Can the provident fund be withdrawn?

the provident fund can be withdrawn, as long as the following conditions are met.

1. Purchase withdrawal

Not only is it limited to applying for bank loans, but also the balance in the account can be withdrawn to subsidize the purchase price. If you plan to purchase a house with a commercial loan, you can withdraw the balance in the account to pay the down payment or repay the principal and interest.

2. Paying rent

The rent is relatively expensive, which has exceeded 15% of the normal household expenditure. You can withdraw the housing provident fund by virtue of the rental contract.

3. Extraction of renovated houses

In this case, the self-owned houses can only be extracted after renovation or reconstruction.

4. Extraction of major diseases

If you or your immediate family members suffer from major diseases, you can extract them under the pressure of medical expenses, but you must comply with the relevant regulations, and the amount of extraction cannot exceed the medical expenses you have paid.

5. Withdrawal of account cancellation

Retired persons, persons planning to emigrate or persons with non-local household registration are ready to cancel their accounts after the termination of the labor contract, which can be withdrawn at one time.

Jiwu real estate encyclopedia, more knowledge is necessary to buy a house.