The first is monthly payment, that is, deduct your monthly repayment amount from your provident fund account until the balance is deducted, and then you need to charge your card (you should be required to apply for a bank card when handling provident fund loans).

The second is annual repayment, which means that the balance of your provident fund is repaid once every April and September, and the repayment method is the same as monthly repayment.

Your card is deducted 1400 every month, which may be because your provident fund account has no money, or you are handling the annual fee.

Extended data deduction order:

The balance of the provident fund account is mainly divided into two parts, one is a current account, and the other is naturally a fixed account. Every month, the provident fund paid by individuals and companies will enter the current account. Usually, at the end of June each year, the current account will calculate the interest according to deposit interest rate, and then transfer it to the fixed account.

During the repayment period of the provident fund loan, the monthly payment will be deducted from your fixed account first. If the balance of the fixed account no longer supports deduction, it will be deducted from your current account. Of course, if your current and fixed balance of provident fund is insufficient, it will be deducted from the bank card bound to your personal provident fund account.

According to different local policies, some places may not necessarily support direct deduction of the original account balance of provident fund, but you need to deposit it every month. In this case, after handling the provident fund loan, the previous balance in your provident fund account can be withdrawn in a unified way, and then we can use the provident fund we deposit every month to repay the monthly payment.

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