The provident fund has been loaned out. Can the provident fund loan continue to be used when it is broken?

After breaking off diplomatic relations for three consecutive months, the provident fund management center has the right to terminate the provident fund loan contract or implement the commercial loan interest rate. So you can't break off the loan with the provident fund.

After handling the housing provident fund loan, immediately seal the account to stop paying the housing provident fund, and the housing provident fund management center shall order it to pay back the outstanding housing provident fund, and pay it in full and on a normal monthly basis during the loan period; Refused to pay, to recover the housing provident fund loans or the implementation of commercial loan interest rates.

The impact of the suspension of provident fund deposit on loans is mainly manifested in the following two aspects:

1. If you want to apply for a provident fund loan, according to the Regulations on the Administration of Provident Funds, the borrower must pay the housing provident fund continuously every month before applying for a loan, and the unit that is in arrears for more than 3 months (including 3 months) will suspend accepting the application for individual housing loans from the housing provident fund. Therefore, if you stop paying the provident fund, you cannot apply for a provident fund loan.

2. For the borrower who has applied for provident fund loans, if the borrower of housing provident fund loans fails to pay the housing provident fund in full and on time for three consecutive months or a total of six months, the provident fund management center has the right to terminate the loan contract and require the borrower to pay off the housing provident fund loans in advance.

? Extended data

Provident fund, usually refers to housing provident fund, and sometimes also refers to company provident fund. Housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social organizations and their employees.

From July 20 17 1 day, the transfer and connection of housing provident fund in different places are all handled through the "National Platform for Transfer and Connection of Housing Provident Fund in Different Places". Gradually realize "accounts go with people, money goes with accounts". At the same time, we will vigorously promote off-site loan services to meet the funding needs of paid employees for cross-regional housing purchases.

20 16, 18 On February 8th, according to the Notice of the Central Bank, the Ministry of Housing and Urban-Rural Development and the Ministry of Finance on Perfecting the Formation Mechanism of Deposit Interest Rate in Employees' Housing Provident Fund Account, the deposit interest rate in employees' housing provident fund account was adjusted from the current benchmark interest rate for current and three-month deposits divided by collection time to the unified benchmark interest rate for one-year time deposits on February 2nd.

References:

Baidu encyclopedia-accumulation fund