Do I have to pay social security for the provident fund?

If you want to buy a house with a provident fund loan, you need to pay the provident fund for a certain number of years. Do you have to pay social security when you pay the provident fund?

Pay the provident fund without paying social security. Generally, units that pay provident fund should pay social security for employees, and the specific matters need not be taken care of. You can ask the company personnel for specific matters, and you also need to pay social security. Only paying the provident fund will be slightly restricted, especially buying a house.

What is the function of provident fund? 1. If you don't have a loan to buy a house, you can withdraw it at one time. For those who purchase unused housing loans from their own houses, employees and their spouses may apply for withdrawing the amount of housing provident fund before the month when the purchase contract or agreement is signed (including that month), and the amount of withdrawal shall not exceed the purchase price (for those who purchase directional placement of affordable housing, it shall not exceed the amount after deducting housing compensation from the purchase price). Employees and their spouses, minor children and others jointly purchase houses, and do not use housing loans. One of the joint buyers and their spouses can withdraw the housing provident fund in the above way, and other buyers cannot withdraw the housing provident fund.

2. Commercial loans can draw down payment. If a personal housing loan from a commercial bank is used to purchase self-occupied housing, employees and their spouses may apply for withdrawal of the amount of housing provident fund before the month when the purchase contract or agreement is signed (including the month), and the withdrawal amount shall not exceed the down payment (for the purchase of directional resettlement affordable housing, the withdrawal amount shall not exceed the amount after deducting housing compensation from the down payment). If employees purchase houses together with their spouses and minor children and use personal housing loans from commercial banks, the borrower and his spouse can withdraw the housing provident fund in the above way, and other buyers cannot withdraw the housing provident fund.

3. The purchase of housing can be repaid with commercial loans, and the principal and interest of individual housing loans of commercial banks can be repaid. Employees themselves and their spouses can apply for withdrawal of the amount of housing provident fund before the month (including the month) when the loan is due as stipulated in the loan contract, and the total amount does not exceed the repaid loan principal and interest. If employees purchase houses together with their spouses and minor children and use personal housing loans from commercial banks, the borrower and one of their spouses can withdraw the housing provident fund through the above-mentioned methods (the extractor should be consistent with the employees who have withdrawn the loan down payment at one time), and other buyers cannot withdraw the housing provident fund.

4. Provident fund (portfolio) loans can be used to repay the principal and interest. In order to repay the principal and interest of individual housing provident fund (portfolio) loans, employees and their spouses can apply for withdrawal of loans to settle the amount of housing provident fund before the current month (including the current month), and the total amount does not exceed the repaid loan principal and interest.