How to withdraw Xiangyang provident fund?

Xiangyang provident fund withdrawal process is as follows:

1, prepare data as required.

If you want to withdraw the provident fund, you need to prepare the corresponding materials according to the requirements of the provident fund center, such as the purchase contract, rental contract or unemployment certificate. Specific customers shall be subject to the notice of the local provident fund center, and there shall be no omissions or errors;

2. Apply to the Provident Fund Center.

Customers can apply to the nearest provident fund management center. At this time, the materials will be submitted to the provident fund center for review. If there is any problem with the information, the counter staff will inform the customer to correct or supplement it on the spot. Do not meet the conditions for withdrawal of provident fund, inform the applicant of the reasons for not withdrawing, and return the application materials.

3. The applicant signs for confirmation.

If there is no problem with the information submitted by the customer, the CPF Center window will ask the customer to sign for confirmation after approval, and the corresponding information will be scanned and archived;

4. The Provident Fund Center will arrange the next payment.

After the customer's application materials are stored in the computer, the provident fund center will arrange the funds to the bank account provided by the customer. Under normal circumstances, it takes about 1 week for the provident fund center to review the materials and arrange the funds to arrive. Just wait patiently for the notice from the provident fund center.

Provident fund withdrawal requirements are as follows:

1, used to buy a house. If you want to borrow money to buy a house, you can apply for a provident fund loan. The low interest rate of provident fund loans can save a lot of loan interest for loan users. If you don't apply for a loan, you can withdraw the provident fund at one time to pay the down payment for the house; Users who have applied for commercial loans to purchase houses can withdraw the provident fund to repay the loan principal and interest on a monthly basis;

2, due to the construction, renovation or overhaul of housing, provident fund depositors have to build their own housing, or renovation, overhaul of their own housing needs, you can apply for a one-time withdrawal of housing provident fund, due to pay housing construction, renovation, overhaul housing costs;

3. for renting a house. Some urban provident funds can also be used for renting houses. If the monthly rental expenditure exceeds a certain proportion of the family income of the depositor of the provident fund, then the provident fund can be withdrawn monthly to pay the housing rent;

4, used to treat major diseases. If the family members of the provident fund payer are unfortunately suffering from serious diseases, they can apply for withdrawing the provident fund to pay medical expenses and reduce the family burden;

5. If the payer of the provident fund retires, resigns or goes abroad to settle down, etc. , he can apply for a one-time withdrawal of provident fund. For retirees, one-time withdrawal of provident fund is a considerable pension.

To sum up, in the process of withdrawing provident fund, you need to prepare relevant materials first, then apply to your own unit, provide relevant materials according to the purpose of use, and submit them to the local provident fund department after pre-examination. The withdrawal amount and the number of withdrawals shall be approved by the provident fund unit, and shall be paid to the personal account after verification.

Legal basis:

Article 24 of the Regulations on the Management of Housing Provident Fund

In any of the following circumstances, the employee 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.