I. Withdraw all the purchase price.
When buying a house, if the purchaser chooses to pay in full, he can submit an application to the housing provident fund management center and withdraw the provident fund to pay the house price. This needs to be applied within a certain period of time after the signing of the purchase contract and the completion of the transaction.
Second, the loan purchase extraction
For buyers who choose commercial loans or provident fund loans to purchase houses, they can apply for withdrawing the provident fund to repay the loan principal and interest after the loans are issued and repaid normally. This helps to reduce the economic pressure of buyers and improve the quality of life.
Third, rent extraction.
When the rent paid by the renter exceeds the specified proportion of family wage income, he can apply to the housing provident fund management center for withdrawing the provident fund to pay the rent. This provision helps to protect the basic needs of renters.
Fourthly, extraction under special circumstances.
For retired depositors, or depositors who have completely lost their ability to work and terminated their labor relations with their units, and depositors who have settled abroad, they can apply to the housing provident fund management center for a one-time withdrawal of all the balance in the housing provident fund account.
To sum up:
In the case of full purchase, loan purchase, payment of rent, retirement, complete loss of working ability, settlement abroad, etc., you can apply for withdrawal of housing provident fund. When applying for withdrawal, you need to submit relevant certification materials to the housing provident fund management center and operate according to the prescribed procedures.
Legal basis:
Regulations on the administration of housing provident fund
Article 24 provides that:
In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(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.
Regulations on the administration of housing provident fund
Article 25 provides that:
If the employee withdraws the balance stored in the housing provident fund account, it shall be verified by the unit where he works and a certificate of withdrawal shall be issued. Workers apply to the housing provident fund management center for withdrawal of housing provident fund with the withdrawal certificate. The housing provident fund management center shall, within 3 days from the date of accepting the application, make a decision on whether to approve or disapprove the withdrawal, and notify the applicant; If the withdrawal is approved, the entrusted bank shall go through the payment procedures.