How to Withdraw Guangzhou Provident Fund for the Second Time

The conditions for the second withdrawal of Guangzhou Provident Fund are as follows:

1, and the extraction interval is generally one year;

2, must meet the requirements of extraction times;

3. Have the corresponding extraction qualification.

Scope of use of provident fund:

1, which is used to purchase, build, renovate and overhaul self-owned houses;

2. Used to repay the principal and interest of the house purchase loan;

3. When renting a house, pay the rent;

4. When retiring, withdraw the remaining provident fund balance;

5. After leaving office, go abroad to settle down, emigrate or stop paying the provident fund, and withdraw all the provident fund.

The use of provident fund covers many aspects related to housing, aiming to help employees solve housing problems and improve their quality of life.

To sum up, the second withdrawal of Guangzhou provident fund needs to follow specific regulations, including the withdrawal interval of at least one year, the number of times that meet the requirements and meeting specific withdrawal qualifications. These conditions are isomorphic to form the basic framework of the second withdrawal of provident fund.

Legal basis:

Regulations of People's Republic of China (PRC) Municipality on the Administration of Housing Provident Fund

Article 24

In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.

If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account. If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.