How to use housing provident fund?
As an important social welfare policy, the housing provident fund aims to help employees solve their housing problems. In recent years, with the fluctuation of housing prices and policy adjustments, the use of housing provident funds has also become a hot topic. This article will combine the hot content on the entire network in the past 10 days to provide you with a detailed introduction to the use of housing provident funds, withdrawal conditions, loan procedures and other structured information.
1. Purpose of Housing Provident Fund
Housing provident fund is mainly used in the following scenarios:
| Purpose | Description |
|---|---|
| Buy a house | Pay a down payment or pay off a mortgage |
| rent a house | Withdraw provident fund to pay rent |
| decoration | Renovation expenses for your own home |
| Retirement Withdrawal | The entire balance can be withdrawn at once after retirement |
2. Provident fund withdrawal conditions
The conditions for withdrawing provident funds for different purposes are different. The following are common withdrawal conditions:
| Extraction type | Conditions |
|---|---|
| House Purchase Withdrawal | Proofs such as house purchase contract and invoice are required. |
| Rent extraction | Rental contract and proof of no housing required |
| decoration extraction | Decoration contract and real estate certificate required |
| Extraction of serious diseases | Hospital diagnosis certificate and expense list are required |
3. Provident Fund Loan Process
Provident fund loans are the first choice for many home buyers. The following is the loan process:
| steps | Operation |
|---|---|
| 1. Apply | Submit loan application and related materials |
| 2. Review | Provident Fund Center reviews loan qualifications |
| 3. Sign a contract | Sign a loan contract after passing the review |
| 4. Loans | The bank releases funds to the developer's account according to the contract |
4. Recent hot issues
In the past 10 days, hot issues regarding the housing provident fund have mainly focused on the following points:
1.Provident fund loan interest rates cut: Many places have announced reductions in provident fund loan interest rates to reduce pressure on home buyers.
2.Provident fund loan in another place: Some cities have opened provident fund loan services in other places to facilitate cross-city house purchases.
3.Withdrawal amount adjustment: Some areas have increased the amount of provident fund withdrawals for renting houses to alleviate the pressure of renting houses.
5. Things to note
1. Provident fund withdrawals and loans must comply with local policies. It is recommended to consult the local provident fund center in advance.
2. The balance of the provident fund account will affect the loan amount and must be used in a reasonable plan.
3. When withdrawing provident funds, ensure that all materials are available to avoid multiple trips.
As a welfare policy, housing provident fund can effectively alleviate housing pressure if used rationally. I hope this article can help everyone better understand the use of housing provident funds and solve practical problems.
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