First, how to use the Shanghai housing provident fund
1, house purchase
1 You can withdraw the provident fund at one time without a loan;
2 commercial loans can be used to withdraw provident fund for down payment;
3. You can use commercial loans to buy a house and withdraw the provident fund to repay the principal and interest;
4 provident fund (portfolio) loans can be used to withdraw the provident fund to repay the principal and interest.
2, housing construction, renovation and overhaul
In rural collective land construction, renovation, overhaul of their own housing and the use of housing loans, employees and their spouses can apply for withdrawal of the amount of provident fund before the month of building approval (including the month), and the total withdrawal does not exceed the cost of building.
Step 3 rent a house
1 Use the provident fund to pay the rent of economic rental housing with rent allocation or government rent subsidy;
2 use the provident fund to pay the market rent.
4. Parents buy houses for their children.
Use a personal housing loan from a commercial bank to purchase your own house, and you can withdraw your parents' provident fund after paying the down payment; Buy your own house with a personal housing provident fund (portfolio) loan, and you can withdraw your parents' provident fund after paying the down payment.
This practice needs to meet the relevant conditions, and you can consult the local provident fund management department.
5. Take out all the balance from the account cancellation.
1 Divorce or retirement;
2. Workers with agricultural household registration, men over 60 years old and women over 55 years old;
3. Settle in foreign countries, Hong Kong, Macao and Taiwan;
4. Completely losing the ability to work, mostly losing the ability to work or severely disabled, and dissolving or terminating the labor relationship with the unit;
Receiving unemployment insurance benefits;
6. Being sentenced to punishment, the laborer whose registered permanent residence moved to the city or non-city dissolved or terminated the labor relationship with his unit;
7. The housing provident fund account has been transferred to the centralized storage account for 2 years or the labor relationship with the original unit has been terminated for 2 years;
If you work outside the administrative area of your city and establish and deposit housing provident fund locally, you can cancel your account and withdraw all the balance of the provident fund.
6, into the low or poor range extraction and use.
Workers are included in the minimum living guarantee or poverty relief scope for urban residents, and the employees themselves and their spouses can apply for withdrawal of housing provident fund, and the withdrawal amount shall not exceed the amount of housing provident fund before being included in the minimum living guarantee or poverty relief scope.
7, the treatment of major diseases
Family members (including employees themselves, spouses and minor children) suffering from major illness or major surgery hospitalization, employees themselves and their spouses can apply for withdrawal of housing provident fund. Nine major diseases can be extracted once every six months, and the amount of each extraction does not exceed the actual personal expenditure within two years (excluding the medical insurance reimbursement part), and the cumulative extraction within two years does not exceed the actual personal expenditure.
Second, what is the provident fund?
Provident fund, usually refers to housing provident fund, and sometimes also refers to company provident fund. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.
From July 20 17 1 day, the transfer and connection of housing provident fund in different places are all handled through the "National Platform for Transfer and Connection of Housing Provident Fund in Different Places". Gradually realize "accounts go with people, money goes with accounts".
At the same time, we will vigorously promote off-site loan services to meet the funding needs of paid employees for cross-regional housing purchases. 20 16, 18 On February 8th, according to the Notice of the Central Bank, the Ministry of Housing and Urban-Rural Development and the Ministry of Finance on Perfecting the Formation Mechanism of Deposit Interest Rate in Employees' Housing Provident Fund Account, the deposit interest rate in employees' housing provident fund account was adjusted from the current benchmark interest rate for current and three-month deposits divided by collection time to the unified benchmark interest rate for one-year time deposits on February 2nd.
Among them, it should be noted that there is a big difference between provident fund loans and commercial loans, that is, the loan amount can not be calculated simply according to the real estate appraisal value, but according to the borrower's income, deposit amount and deposit ratio, and cannot exceed the maximum limit of provident fund loans.