Why is the provident fund not automatically deducted?

There is no automatic deduction of provident fund. First of all, it may be because the balance of the bank card bound by the user for provident fund deduction is insufficient or other abnormal conditions, which leads to the failure of bank deduction.

There is also a system failure, which leads to the failure to buckle. Customers are advised to contact the bank.

Finally, the mortgage began to be repaid the next month, but the customer mistakenly thought that the repayment began that month.

We also need to note that if only the bank card is bound, the bank will only deduct the payment from the repayment bank card when it automatically deducts the payment. If the customer wants to use the housing provident fund to repay the mortgage, he must also apply to the bank for provident fund loan repayment business. If the customer does not take the initiative to apply, the bank will not automatically deduct it from the customer's housing provident fund account.

There are many benefits of housing provident fund loans, mainly including four points:

First, the interest rate is low, the repayment amount is small and the repayment method is flexible.

Second, the repayment method is extremely flexible. As long as the monthly repayment amount is not less than the "repayment amount", the borrower can determine the monthly repayment amount at will, which is very convenient for the borrower to arrange funds.

Third, the prepayment amount of provident fund loans is flexible, which is convenient for capital control.

Fourth, there is no specific prepayment amount for provident fund loans. As long as the repayment is greater than the repayment amount, it is regarded as the prepayment amount, and the number of times is not limited, and the repayment can be made in advance on a monthly basis.