The Provident Fund, as a public benefit, is a system established in our country to address the housing problems of workers. At the same time, deposits in the Provident Fund have the characteristics of taking at any time, but this method of drawing is regulated and restricted。

Is that what you want

First, there are limits to the amount to be paid. In accordance with the regulations, the withdrawal of the Provident Fund is divided into housing, entrepreneurship, retirement, serious illness, etc., with a specific percentage, maximum amount and conditions of withdrawal for each type. If the prescribed conditions are not met, the payment cannot be made at will. For example, in order to purchase a house from the Provident Fund, the first purchase would have to be made into the Provident Fund for two years, with limits on the size of the purchase and a strict ceiling。

Second, there are certain requirements for the accounts of the Provident Fund. If an account is frozen or does not exist, it cannot be collected at will. Such factors as late repayment, waiver of loan compensation or liquidation could lead to the freezing of accounts and, at that point, was not available。

THIRDLY, THERE ARE ALSO DEPOSIT RESTRICTIONS ON PROVIDENT FUND DEPOSITS AND THERE ARE MANY REQUIREMENTS FOR ACCESS TO THE PROVIDENT FUND ACCOUNTS. WITH REGARD TO THE CONTRIBUTION RATE, SINCE 2018, THE UNIT AND INDIVIDUAL CONTRIBUTION RATIO HAS BEEN ADJUSTED TO 101 TP3T, AND FOR THE HIGHER-INCOME GROUPS, THE ONLY OPTION TO INCREASE THE AMOUNT OF THE CONTRIBUTION IS VOLUNTARY OR THROUGH OCCUPATIONAL ADJUSTMENT. THERE IS A NEED TO USE THE PROVIDENT FUND APP OR TO GO TO THE PROVIDENT FUND CENTRE FOR AN OFFLINE QUERY IN ORDER TO QUERY THE FUND ' S ACCOUNT BALANCE。

In response to the question of the ready withdrawal of the Provident Fund deposits, we also need to consider whether, from the point of view of its liquidity, once the Fund is removed, we need to guarantee the wisdom of the financial flow for ourselves. It is in keeping with its original intent to draw on the Provident Fund in times of great events and economic emergencies, but some unnecessary consumption and investment will require our careful consideration。