Recently, cities such as Chengdu, Kunming, and Lanzhou have adjusted their regulations on the withdrawal of housing provident funds, easing restrictions and increasing the amount that can be withdrawn.

Let's take a look!

Chengdu: Starting from October 8th, monthly withdrawal for the repayment of personal housing loan principal and interest.

On September 25th, the Chengdu Housing Provident Fund Management Center issued the "Chengdu Housing Provident Fund Monthly Withdrawal Management Regulations for Repaying Personal Housing Loan Principal and Interest."

These regulations will be implemented from October 8th and will be valid for one year.

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I. Applicable Subjects and Implementation Methods Employees who have deposited in the Chengdu Housing Provident Fund Center and have taken out personal housing loans can apply to the center for monthly withdrawals to repay the loan during the loan repayment period.

Personal housing loans include public fund loans, commercial loans, and a combination of public fund loans and commercial loans.

There are two ways to implement monthly withdrawals for loan repayments: "direct offset of principal and interest" and "fixed amount extraction."

II.

Conditions Required for Signing a Monthly Withdrawal Agreement 1.

The depositing employee is the owner of the housing purchased with the loan or the spouse of the owner, and the housing loan has not been paid off.

2.

The depositing employee's housing provident fund account does not have any pending withdrawal business, pre-received item registration, judicial freeze that has not been lifted, and the employee has not been included in the bad behavior registration of the Chengdu Housing Provident Fund Center.

3.

The depositing employee has not handled any other housing consumption withdrawal business within a calendar year, including withdrawal for purchasing, building, rebuilding, major repairing of self-occupied housing, as well as withdrawal for repaying non-this-set housing loan principal and interest, and rental extraction.

4.

The depositing employee does not have any effective annual withdrawal agreement or other monthly withdrawal agreement.

5.

The address of the house should be consistent with the local administrative region where the depositing employee or the spouse's household registration is located or where they work, except for the housing purchased within the extraction mutual recognition area announced by the Chengdu Housing Provident Fund Center.

III.

Handling Methods Eligible depositing employees can handle it online through the "Chengdu Housing Provident Fund" APP; if the relevant information cannot be accurately obtained online, an in-person application is required.

When handling in person at the counter, the depositing employee must provide proof materials according to the provisions of Article 5 of the "Chengdu Housing Provident Fund Monthly Withdrawal Management Regulations for Repaying Personal Housing Loan Principal and Interest."