When can the provident fund be withdrawn?

The provident fund can be withdrawn at any time.

Withdrawals from provident funds subject to management review and approval are generally transferred to personal settlement accounts within 3 working days. Individuals can check whether the withdrawn housing provident fund funds have arrived at the bank counter or ATM on the fourth working day. When purchasing a house and using a mortgage loan, the housing provident fund can be withdrawn once a month, and the total cumulative withdrawal should not exceed the actual housing expenditure.

Processing steps for provident fund

1. The borrower can submit a written loan application and submit relevant information to the lending bank. The loan bank will accept the application and then submit it to the housing provident fund management department for approval, or it can Apply directly to the housing provident fund management department and wait for approval.

2. The borrower who has been approved by the housing provident fund management department shall sign a loan contract and a guarantee contract with the lending bank, and handle related procedures such as mortgage registration, insurance, and notarization.

3. According to the loan contract, the loan bank will transfer the loan once or in installments to the developer's special account for house sales established in the loan bank, or directly transfer it to the borrower's deposit opened in the loan bank. account.

4. The borrower opens a repayment account at the lending bank and repays the loan principal and interest as scheduled according to the repayment method and repayment plan stipulated in the loan contract.

5. After the loan is settled, the borrower will receive the "Loan Settlement Certificate" from the lending bank, get back the mortgage registration certificate and the original insurance policy, and go to the original mortgage registration department to handle the mortgage registration cancellation procedures.

How long after a provident fund loan can the provident fund be withdrawn?

Legal analysis: Provident fund loans can be withdrawn after 12 months. The housing provident fund refers to the equal contributions made by state agencies 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 groups and their employees. Long-term housing savings. The operation method for withdrawing provident fund is as follows:

1. Prepare materials: I bring the original and copy of my ID card, and provide corresponding certification materials according to the regulations of different regions.

2. Company seal: Employees must collect and fill out the application form at their unit, and the unit must sign and stamp it.

3. Bring the materials to the bank where the account is opened to handle the procedures: Employees bring the corresponding materials to the bank where the salary card is opened to handle the relevant procedures.

4. The management center reviews the materials: The Housing Provident Fund Management Center reviews the authenticity, legality and extraction conditions of the materials.

5. Provident fund withdrawal: Confirm that it is correct and go through the withdrawal procedures. The money will be transferred to a personal savings account, and employees can withdraw it themselves.

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 prescribed 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.

When can the provident fund be withdrawn?

The specific circumstances under which the provident fund can be withdrawn are as follows:

1. Employees who have one of the following circumstances can apply to withdraw their personal and Spouse’s housing provident fund:

1. Purchase, build, renovate or overhaul the self-occupied house;

2. Repay the principal and interest of the self-occupied housing loan;

3. Employees without housing in this city rent a house to live in;

4. Those who invest in adding elevators to existing residences with ownership within the administrative area of ????this city;

5. I or Spouses, parents, and children suffering from major diseases;

6. Encountering sudden major natural disasters, causing difficulties in family life;

7. Being included in the minimum living security for urban residents in this city range.

2. Employees who have any of the following circumstances may apply to withdraw their housing provident funds:

1. Retirement or retirement;

2. Complete loss of work ability, and terminated the labor relationship with the employer;

3. Leaving the country to settle down;

4. Having terminated the labor relationship with the employer and not re-employing two years ago;

< p>5. Employees who are not registered in this city have terminated or terminated their labor relationship with the unit, failed to continue to make deposits in other places, and their accounts have been sealed or held in custody for half a year.

3. If an employee dies or is declared dead, the employee’s legal heir or legatee shall apply to withdraw the balance stored in the employee’s personal housing provident fund account;

4. The national, provincial, or Other circumstances specified by the city.

Legal Basis

Article 25 of the "Housing Provident Fund Management Regulations" 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. Article 26 Employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes.

The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures.

The risks of housing provident fund loans are borne by the housing provident fund management center.

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When can the housing provident fund be withdrawn?

Generally, the housing provident fund can be withdrawn after 3 months of payment Withdrawal, according to regulations, employees can apply for housing provident fund withdrawal as long as they have paid and deposited the housing provident fund in full for three consecutive months in this city and do not have property rights housing within the administrative area of ??this city. Conditions for withdrawing the provident fund: 1. When purchasing a self-occupied house, if you have financial needs, you can apply for withdrawing the provident fund with the help of relevant documents such as the purchase contract; 2. When building a self-occupied house, you can provide approval issued by the relevant departments of construction and land, etc. Documents and other supporting materials, apply for provident fund withdrawal; 3. When building or renovating a house, you can apply for provident fund withdrawal by providing approval documents or other supporting documents issued by the planning administration department; 4. When renting a house, the housing cost exceeds the family salary income You can apply to withdraw the housing provident fund according to the specified proportion; 5. If you have a housing loan that is being repaid, you can also apply to withdraw the housing provident fund to repay the principal and interest of the loan; 6. If you lose the ability to work and have terminated the labor contract with the unit, you can rely on the appraisal certificate of loss of working ability. Terminate the labor contract and other documents to apply for provident fund withdrawal; 7. If the labor relationship with the unit is terminated, if you have not been employed for more than 5 years after the termination of the labor relationship, you can withdraw the provident fund based on employment certificate and other documents.

Legal basis: Article 25 of the "Housing Provident Fund Management Regulations" When withdrawing the balance in the housing provident fund account, the unit where you work 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.

When can provident funds be withdrawn?

Everyone is familiar with provident funds. Provident funds have many uses, so there are many people paying provident funds now. So when can the provident fund be withdrawn? Let’s find out together below! rnWhen can the provident fund be withdrawn? rnThe provident fund can be withdrawn at any time: retirement, retirement, complete loss of working ability, going abroad, death of the employee, etc. The provident fund can be withdrawn at any time. Withdrawal after two years: Provident funds can be withdrawn after two years if the employee is sentenced to a prison sentence, dismissed, and has terminated the labor relationship with the employer. Withdrawal within one year: Purchase, construction, renovation, and overhaul of self-occupied housing must be processed within one year. Overdue applications will not be accepted. rnHow to get a housing provident fund loan to buy a house rn1. First of all, the home buyer needs to go to the housing provident fund management center with a commercial housing sales contract or loan information to get a loan application form, and according to the prompts, the applicant fills out the housing provident fund loan application form as required. rn2. Then, the applicant should bring his or her ID card and prepare a household registration book. Sometimes you need to go to the Civil Affairs Bureau to get a marriage certificate or single certificate. Bring the commercial housing sales contract and completed housing provident fund loan application form to the housing provident fund management center to review the loan limit and calculate various fees payable. rn3. Applicants need to prepare submission materials: housing provident fund loan application form, original commercial housing sales contract, and 4 copies of the original commercial housing sales contract. Real estate purchase and sale approval letter, the sixth page of the maintenance fund receipt, 3 copies of the house payment receipt, 4 copies of the home buyer’s ID card, 1 copy of the couple’s household registration book, two copies of the marriage certificate or single certificate, and pay the relevant procedures fees, and then sign a housing provident fund loan contract. rn4. The applicant goes to the bank window of the Housing Provident Fund Management Center to transfer funds on the designated date and receives a bank receipt. rnThe editor summarizes: The above is the relevant content about when the provident fund can be withdrawn. I hope it will be helpful to everyone! The provident fund is very useful. It can be used for buying a house, renting a house, pension, etc., so you can pay the provident fund if you have the conditions.

That’s it for the introduction of when to withdraw provident fund loans.