Transfer transaction is required after approval, and the loan will be released about 7 to 10 days after the transfer transaction is completed. If the real estate with bank loans is bought and sold by means of fund supervision, the approval and signature of provident fund loans shall be valid for one month.

Provident fund, usually refers to housing provident fund, and sometimes also refers to company provident fund. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.