What conditions do you need to withdraw the provident fund?
1, purchase, build, renovate and overhaul owner-occupied housing;
2. Retired;
3, completely lose the ability to work, and terminate the labor relationship with the unit;
4. Go abroad to settle down;
5. Repay the principal and interest of the house purchase loan;
6, the rent exceeds the prescribed proportion of family wage income.
One-time payment for the purchase of a house can provide materials to withdraw the provident fund within one year after the purchase, but only once; If you buy a house by loan, you can withdraw the provident fund once a year after buying a house until you pay off the loan. The amount withdrawn from each house cannot exceed the repayment amount of the loan in that year.
The conditions for the withdrawal of provident fund are: purchase, construction, renovation and overhaul of self-occupied housing; Retired employees; Completely lose the ability to work and terminate the labor relationship with the unit; Settle abroad; Repay the principal and interest of the house purchase loan; Rent exceeds the normal proportion of family wage income; The employee is dead or declared dead. Those who meet the above conditions can withdraw the provident fund according to the relevant regulations.
Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.
How to deal with the termination of housing accumulation fund;
Close the account.
(1) Application conditions:
Housing provident fund deposit unit merger, division, reorganization, cancellation, dissolution or bankruptcy, before the application for cancellation of the unit account balance and carry-over number is zero.
(two) when the applicant cancels the housing provident fund account, he shall first submit the following materials to the provident fund center for review:
1. Fill in the complete Application Form for Change and Cancellation of the Name of the Depositor of Housing Provident Fund in triplicate;
2. Relevant documents or certificates of cancellation of the unit.
(three) the unit holds the audited three copies of the "application form for the change and cancellation of the name of the depositor of the housing provident fund" to the bank.
Two, before applying for cancellation, the unit should clean up the employee housing provident fund account according to the following requirements.
1, in line with the conditions for cancellation and withdrawal of housing provident fund, notify employees to go through the withdrawal procedures;
2. If the employee has a receiving unit, handle the transfer formalities for the employee;
3. If the employee has no receiving unit and does not meet the cancellation conditions, the employee's housing provident fund account will be transferred to the sealed household of the provident fund center, and the employee will be notified.
The unit manager confirms that the balance of the unit account is zero, and the number of carry-over times is zero (if the number of carry-over times is not zero, the unit manager needs to fill in the tripartite list of housing provident fund remittance and payment of Guangdong Branch of China Construction Bank).
Legal basis:
Regulations on the administration of housing provident fund
Twenty-fifth workers from the housing provident fund account balance, the unit shall verify, and issue a certificate of extraction.
Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.
Twenty-sixth workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
The risk of housing provident fund loans shall be borne by the housing provident fund management center.