Can be mentioned every month! The new provident fund policy is coming!
Good news! Foshan provident fund can be withdrawn every month to repay the loan, and 10 thousand yuan can be withdrawn for a year without a house or renting a house! Use the money from the provident fund quickly!
Foshan provident fund can be withdrawn once a month.
Prior to this, Foshan introduced the management measures for the deposit, withdrawal, loan and flexible employment of housing reserve, which was implemented on March 1, 2024.
Among them, in order to reduce the pressure on employees to repay loans, Foshan Provident Fund’s "policy of withdrawing principal and interest for repayment of housing loans" has been added: it can be withdrawn once a month.
According to the "Withdrawal Measures", after paying the employee loan to buy a house, you can withdraw the housing provident fund once a month during the loan repayment period. If you apply for a housing provident fund loan in this city, the balance of the housing provident fund account will offset the housing provident fund loan on a monthly basis.
It used to be withdrawn once every six months at the earliest, but now it can be received every month. Guichengjun teaches you how to operate quickly.
1. Open the "Foshan Provident Fund" WeChat official account and click [Service]-[Personal Online Service].
2. Click [Business Hall] to enter [Withdrawal of principal and interest for repayment of house loan (including renewal)].
3. Click [I want to extract]-Select [Associated House Address]-Select [OK].
4. Terminate the original agreement and re-sign, and select [once a month] in "Deduction frequency".
5. Finally, after the approval, click [Withdraw] on the homepage of the provident fund to enter the "Personal Withdrawal Business" to check the progress.
After the change is successful, the provident fund will automatically arrive at the account every month, and you don’t have to pay the loan for half a year first, which can effectively reduce the pressure of repayment! The annual withdrawal amount of the provident fund is 10896 yuan. If you don’t buy a house, you can also withdraw it! In July 2023, Foshan Provident Fund announced a new withdrawal policy, and the withdrawal amount from July 2023 to June 2024 was 10,896 yuan.
Workers paid into the housing provident fund:
According to the Notice of Foshan Housing Provident Fund Management Center on Adjusting the Relevant Matters Concerning the Payment of Rent from Housing Provident Fund in Foshan (Fo Fang Jin Guan [2023] No.29), the relevant standards for the rental extraction in Foshan in 2023 (from July 2023 to June 2024) are hereby announced as follows:
First, the highest extractable amount of rented commercial housing
The maximum monthly withdrawal amount of rented commercial housing is 908 yuan (the average monthly salary of employees in urban non-private units in Foshan in 2022 is 9078 yuan ×10%, rounded off), and the maximum annual withdrawal amount is 10896 yuan.
Second, the maximum extractable amount of commercial housing rented by families with many children
The maximum monthly withdrawal amount of commercial housing for families with many children is 5447 yuan (the average monthly salary of employees in urban non-private units in Foshan in 2022 is 9078 yuan ×60%, rounded off), and the maximum annual withdrawal amount is 65364 yuan.
Third, the validity of the notice
This notice shall come into force as of July 1, 2023 and shall be valid until June 30, 2024.
Foshan housing fund management center
June 27, 2023
According to the latest withdrawal policy, from July 2023 to June 2024, the maximum annual withdrawal amount for renting a house is 10,896 yuan; High-level talents can extract up to 32,688 yuan per year; Families with many children can withdraw up to 65364 yuan a year.
The extraction year is from July 1st of that year to June 30th of the following year, and it is not retrospective. You can choose to extract by year or by month.
If you are not in a hurry to use money or manage money, then let the money continue to lie in the provident fund account. If money is tight, the money in the provident fund can be saved!
The new policy of three major provident funds to facilitate the people and benefit the people has been implemented.
In addition, since March 1st, Foshan Housing Provident Fund Management Center has implemented the new policy of lending, withdrawing and depositing three provident funds to facilitate the people and benefit the people. Let’s take a look!
The loan cancels the household registration restriction.
Article 8 of Chapter 2 of the Measures for the Administration of Individual Housing Loans of Foshan Housing Provident Fund stipulates that employees who pay housing provident fund to purchase, build, renovate or overhaul their own houses in this city may apply for provident fund loans as loan applicants in accordance with the provisions of these measures. The loan applicant shall be a natural person with full capacity for civil conduct, a housing property owner or his spouse, and has not reached the statutory retirement age stipulated by the state.
If there are multiple property owners in the same house who meet the conditions of provident fund loans and are not the same family, only one of the property owners’ families can apply for provident fund loans, and all property owners and their spouses should serve as co-mortgagors.
If both husband and wife are loan applicants for the same provident fund loan, one principal loan applicant shall be determined.
02
New loan repayment business
Article 39 of Chapter 6 of the Measures for the Administration of Housing Provident Fund Personal Housing Loans in Foshan stipulates that if a borrower deposits housing provident fund in this city, he shall apply for housing provident fund loan repayment business at the same time, that is, authorize the provident fund center to directly offset the repayment principal and interest of housing provident fund personal housing loans with the funds in his personal account every month according to the agreement, and the offset order shall be implemented according to the agreement. When the balance of the borrower’s personal account is insufficient, the insufficient part will be deducted from the repayment bank account to supplement it. The borrower shall deposit the current loan principal and interest in full into the repayment bank account before the repayment date every month.
03
Increase the maximum loan amount of provident fund loans
The Notice of Foshan Housing Provident Fund Management Center on Defining the Relevant Matters of Personal Housing Provident Fund Loans stipulates that following the principle of "deposit before loan, linking deposit with loan", the city’s provident fund loans will be differentiated, that is, different deposit times correspond to different maximum loan amounts. If the husband and wife jointly apply for provident fund loans and meet the conditions of provident fund loans (hereinafter referred to as double-paid employee families), the time of deposit shall be determined by the main loan applicant. When high-level talents who have paid housing provident fund in this city apply for provident fund loans, the deposit time shall be determined as ≥36 months.
(three) to buy the first set of self-occupied housing and the purchased housing is a commercial housing that meets the green building standards of two stars or above, and the maximum loan amount will rise by 10%.
(four) the purchase of the first set of self-occupied housing and the purchased housing has been identified as commercial housing for prefabricated construction projects, and the maximum loan amount has risen by 10%.
(5) If a family with more than three children buys the first set of self-occupied housing, the maximum loan amount will rise by 10%.
(six) in line with the above (three) (four) (five) (excluding high-level talents), the floating ratio can be accumulated.
(7) The above-mentioned situations (3), (4) and (5) are not applicable to high-level talents. If high-level talents buy the first home in Foshan, the maximum loan amount shall be implemented according to the relevant loan provisions of high-level talents in our city.
Please forward the spread and let more people know!
Source: Foshan Provident Fund, Foshan Tong and Foshan Leju.
Editor: Luo Jingwen, Foshan News Network