Those who meet the conditions can withdraw the balance of Shanghai provident fund to repay the loan. Shanghai: Use provident fund loans to buy houses in Jiangsu, Zhejiang and Anhui.

Shanghai has introduced a policy for the repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta.

On May 31, The Paper reporter learned from the Shanghai Provident Fund Management Center that in order to promote the implementation of the integration of housing provident funds in the Yangtze River Delta, better utilize the institutional role of housing provident funds in supporting employees to improve their housing conditions, and effectively reduce the burden of employees buying houses in other places and repaying loans, The 70th plenary meeting of the Shanghai Municipal Housing Provident Fund Management Committee reviewed and approved the "Notice on Policies Concerning the Withdrawal of the Municipal Housing Provident Fund to Repay Off-site Housing Provident Fund Loans in the Yangtze River Delta". The Municipal Provident Fund Center formulated supporting operating rules as required to clarify the off-site housing in the Yangtze River Delta. Provident fund loan repayment and withdrawal business conditions, withdrawal amount, processing materials, processing methods, etc.

According to the "Notice", starting from June 1, 2024, employees who use housing provident fund loans to purchase houses in Jiangsu Province, Zhejiang Province or Anhui Province meet the prescribed housing purchase circumstances, and have no housing provident fund loans or entrustment to withdraw housing provident funds in this city When repaying a housing loan, the primary lender and his or her spouse can withdraw the balance from the city's housing provident fund account to repay the provident fund loan.

Qualified employees can go to the business outlets of the Municipal Provident Fund Center to apply. For specific application methods and materials, please check the Shanghai Provident Fund official website or call the 12329 hotline for consultation.

01. When will the repayment and withdrawal policy for housing provident fund loans in other places in the Yangtze River Delta be implemented?

Answer: Starting from June 1, 2024, employees who repay housing provident fund loans obtained by purchasing houses in Jiangsu Province, Zhejiang Province or Anhui Province can apply to withdraw the balance of the city's housing provident fund account if they meet the conditions.

02. Which loans are supported by the Yangtze River Delta’s off-site housing provident fund loan repayment and withdrawal business?

Answer: The scope of supported loans includes housing provident fund loans obtained for home purchases in Jiangsu Province, Zhejiang Province or Anhui Province, excluding commercial home purchase loans or commercial loan portions of portfolio loans. The repayments of the above-mentioned loans starting from June 1, 2024 can be withdrawn.

03. After the implementation of the policy on loan repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta, is the original policy of withdrawing housing provident funds to repay home purchase loans in other places in the Yangtze River Delta Integration Demonstration Zone still valid?

A: Both withdrawal policies are valid. Employees can choose to handle it according to the actual situation.

04. What conditions need to be met to handle the repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta?

Answer: Employees who meet the following conditions can apply to withdraw the balance of their housing provident fund accounts in this city to repay housing provident fund loans obtained for purchasing houses in Jiangsu Province, Zhejiang Province or Anhui Province:

The house purchased is located in the place where I, my spouse, parents, and children have their household registration, or the house I purchased is located in the place where I and my spouse’s housing provident fund are paid, or I and my spouse do not own their own houses in this city;

The withdrawal applicant is the main lender himself and his spouse;

The applicant and his/her spouse do not have housing provident fund loans in this city, and there is no entrustment to withdraw housing provident funds and repay housing loans.

05. How to handle the repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta?

Answer: The "pay first and then withdraw" method is adopted. After repaying the loan, the applicant shall submit the loan contract, repayment voucher and other business processing materials to the business outlet of the Municipal Provident Fund Center to apply for withdrawal. After approval, the funds will be withdrawn and transferred to the first-class debit card of a housing provident fund cooperative bank in the name of the applicant.

06. If the house purchased is located in the place where I, my spouse, my parents, and my children have their registered residence, what materials are required for the first application of repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta?

Answer: If the house you purchase is located in the place where you, your spouse, parents, or children have their household registrations, you will need to provide the applicant’s identity certificate and relationship certification materials, real estate certificate, loan contract, repayment voucher within the repayment time period, household registration booklet or household registration for the first time. Proof of location and a first-class debit card from a housing provident fund cooperative bank in your name.

07. If the house purchased is located in the place where I and my spouse’s housing provident fund are deposited, what materials do I need to provide when applying for loan repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta for the first time?

Answer: If the house purchased is located in the place where you and your spouse’s housing provident fund is deposited, you must provide the applicant’s identity certificate and relationship certification materials, real estate certificate, loan contract, repayment voucher within the withdrawal and repayment time period, certificate of the housing provident fund deposit place and Corresponding marriage relationship certificate and a first-class debit card from a housing provident fund cooperative bank in your name.

08. If I and my spouse do not own their own houses in this city, what materials do they need to provide when applying for the repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta for the first time?

Answer: If I and my spouse do not own their own houses in this city, for the first time, they need to provide the applicant’s identity certificate and relationship certification materials, real estate certificate, loan contract, repayment voucher within the withdrawal and repayment time period, and the housing provident fund cooperation in my name. A bank debit card.

09. After the first withdrawal is successful, what materials are required for the next renewal?

Answer: For renewal, please provide the applicant’s identity certificate and relationship proof materials, the repayment voucher within the withdrawal and repayment time period, and a first-class debit card of a housing provident fund cooperative bank in your name.

10. What channels can be used to apply for repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta?

Answer: Applicants can submit applications through the business outlets of Shanghai Provident Fund Management Center. Subsequently added processing channels shall be subject to the business guide.

11. What other matters need to be paid attention to when applying for repayment and withdrawal of housing provident fund loans in other places in the Yangtze River Delta?

Answer: 1. The applicant should declare and confirm the withdrawal and repayment time period on the spot, and apply for withdrawal at most once per withdrawal and repayment time period.

2. The primary lender should authorize the Shanghai Provident Fund Management Center to verify the loan and repayment information. You can pre-authorize before applying for withdrawal, enter the WeChat "National Housing Provident Fund Public Service" applet, and fill in the "Service-Information Query Authorization" menu. Pre-authorization information. You can also apply for simultaneous authorization of withdrawal, enter the WeChat "National Housing Provident Fund Public Service" applet, and confirm the authorization information according to the page prompts.

3. If the applicant has already handled the business of leasing and withdrawing the housing provident fund, and at the same time handling the loan repayment and withdrawal of the housing provident fund loan in another place in the Yangtze River Delta, the business of leasing and withdrawing the housing provident fund may fail due to insufficient account balance. Please pay attention to the account balance when applying.

4. If the housing provident fund account balance is directly used to repay the housing provident fund loan at the place of loan by means of "loan offset" and other methods, repeated withdrawals cannot be made.

5. If the applicant repays multiple off-site loans at the same time, only one loan can be repaid and withdrawn at the same time.