Would you like to know how you'd draw on your sanctuaries in Shanghai after separation? First, when you're done with your post, your pension account will be sealed. This leads some to consider how to extract it if it is sealed. Let's get this straight。

How can Shanghai City Provident Fund be withdrawn

The question that has been asked has been how to extract the Shanghai City Provident Fund

And the answer is, if you've had the Provident Fund sealed for six months and you haven't contributed to it in other cities, you can withdraw it. At this point, you can go directly to the Provident Fund Management Centre for extraction operations, or choose to operate online, for example, through the Shanghai Provident Fund Network or on Twitter。

Two points, however, must be clear. One is, if you're not six months old, you can't get it out. Second, if you already have a deposit in other cities, your Shanghai Provident Fund will not be available. So make sure you meet the above withdrawal conditions。

Another common question is: can they be withdrawn one year after the buy-in of a Provident Fund loan

So-called rules, you can draw on the Provident Fund in a year. However, the amount withdrawn is limited. Normally, the amount drawn is the amount of the loan that you repay within one year, but cannot exceed your account balance. When you seek withdrawal, you need to provide some information, including an application form, a contract for the purchase of a house or a certificate of title, a loan contract with a bank, your identity card, and the bank card you use to repay the loan。

Another option is that if you want to repay the loan with the account balance, you can go to the Housing Provident Fund Management Centre to do the hedge loan. Once this is done, the bank will deduct money from your account to repay your loan。

I hope that information will help you. Thank you for reading