How to extract the Provident Fund when it's urgent
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As we all know, in addition to being available to buy a house, the Provident Fund can be used to choose to withdraw it when it is urgently needed. But do you know how to draw on the Provident Fund and what to note
How to extract the Provident Fund when it's urgent
First of all, you need to know about your pool account balance. Find out how much money there is in the account before deciding to withdraw the Provident Fund。
Then you have to know if you meet the extraction requirements. You know, there are certain requirements for drawing from the Provident Fund, and different justifications are required, so you need to know that before you do it。
Then you need to prepare the application for the withdrawal of the Provident Fund. If you are somewhat confused about the information submitted, you may wish to consult the Provident Fund Management Centre。
Next, submit your withdrawal request. As long as completed application forms and related information are made available to the Fund ' s administration, you may choose to go to the Fund ' s management centre in person or to submit them online。
Finally, wait for the approval of the loan. Once your application has been submitted, all applications will be verified and reviewed by the Provident Fund Management Centre, which will take approximately two working days. Remember that only when all your materials and conditions are met will the Provident Fund be released to your designated card, and therefore you will have to follow the requirements when using the money。
As to how long it takes to draw on the Provident Fund, it will normally take about three working days for you to receive the money after normal processing. It depends, of course, on whether you have completed all the submissions and processes, and if you have done well and if the bank has successfully remitted them to your personal account, you will be available in about three days, and if you have left a mobile phone that can receive the notification in the process, you will receive a reminder。
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