Provident fund is one of the five insurances and one fund purchased by the unit for employees, which aims to be put forward for use when employees purchase houses. So, what are the conditions for the extraction of housing provident fund in 2019? Let's briefly introduce the relevant information about the extraction of housing provident fund, hoping to help the partners.
What are the conditions for drawing housing accumulation fund? How to draw housing accumulation fund
Housing provident fund refers to the long-term housing fund deposited by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. In some places, those who meet the conditions can withdraw 13000 yuan per person per year, and the amount of withdrawal may vary from place to place.
According to the regulations, the balance in the housing provident fund account can be withdrawn under the following circumstances: purchase, construction, renovation, overhaul of self occupied housing; retirement; total loss of labor capacity, and termination of labor relations with the unit; settlement abroad; repayment of the principal and interest of house purchase loan; rent exceeding the prescribed proportion of family wage income.
What are the conditions for drawing housing accumulation fund? How to draw housing accumulation fund
It is understood that in the three working days after handling the withdrawal procedures, it will be called into the personal provident fund account, and it will arrive the next day. Small partners can go to the bank counter or ATM on the fourth working day to check whether the extracted housing provident fund funds have arrived or not. If not, they can call 12329 for consultation to understand the relevant situation.
It is worth mentioning that if one-time payment is adopted to purchase self occupied housing, the housing provident fund can be withdrawn once a year; if loan or installment payment is adopted, the housing provident fund can be withdrawn once a quarter; if the rent exceeds the prescribed proportion of family wage income, it can be withdrawn in March and April every year. If you have any questions, you can also call to find out.