Yes.

When repaying a provident fund loan, you first use provident fund money. Provident fund repayment is a business where the borrower goes to the lending bank to offset the provident fund loan. The borrower's monthly repayment sequence is that the bank system deducts the provident fund account first.

Provident fund loans refer to loans enjoyed by employees who have paid housing provident funds. Employees who have paid housing provident funds apply for personal housing provident fund loans in accordance with the relevant provisions of provident fund loans.