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Is the renovation of provident fund loan directly credited to personal account?
The provident fund loan will not be paid to the user's repayment account, but directly to the developer's bank account, and the provident fund management center will entrust the relevant bank to transfer the money to the developer.

Different regions may have different requirements on whether the provident fund loan will go to the repayment account, which shall be subject to the local actual requirements. You can also consult the local provident fund management center directly.

Provident fund loans refer to individual housing provident fund loans, and all employees who pay provident fund can apply for provident fund loans in accordance with the relevant requirements of provident fund loans.

What should I pay attention to after the provident fund loan is released?

First of all, after the provident fund loan is issued, the first repayment is generally the 20th of the following month (postponed in case of holidays). For example, the first repayment date is June 65438+1 October 20, regardless of whether you issue the loan on September1day or September 30. After the first repayment, the deduction will be made on the 20th of each month (postponed in case of holidays).

Legal basis:

Article 99 of People's Republic of China (PRC) Insurance Law

An insurance company shall withdraw its provident fund according to law.

Article 102 The insurance premium retained by an insurance company engaged in property insurance business in the current year shall not exceed four times the sum of its actual capital plus its common reserve fund.

Article 103 The liability of an insurance company to each dangerous unit, that is, the maximum loss range that may be caused by an insurance accident, shall not exceed10% of the sum of actual capital plus provident fund; The excess should be reinsurance. The division of dangerous units by insurance companies shall conform to the provisions of the State Council Insurance Regulatory Authority.