You know, interest rates on Provident Fund loans are much lower than on other types of loans. However, not everyone pays the Provident Fund. This might give you a question: can your pool fund be transferred to someone else for a loan? The answer is simple, no。

What if the equity fund goes off

The party ' s pension is not available for purchase. If you want to use a Provident Fund loan, you need to submit the loan to the Provident Fund Management Centre, submit the required loan information and fill out the application form for a Provident Fund loan. Then you just have to wait for an audit, and once this is done, they will assess the loan house and then release the loan from the bank。

What if you're using the equity fund to repay the mortgage and suddenly the equity fund breaks down? If you still have a balance in the Provident Fund account, that will not be a problem for the time being. The system will automatically deduct reimbursement costs from the account until the account balance is less than 100 yuan. Please note, however, that this is based on the specific requirements of the Local Housing Provident Fund Administration。

If the severance of the Provident Fund is due to separation from service, ensure that the new company continues to pay the Provident Fund after finding a new job. As a result, the balance of the Provident Fund account will be restored and you can continue to repay the loan. Importantly, if you had just applied for a Provident Fund loan and then the Provident Fund had broken down, even though the account still had a balance to repay the loan, the Provident Fund Management Service might have suspected that you intended to cheat benefits because the interest rate of the Provident Fund loan was more favourable than that of a commercial loan。