1. Can a single railway employee apply for a provident fund loan to buy a house?

Can provident fund loans

2. New regulations on railway provident fund loans 2022

< p>New Regulations on Railway Provident Fund Loans 2022: The new regulations on railway provident fund loans are for those who apply for a provident fund loan for the first time. The maximum loan amount is 600,000 yuan, and the loan amount shall not exceed 70% of the total price of the purchased house (the purchase area is less than 90 square meters) can be relaxed to 80%); if an employee applies for a provident fund loan for the second time, the maximum loan amount is 500,000 yuan, and the maximum loan amount shall not exceed 40% of the total price of the house. Calculation of loan amount: Loan amount = (monthly employee provident fund payment/sum of employer and individual contribution ratios and spouse’s monthly provident fund payment/sum of employer and individual contribution ratios) × loan coefficient × 12 months × loan term. The information required for a railway provident fund loan is as follows: 1. The original and copy of the borrower’s ID card; 2. The original and copy of the spouse’s ID card; 3. Provide relevant certificates from the Railway Bureau; 4. A copy of the borrower’s original household registration; 5 .Original and copy of the house purchase contract 6. Provident fund application form. The process of railway provident fund loans: 1. The loan user first consults the corresponding provident fund management department and submits the required information; 2. The provident fund management department conducts a preliminary review; 3. Reviews the guarantee qualifications of the guarantee center; 4. Both parties meet in person Sign the contract; 5. Transfer all the information to the handling bank; 6. If the loan conditions are met, grant the loan. The provident fund loan limit refers to the maximum loan amount that an individual can apply for when using a provident fund loan. Only employees who have a local urban permanent residence, have established a housing provident fund system for more than 2 years, and have paid housing provident funds in accordance with regulations, can enjoy provident fund loans if they have insufficient funds to purchase and build a house or renovate or overhaul their own housing. Legal basis: Article 26 of the "Housing Provident Fund Management Regulations" stipulates that employees who have paid housing provident funds may apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes. The Housing Provident Fund Management Center shall make a decision on whether to grant a loan or not within 15 days from the date of accepting the application, and notify the applicant; if the loan is granted, the entrusted bank shall handle the loan procedures. The risks of housing provident fund loans are borne by the housing provident fund management center. Article 27 Applicants applying for housing provident fund loans shall provide guarantees. Article 28 The Housing Provident Fund Management Center may, with the approval of the Housing Provident Fund Management Committee, use the Housing Provident Fund to purchase treasury bonds on the premise of ensuring the withdrawal and loans of the Housing Provident Fund. The Housing Provident Fund Management Center shall not provide guarantee to others. Article 29 The value-added income of the housing provident fund shall be deposited into the special account of the housing provident fund value-added income opened by the housing provident fund management center at the entrusted bank to be used to establish the housing provident fund loan risk reserve, the management expenses and construction of the housing provident fund management center Supplementary funding for urban low-rent housing.

3. What are the relevant regulations on the railway provident fund loan limit?

What are the relevant regulations on the railway provident fund loan limit?

1. If you apply for a provident fund loan for the first time, the maximum loan amount is 600,000 yuan, and the loan amount shall not exceed 70% of the total price of the house purchased (the amount can be relaxed to 80% for houses with an area of ??less than 90 square meters) );

2. If an employee applies for a provident fund loan for the second time, the maximum loan amount is 500,000 yuan, and the maximum loan amount shall not exceed 40% of the total price of the house.

3. Loan amount calculation: loan amount = (employee provident fund monthly payment/sum of the unit and individual payment ratios and spouse’s monthly provident fund payment/sum of the unit and individual payment ratios) × loan coefficient ×12 months × loan term. In addition to the above three items, you should also pay attention to the calculation of loan repayment ability. Loan repayment ability has an important impact on the loan amount. The employee's ability to repay loans is calculated based on the standard that the cumulative monthly payment of the total household debt does not exceed 50% of the employee's monthly family income. To prove the ability to repay the loan, you need to provide the income flow of the past six months as a reference. This is an important certificate to prove that the family has the ability to repay the loan.

IV. New regulations on railway provident fund loans

Provident fund

1. Regarding the deposit of provident fund.

The state issued a policy in April 1999. For units and enterprises, if you find that your boss does not pay you provident fund in the unit or company where you work, you have the right to safeguard your legitimate rights and interests.

You can report and complain to the Provident Fund Center. When making a complaint, you need to bring valid certificates, salary details, and

There is a processing period after the complaint is made, and it is generally accepted by the Provident Fund Center. After that, a demand letter will be issued to the unit for two months. If the unit has not decided to file a lawsuit within two months, the litigation period is usually 6 months.

2. Regarding the withdrawal of provident fund.

In the past few years, the withdrawal of provident fund was very strict, but in recent years, policies have required it. You can apply for withdrawal at the window or online by bringing relevant materials.

There are many ways to withdraw provident fund. way. The policies of each prefecture and city are different, but they are basically the same

When withdrawing, it generally depends on whether there is a public company in your name. It is necessary to withdraw the provident fund.

Commercial loans and portfolio loans follow the corresponding policies. If you meet the conditions, you can withdraw it. If you do not meet the conditions, you cannot withdraw it. No one can modify this matter.

The more common ones are withdrawals for house purchases and loan repayments. The main reason for withdrawing when buying a house is that if you don’t have a provident fund loan in your name, you can withdraw from your parents and children. If the parents-in-law withdraw the money from the son-in-law, they can withdraw it in this way.

Loan repayment withdrawals can generally be made once a year.

3. Provident fund loan.

The interest rate of provident fund loans is relatively low, so many people want to apply for provident fund loans. However, some developers think that provident fund loans are more troublesome and they do not want home buyers to use them

When faced with this kind of problem, home buyers can also complain to the center about the developer.

Generally speaking, the requirements for loans are basically continuous provident fund payments in the past 6 months. For the first and second houses in your name, you can apply for a provident entrusted bank to handle it. The bank will inform you what materials are required.