What are the conditions for applying for a Provident Fund credit, how are individual Provident Fund loans? What is the application and process?

How can I borrow a personal pool loan

I. Conditions for applying for personal credit loans from the Provident Fund

Provident Fund credit is a sub-product of bank credit consumption loans, and most banks support the Fund ' s credit operations, such as the Bank ' s Provident Money Flash, the Bank ' s Provident Fund Express and the Postal Bank ' s Postal Loan。

The conditions for applying for loans vary from bank to bank. In general, the following basic conditions are required for applying for a personal credit loan from the Provident Fund: a full year ' s contribution and a normal status of the Fund ' s account; easier access to the loan line for salaried workers between the ages of 18 and 60; good credit for borrowers; and other conditions set by banks。

The conditions for applying for a Provident Fund credit loan may also refer to the conditions for applying for a bank credit consumer loan. For example, a commercial bank may apply for a Provident Fund Flash loan if it is in possession of a billboard savings card, is between 23 and 60 years of age, has the capacity to repay the loan on time and has good personal credit and is in a normal state of deposit。

Depending on the conditions of application, it will be easier to obtain a Provident Fund credit line to maintain a good personal credit record, a large amount of balances in the Provident Fund account and a long period of time to pay。

II. Process for applying for personal credit loans from the Provident Fund

1. Underline application

1) To consult in advance with the client of the bank on whether to support the processing of the Provident Fund credit, as well as on the terms of application for the loan and the materials required;

2) If the conditions for a loan are met, the application for a loan may be made at a bank site with the relevant materials, such as personal identity cards and a record of the collection of the public deposit;

3) Upon submission of the application, the Public Provident Fund Centre and banks review the authenticity of the borrower ' s data and personal qualifications and give the results of the examination;

4) After the audit is completed, the bank informs the borrower, by text message, telephone, etc., of the signing formalities;

5) When the contract is concluded, the bank normally completes the loan within one week, and the borrower is able to repay the loan on time and on a monthly basis。

Online application

APPLICATIONS CAN BE MADE THROUGH ONLINE BANKS OR MOBILE BANKS。

This is the question of how individual Provident Fund loans are to be financed. What is the application and process of application? With respect to personal housing fund loans, which are now more common, the matter should be handled in strict accordance with the specific procedures described above and the submission of relevant material for determination. If this is necessary, it must be made subject to the conditions described above, which are not subject to review。