Individual sub-account is an account formed by the provident fund paid by individual employees, and unit sub-account is an account formed by the provident fund paid by the unit for employees. When repayment is made, the system will generally deduct money from the personal sub-account. If the funds in the individual sub-account are insufficient to repay the loan, the remaining funds will be deducted from the company sub-account.
However, the specific deduction sequence may also be affected by some factors, such as the policies of the local provident fund management center and the consultation between employees and units. In some areas, employees may be allowed to choose their own deduction order or make deductions according to certain rules.
In order to determine the specific deduction sequence in your area, it is recommended that you consult the local provident fund management center or relevant departments. They can provide the most accurate information and guide you to understand the specific policies and operational procedures of provident fund repayment.
In addition, when using the provident fund to repay the loan, it is very important to pay attention to the fund balance of individual sub-account and unit sub-account in time. Ensure that there are enough funds in the account to repay the loan on time to avoid overdue or extra expenses. At the same time, we must abide by the regulations and requirements of the provident fund management center, pay the provident fund on time, and ensure the normal repayment of loans and the normal operation of accounts.