The balance of the provident fund account affects the loan amount, and the loan amount of the provident fund is positively related to the account balance. The more balance in the account, the higher the amount that users can apply for. Of course, there is an upper limit on the amount of personal provident fund loans. When the provident fund loan amount reaches the upper limit, the increase of the balance in the account will no longer affect the provident fund loan amount. When users need provident fund loans, it is not recommended to withdraw the balance of provident fund before loans.

Provident fund withdrawal process:

1. The payer must apply to the provident fund center first.

2. The Provident Fund Center will inform the drawer of the materials to be filled in and the procedures to be handled when withdrawing the provident fund.

3. The extractor also needs to submit a written application to the employer, verify the information and issue relevant certificates to the employer, and verify the amount that can be withdrawn according to the regulations to the provident fund center. It also needs to fill in relevant matters and required information and affix the reserved seal.

4. The extractor shall provide correct materials, unit certificates and relevant vouchers to the provident fund center, and the staff of the center shall review them.

5. You can basically get the provident fund as long as you make a decision to approve the withdrawal after being audited by the competent leader of the provident fund center and sign the unit certificate submitted by the extractor.

6. For the provident fund that is allowed to be withdrawn, the provident fund center will issue a withdrawal check, and the payer only needs to take the check to the entrusted bank for withdrawal procedures.

legal ground

Regulations on the administration of housing provident fund

Twenty-fourth employees in any of the following circumstances, you can withdraw the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.

Twenty-fifth workers from the housing provident fund account balance, the unit shall verify, and issue a certificate of extraction.

Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.