How to withdraw the Kunshan provident fund

Kunshan provident fund withdrawal process is as follows:

1, according to the provisions of the preparation of information

Want to withdraw the provident fund, the customer needs to be in accordance with the requirements of the provident fund center to prepare the appropriate information, such as the purchase contract, rental contract or proof of unemployment and so on, the specific customer should be based on the local provident fund center's notice shall prevail, do not have to omit or error;

2, to the The customer can apply to the nearest provident fund management center, this time to submit the information to the provident fund center for review, if there is a problem with the information, the counter staff will notify the customer on the spot corrections or supplements, if not in line with the conditions of the provident fund withdrawal, will inform the applicant of the reasons for not withdrawing and return the application information;

3, the applicant's signature confirmation

The applicant should sign and confirm the application. p>3, the applicant to sign to confirm

If the information submitted by the customer is not a problem, the provident fund center window review through the customer will be asked to sign to confirm, and the corresponding information to scan the archives;

4, the provident fund center to arrange for the next payment

After the customer's application information is deposited into the computer, the provident fund center will arrange for the funds to the customer to provide the bank account Generally, it takes about 1 week for the CPF center to review the information and arrange for the funds to be deposited into the account, so the customer should be patient and wait for the CPF center's notification.

The CPF can be used for the following:

1, for buying a house. If you want to take out a loan to buy a house, then you can apply for a provident fund loan, provident fund loan interest rate is low, you can save a lot of loan interest for the loan users; if you do not apply for a loan, then you can withdraw the provident fund for a one-time down payment for the house; for the users who have taken out a commercial loan to buy a house, you can withdraw the provident fund for the repayment of the principal and interest of the loan on a monthly basis;

2, for the construction of a house, refurbishing or overhauling of the house, the provident fund Contributors who have the need to build their own homes, or renovate or overhaul their own homes can apply for a one-time withdrawal of housing provident fund due to the payment of the cost of building, renovating or overhauling their homes;

3, for renting a home. In some cities, CPF can also be used for rental housing. If the monthly rental expenditure exceeds a certain percentage of the CPF contributor's household income, the CPF can be withdrawn on a monthly basis due to the payment of housing rent;

4. For the treatment of major illnesses. If a family member of a CPF contributor suffers from a major illness, he or she can apply for a CPF withdrawal to cover the medical expenses and reduce the burden on the family;

5. CPF contributors can apply for a one-off CPF withdrawal if they are retired, retired, or have left the country to settle in a foreign country. For retirees, the one-time withdrawal of provident fund is a sizable pension.

To summarize, in the process of withdrawing provident fund, you need to prepare the relevant materials, and then apply to your unit, and according to the purpose of the use of the relevant information required by the unit for pre-approval, and then submitted to the local provident fund department. The amount and number of withdrawals will be approved by the provident fund unit and will be released to the individual's account after checking.

Legal basis:

Article 24 of the Regulations on the Administration of Housing Provident Funds

Employees may withdraw the stored balance in their housing fund accounts under any of the following circumstances:

(1) purchase, construction, renovation, or overhaul of their own homes;

(2) retirement;

(3) complete loss of labor capacity, and termination of employment with the employer. (c) total loss of labor capacity and termination of labor relations with the unit;

(d) settlement outside the country;

(e) repayment of the principal and interest of the loan for the purchase of housing;

(f) rent exceeding the prescribed percentage of the family's wage income.

In accordance with the provisions of the preceding paragraph (b), (c), (d), the withdrawal of the employee's housing fund shall be canceled at the same time the employee's housing fund account.

If the employee dies or is declared dead, the heir or legatee of the employee may withdraw the stored balance in the employee's housing fund account; if there is no heir or legatee, the stored balance in the employee's housing fund account shall be included in the value-added income of the housing fund.