exceed 2 working days from the date of accepting the loan application, and may be extended by 3 working days in case of large batch or other special circumstances; 2. Review and approval. After receiving the loan materials submitted by each branch, the Municipal Provident Fund Center shall examine and approve them within 3 working days.
The introduction of the interest rate table of bank provident fund loans ends here.