2. In principle, the sum of the borrower's age and the loan application period shall not exceed 5 years after his statutory retirement age, that is, male employees can borrow until 65 years old and female employees can borrow until 60 years old.

1. What is the process of housing provident fund?

1. First, you need to open an account with the local provident fund management department.

Information required for unit account opening:

(1) Official seal, financial seal and legal person seal of the company.

(2) the approval document of the establishment of the unit.

(3) The original and photocopy of the business license and the organization code certificate of the business license.

(4) The original and photocopy of the tax registration certificate.

(5) Agent (special agent) ID card and legal person ID card.

(6) payroll.

(7) employee deposit list and employee roster.

The above materials should be copied in duplicate on A4 paper.

2. Personal account opening: search for personal account opening according to employee roster (inventory).

3. Deposit and distribution of provident fund: summarize the total amount of provident fund that the company needs to pay to employees and pay it at the bank notified by the provident fund center.

4. Handle the transfer formalities of provident fund for new employees.

Second, the provident fund personal housing loan process:

1. The borrower fills in the loan application form at the housing fund management (sub-) center and provides relevant information.

2. The housing fund management (sub-) center conducts a preliminary examination of the borrower, including verifying the loan application form, verifying the loan amount and term, and determining the loan guarantee method.

3. After passing the preliminary examination, the entrusted bank will adjust the borrower, including: whether the purchase behavior is legal; Whether the collateral meets the requirements; Income, whether it has the ability to repay the principal and interest of the loan; There is a guarantor, whether the guarantor has the qualification of guarantee, etc.

4. After investigation by the entrusted bank, the entrusted bank will issue an investigation opinion and submit it to the Housing Provident Fund Management (Public) Center for examination and approval.

5, after approval, the housing fund management (public) center issued a notice of entrusted loans.

6. After receiving the notice, the entrusted bank shall sign a loan contract with the borrower, go through the formalities of mortgage, pledge or guarantee, sign a power of attorney for entrusted transfer payment, and open a special account for personal loan.

7. After the loan contract comes into effect, the housing fund management (sub-) center will transfer the funds to the entrusted loan fund, and then the entrusted bank will transfer the funds to the developer's account.

8. The borrower shall repay the loan on time in the prescribed way.

9. The borrower pays off the loan principal and interest, cancels the mortgage but guarantees, and takes back the relevant documents.

Legal basis:

Regulations on the administration of housing provident fund

Eighteenth employees and units housing provident fund deposit ratio shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.

Article 19 The housing accumulation fund paid by individual employees shall be withheld and remitted from their wages by their units.

The unit shall remit the housing provident fund paid by the unit and remitted for the employees to the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank shall include it in the employee housing provident fund account.