1, for the first suite, the interest rate is adjusted to 2.6% for less than 5 years (including 5 years) and 3. 1% for more than 5 years.

2. The interest rate policy of the second set of personal housing provident fund loans remains unchanged, that is, the interest rates for less than five years (including five years) and more than five years are not less than 3.025% and 3.575% respectively.

Fuyang provident fund loan process:

1. Borrower's application: The borrower applies for a loan from the housing provident fund management center (hereinafter referred to as the "center") where he has deposited the housing provident fund, and receives and fills in the Application for Personal Housing Provident Fund Loan for Urban Workers in Fuyang City.

2. Preliminary review and decision: After receiving the application, the management center will conduct a preliminary review within 3 working days to decide whether to grant the loan. If the loan is approved, the management center will inform the borrower.

3. Bank formalities: If the bank passes the preliminary examination, it will sign a loan contract with the borrower and handle mortgage registration and other related formalities. After going through these procedures, the bank will issue loans.

4. Transfer of loan funds: After the mortgage contract comes into effect, the bank transfers the loan funds to the seller or the designated account according to the loan contract. For the purchase of second-hand houses, renovation loans, and lump-sum housing payment, banks can use other methods to pay loan funds with the consent of the management center.

5. Repayment and cancellation of mortgage: The borrower needs to repay the loan on time in the prescribed way. After paying off the principal and interest of the loan, the borrower may cancel the mortgage and recover the relevant documents.

To sum up, the adjustment of the interest rate and the increase of the loan amount of Fuyang housing provident fund are all aimed at better meeting the housing needs of employees, reducing the cost of buying houses and promoting the healthy development of the real estate market.

Legal basis:

Regulations on the administration of housing provident fund

Article 26

Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses. The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.