Can I still get a loan after the provident fund is sealed? What should I do if the provident fund is sealed?

The interest rate of a provident fund loan is much lower, and the provident fund can be directly used to offset the repayment, which relatively eases the loan People are under repayment pressure, but provident fund loans are conditional. First, they have to pay the provident fund.

Can I still get a loan after the provident fund is sealed?

No, because the sealing of the provident fund means that the depositor’s provident fund is in a state of suspension, and it does not meet the conditions for provident fund loans. . When providing a provident fund loan, the lender's provident fund must be in a state of normal payment, and the provident fund sealing is often when the employee suspends or no longer pays the housing provident fund for some reason (dissolution or termination of the labor relationship with the unit, retirement, settling abroad, etc.) or no longer pays the housing provident fund, the personal account a state of.

What should I do if the provident fund is in a sealed state?

1. If you have re-employed, you can apply for a housing provident fund account transfer;

2. If you have not yet re-employed, The balance in the housing provident fund account can be used to repay the provident fund loan;

3. Can cancel the account and withdraw the deposit, the housing provident fund account of the employee who has not re-employed has been sealed for 6 months after leaving the job, and there is no outstanding housing provident fund loan , you can apply for account cancellation and withdrawal; you can bring your ID card, housing provident fund co-branded card or housing provident fund supporting bank card (folder) to the branch office or the management department counter to handle it.

After the provident fund is sealed, it does not mean that the money in the provident fund account cannot be withdrawn. You can choose a processing method according to your actual situation. Of course, you can also ignore it temporarily after the provident fund account is sealed. The money is still in it. , it doesn’t matter if you need to extract it later. Can I get a loan after the provident fund is sealed?

I can’t get a loan after the provident fund is sealed. Provident fund loans require that the provident fund account status is normal. If the account has been sealed, then the status is abnormal. Moreover, after the provident fund is sealed, the relationship will be directly severed. The termination of the provident fund is not in compliance with the conditions for provident fund loans. One of the loan conditions of the provident fund is that the provident fund must be continuously paid. As long as the account is sealed, the provident fund will be terminated.

Therefore, if a user wants to apply for a provident fund loan, he first needs to unblock the sealed account, and then continue to pay the provident fund. When the continuous payment period reaches 6 months or 12 months, he will try to apply. Provident Fund Loans. Users who need to apply for a provident fund loan should pay attention to maintaining continuous payment status in their provident fund account before applying for a loan.

Sealing the provident fund will not directly lead to the account being cancelled. Only after the user completes the full withdrawal and meets the requirements for cancellation, can the provident fund account be cancelled. If the follow-up service still comes to the city, the user does not need to cancel the provident fund account.

Can the housing provident fund be withdrawn in one go after it has been sealed?

After the housing provident fund has been sealed, it can be withdrawn in one go. Generally, after half a year of sealing, you can provide proof of resignation to go through the withdrawal procedures (in some places You may be required to sign an agreement that no housing provident fund will be withdrawn on the grounds of resignation within two years). In addition, one-time withdrawal is also supported under the following circumstances:

1. One-time payment for house purchase: The full amount can be withdrawn once every quarter, and up to four times a year.

2. Self-built, renovated, or overhauled self-owned housing: the total amount withdrawn shall not exceed the actual expenditure incurred.

3. Renting a house: The housing provident fund can be withdrawn in full once a year, and the total annual withdrawal shall not exceed the total annual rent.

4. Repay the principal and interest of the housing loan: Select the annual offset method to withdraw the account balance once every year to offset the principal repayment.

5. If the family has financial difficulties, receives minimum living security allowance, or becomes poor due to major illness/accident: full withdrawal of family subsidies is supported.

6. Migrant workers leave this city and terminate their labor contracts with their units; completely or partially lose their ability to work and terminate their labor relations with their units; move their household registration out of this city; settle abroad; retire or retire; die or Declared dead: Account can be closed and withdrawn.

Can I get a loan after the provident fund is sealed? How to unblock it

Sealing the provident fund is a very common phenomenon. Generally, the original unit transfers the employee’s housing provident fund balance to the centralized housing provident fund sealing account within 30 days. Under unified sealing management, many people’s provident funds will be sealed after they leave the company.

Can I get a loan after the provident fund is sealed?

No, because after the provident fund is sealed, it is caused by the cessation of payment of the provident fund. Once the provident fund is stopped, it will not meet the conditions for provident fund loans, because various regions Provident fund loan requirements: When applying for a loan, the lender's provident fund account must be in normal payment status. The main circumstances under which the housing provident fund account in my country is sealed is the merger, division, cancellation, dissolution of the unit or the termination of the labor relationship between the unit and its employees.

How to unblock the provident fund after it has been sealed?

1. For cases where the provident fund is sealed within the unit, the unit generally has to go to the handling bank to handle the individual employee procedures within 30 days from the date of termination of the wage relationship. The procedures for sealing the housing provident fund account include sealing the employee's personal housing provident fund account in the unit's housing provident fund account.

2. If the wage relationship between an employee and the unit is restored, the unit shall, within 30 days from the date of restoration of the wage relationship, bring the housing provident fund remittance change list to the handling bank to handle the opening procedures for the employee's personal housing provident fund account, and unsealing After that, the unit should continue to contribute to the housing provident fund for the employee.

3 Employees who are re-employed and have established a labor relationship with a new unit should go to the handling bank where the centralized sealing is held to handle the unsealing procedures and transfer the housing provident fund to the new unit.

The employee housing provident fund account is in a sealed state, and the housing provident fund payment has been suspended. You cannot apply for a provident fund loan. After the sealing is lifted, the payment time will be accumulated again, and the time before the payment is stopped will not be included. Can I still get a loan to buy a house if my housing provident fund has been sealed?

Housing provident fund loans are the first choice for many working-class people to buy a house, but some friends suddenly leave their jobs and change jobs or have their provident funds sealed for various reasons. So, can I still get a loan to buy a house in this situation? Let’s answer it. Housing provident fund account sealing means that when an employee's housing provident fund payment is interrupted due to various reasons, and his or her housing provident fund account cannot be transferred and the employee does not meet the conditions for cancellation and withdrawal of housing provident fund, the housing provident fund account whose payment is interrupted will be sealed. There are two main reasons why the housing provident fund account is sealed: first, the employee and the unit terminate the labor relationship and fail to implement the new unit or the new unit does not establish the housing provident fund; second, the unit merges, splits, cancels, disbands, and becomes bankrupt, and the employee fails to implement the new unit. The unit or new unit has not established a housing provident fund. We know that one of the necessary conditions for applying for a housing provident fund loan is that the housing provident fund has been paid and deposited continuously for more than 6 months (referring to 6 months forward from the date of application). The housing provident fund account is in a sealed state, indicating that the payment of housing provident fund has been interrupted and does not meet this condition. Therefore, if the provident fund is sealed, you cannot apply for a housing provident fund loan to buy a house. However, if their account returns to normal housing provident fund deposits and reaches the specified time, they can still apply for a housing provident fund loan. In addition, after the housing provident fund account is sealed, although you cannot get a loan to buy a house, you can apply for withdrawal. For more information, you can go to the local housing provident fund management center for consultation.