According to the loan contract and agreement signed between the loan bank and the borrower, the borrower shall repay the loan on a monthly basis in the month after the loan is issued. When the borrower entrusts the loan bank to withhold and remit the loan principal and interest every month through the savings card and passbook, he should also entrust the provident fund center and the loan bank to withdraw the housing provident fund of himself and his spouse every month and transfer it to the bank savings account of the borrower's housing provident fund card as the withholding fund for repaying the loan principal and interest next month. In this way, the provident fund center will directly transfer the housing provident fund paid by you and your spouse to your loan bank card every month, and directly use the balance of your own and your spouse's housing provident fund account to repay the provident fund loan in advance. When the borrower entrusts the loan bank to withhold and remit the loan principal and interest every month through the savings card and passbook, he should also entrust the provident fund center and the loan bank to withdraw the housing provident fund of himself and his spouse every month and transfer it to the bank savings account of the borrower's housing provident fund card as the withholding fund for repaying the loan principal and interest next month. In this way, the provident fund center will directly transfer the housing provident fund paid by you and your spouse to your loan bank card every month, and directly use the balance of your own and your spouse's housing provident fund account to repay the provident fund loan in advance.

Legal objectivity:

"Regulations on the Management of Housing Provident Fund" Article 24 Employees may withdraw the balance of the housing provident fund account under any of the following circumstances: (1) purchasing, building, renovating or overhauling their own houses; (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.