Can Zhangzhou Housing Provident Fund withdraw the down payment?

Zhangzhou housing provident fund cannot directly withdraw the down payment.

According to the current provident fund withdrawal policy, the down payment for house purchase cannot be directly withdrawn from the provident fund account; You need to pay a down payment before buying an auction house, and then withdraw the provident fund from the provident fund management center with the filing contract; Therefore, it is suggested to increase the down payment by other means first, and then withdraw funds from the provident fund account with the purchase contract and down payment invoice.

The extraction conditions of housing provident fund:

1. When employees purchase, build, renovate or overhaul their own houses;

2 employees and their spouses, children and parents need to pay high medical expenses due to illness;

3. When employees retire, they completely lose their ability to work and terminate their labor relations with the unit;

4. When the employee is unemployed for more than one year and terminates the labor relationship with the unit;

5. If an employee dies or is declared dead, it shall be extracted by his successor or legatee;

6, employees and their spouses, children, parents died, used to pay funeral expenses;

7. The employee is not registered in the city and leaves the city after terminating the labor relationship with the unit;

8 employees purchase, construction, renovation or overhaul of their own housing, their housing loans have been settled;

9. Other circumstances stipulated by laws and regulations.

In summary, Zhangzhou housing provident fund cannot be directly used for down payment. It is suggested that the down payment should be raised by other means first, and then the provident fund should be drawn from the purchase contract and down payment invoice.

Legal basis:

Regulations on the administration of housing provident fund

Article 24

In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.

In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.