Nowadays, many young people will choose to use the provident fund when they buy a house with a loan, and they will choose to repay in advance because of sufficient funds in the later stage of mortgage repayment. The early withdrawal methods of individual provident fund are divided into two specific ways: full early withdrawal and partial early withdrawal.

1. One-time repayment of principal and interest

1) Applicants can inquire about their remaining balance by calling the hotline of the provident fund management center and make an appointment for the relevant prepayment amount;

2) First, the payer applies for prepayment, fills in the Application Form for Prepayment of Housing Provident Fund Loan of Housing Provident Fund Management Center or the Application Form for Prepayment of Partial Loan of Housing Provident Fund Loan of Housing Provident Fund Management Center, signs it and provides the required information;

3) Approved by the entrusted bank;

4) Examination and approval by provident fund management center;

5) go to the bank to repay the loan principal and interest;

6) Send the prepayment form to the provident fund center for filing.

2. Repay part of the loan principal.

1) The borrower calls the provident fund management hotline, inputs the amount you intend to repay in advance according to the voice prompt and makes an appointment for repayment;

2) When the repayment person applies for prepayment, he shall fill in the Application for prepayment of housing provident fund loan of Housing Provident Fund Management Center or the Application for prepayment of part of housing provident fund loan of Housing Provident Fund Management Center, sign it and provide the required information;

3) Determine the amount and date of prepayment;

4) Approved by the entrusted bank;

5) Examination and approval by the Provident Fund Management Center;

6) go to the bank to repay part of the loan principal;

7) Send the prepayment form to the provident fund center for filing.

3. Matters needing attention in applying for early withdrawal of personal provident fund

It should be noted that the prepayment of provident fund, as long as the conditions are met and the information is complete, is still very smooth. However, the prepayment of provident fund needs to meet the two conditions that the provident fund loan has been successfully issued and the repayment time is over one year, and the applicant is not overdue in the current state before applying for prepayment.

In addition, if you apply for partial repayment in advance, the minimum repayment amount is 10000 yuan each time, and it shall not be less than the loan principal and interest amount 12 months, and it shall be repaid once a year. Borrowers who normally repay for more than one year can also withdraw the balance in the housing provident fund account for partial or full repayment, but only once.

There will be some differences in provident fund policies in different regions, and consumers need to consult the provident fund management center in detail before such operations are needed.