The withdrawal of housing provident fund must meet certain conditions, and the storage balance in the employee housing provident fund account can be withdrawn under any of the following circumstances:
(1) Purchase, build, renovate or overhaul the owner-occupied housing with ownership;
(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;
(6) the rent exceeds the prescribed proportion of family wage income.
Extended data
Extraction process
(a) approved by the provident fund center.
Except for the two withdrawal methods of employee resignation and employee retirement, other withdrawal methods need to be audited by the provident fund management center before they can go through the withdrawal procedures in the bank. The procedure is as follows:
1. Submit relevant documents, which will be audited and sealed by the municipal housing provident fund management center or office.
2. Hold the "Housing Provident Fund Withdrawal Form", the special passbook or joint card for housing provident fund and the valid identity documents audited and sealed by the municipal provident fund management center or office, and wait until the relevant bank housing provident fund business handling outlets handle the withdrawal.
(two) the extraction of the entrusted bank audit.
The cancellation of labor relations between non-registered employees and their units and the retirement of retired employees have been entrusted to the Construction Bank for review. Resignation certificate (non-local registered employees leave), retirement certificate, ID card, etc. Issued by the applicant, you can directly withdraw the housing provident fund from the relevant bank outlets in this city.
(3) Entrusted loan repayment of provident fund (i.e. automatic monthly deduction)
Borrowers and their spouses who have handled housing provident fund loans from China Construction Bank, China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Merchants Bank and China CITIC Bank may apply for entrusted withdrawal of housing provident fund. This business must be approved by the provident fund center or office with relevant information, and cannot be entrusted to others. The loan bank is an applicant from a bank other than China Construction Bank. You must first apply for a joint provident fund card at the relevant bank outlet where the company opens an account and associate it with the provident fund account (activate it) before you can handle this business.
References:
Baidu Encyclopedia _ Provident Fund
References:
Introduction of Tianjin Housing Provident Fund Management Center _ Center Function