Under what circumstances can it be withdrawn? How to do it? , Shanghai provident fund new policy implementation
Recently, Mr. Wang, a citizen of Shencheng City, was preparing to purchase a house and wanted to withdraw part of his provident fund for use when purchasing the house. He happened to hear that Shanghai had introduced a housing provident fund policy to support urban renewal, which was related to provident fund loans and withdrawals. Moreover, the new policy had been officially implemented on October 7, so he left a message on the Jiefang Daily·Shangguan News message board for consultation: " What are the changes in the new policy? Under what circumstances can provident fund be withdrawn? "
In fact, in addition to Mr. Wang, many citizens have also called us with similar questions recently. To this end, the reporter consulted with relevant departments in Shanghai and inquired about several issues that citizens are most concerned about. The answers are compiled as follows.
Answer: 1. The maximum housing provident fund loan period for borrowers purchasing existing housing between 6 and 35 years old will be adjusted. Among them, if the purchased housing stock is between 6 and 20 years old, the maximum housing provident fund loan period will be adjusted from the original calculation rule of no more than "35 minus the housing age" to no more than 30 years; Between 20 and 35 years, the maximum housing provident fund loan period is adjusted from the original no more than 15 years to no more than "50 years minus the housing age." 2. Implement housing provident fund support policies for old housing renovation projects included in the scope of urban renewal in this city, which mainly include three aspects: support the withdrawal of housing provident funds after purchase and renovation; support the withdrawal of rental housing provident funds during the project construction period; expand the withdrawal application The scope of applicants for extraction is the owner himself and his spouse, parents, and children. If the applicant is a borrower, spouse or co-borrower of a housing provident fund loan in this city, he or she must meet the conditions that the current loan is not overdue.
Q: Under what circumstances can I apply to withdraw provident fund?
Answer: According to the "Shanghai Housing Provident Fund Withdrawal Management Measures", you can apply for withdrawal of housing provident fund under the following circumstances. 1. Housing consumption: those who purchase and own self-occupied housing; those who build, renovate, and overhaul owned housing in this city; those who repay the principal and interest of loans for self-occupied housing in this city; those who do not own a house in this city and rent a house in this city in accordance with the law For self-occupation; for the installation of elevators in existing multi-story residences in this city to pay for construction funds; for low-income employee families with financial difficulties to pay property service fees for self-occupied housing in this city; for families with financial difficulties to pay rent and property service fees , after-sales public housing property maintenance fees and other housing consumption expenses. 2. Non-housing consumption: those who have retired or retired; those who have lost most or all of their ability to work and terminated the labor relationship with the unit; those who have left the country to settle; those who have died or been declared dead; those who have not deposited their money in another place and have sealed it for half a year; Other situations stipulated by the state and this city.
Q: What are the conditions for withdrawing housing provident fund when buying a house?
Answer: Purchase a self-occupied house with ownership in this city; purchase an owner-occupied house with ownership in the place where I, my spouse, parents, and children have their registered residence; purchase an owner-occupied house with ownership in the place where I and my spouse’s housing provident fund are deposited; I and my spouse can purchase a self-occupied house in this city If there are no self-owned houses in the city, you can purchase self-owned houses with ownership in Jiangsu Province, Anhui Province, and Zhejiang Province. The applicant and his/her spouse must meet the conditions of no housing provident fund loan and no housing provident fund repayment loan entrustment.
Q: What materials are needed to withdraw housing provident fund?
Answer: Proof of identity and relationship; original documents proving the reason for withdrawal; a Chinese-funded bank debit card for a first-class account in my name; and other relevant materials. If the Municipal Provident Fund Center has doubts about the authenticity of an employee’s withdrawal behavior during the withdrawal review process, it may require the employee to provide further valid certification materials. For offline processing, the property owner needs to go to the outlet in person to submit the above materials.
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