If you choose to transfer to the provident fund loan, you need to recalculate the loan interest rate and repayment method, which may increase your repayment interest and repayment period. Therefore, if your current repayment plan is affordable and there is no special reason to transfer to provident fund loans, there is no need to transfer.

Provident funds include housing provident fund and company provident fund. Many times, the provident fund refers to the housing provident fund.