What are the conditions for the withdrawal of provident fund
I believe that every home buyer has more or less provident fund deposits, and these provident fund deposits sometimes become the "backup hidden energy" for emergency use. However, some home buyers do not know how to withdraw the provident fund. The following editor will help you to understand the relevant contents.
Withdrawal conditions of provident fund
Under any of the following circumstances, the employee may apply for drawing the balance of the housing provident fund from the employee's housing provident fund account:
(1) Purchase, construction, transformation or maintenance of self occupied houses;
(2) Repay the principal and interest of the house purchase loan;
(3) Rental housing;
(4) Retire or retire (or reach the legal retirement age);
(5) The total loss of labor capacity or termination of labor relations with the unit to which they belong;
(6) Settled abroad;
(7) The labor relationship between the employee who is not registered in this city and the unit is terminated;
(8) The registered permanent residence moves out, and the labor relationship and the unit to which they belong are terminated;
(9) The laid-off workers, male over 45 years old (including 45 years old), female over 40 years old (including 40 years old), have been unemployed for more than 12 months;
(10) If an employee dies or is declared dead, the heirs and bequests may withdraw the balance of the employee's housing accumulation fund account.
How to withdraw the provident fund?
1. Units to the bank service outlets to collect and purchase "housing provident fund withdrawal application", cash (transfer) cheques;
2. When applying for housing provident fund, employees should submit relevant materials to the person in charge of the unit in accordance with relevant regulations. After verification, the unit should fill in the application for withdrawal of housing provident fund and cash (transfer) check, and stamp them to withdraw housing provident fund. If the individual housing provident fund account is centralized in the management center, please submit the relevant documents directly to the management department of the management center hall or regional sub center for application;
3. Employees are required to submit "application for drawing housing provident fund" and relevant supporting materials to bank service outlets (management departments of different centers) according to regulations to apply for drawing housing provident fund;
4. After checking the relevant information of the employees, the staff shall handle the audit of withdrawing the provident fund for the employees, print the acceptance receipt and give it to the employees for confirmation;
5. The extracted housing provident fund was successfully transferred into the joint card savings account of the employee housing provident fund.
The above is the knowledge about the conditions and process of withdrawing provident fund introduced by the small editor of China law website. I hope it can help you. If you still have any questions, you can contact the lawyer of China law website to answer them for you.