How to take the initiative to repay if the deduction of provident fund fails?

When the deduction of provident fund loans fails, the following measures can be taken to repay:

1. Determine the failure reason: First, contact the loan bank or provident fund management institution to find out the specific reasons for the failure of deduction, and confirm whether it is a personal account problem or a system failure.

2. Payment of overdue funds: Depending on the reason for the failure of deduction, overdue funds may need to be paid. After confirming the overdue amount, deposit the overdue amount into the loan account as soon as possible, or repay it in the way required by the bank.

3. Bank repayment: If the deduction fails due to bank problems, you can go to the bank counter or use online banking to make active repayment. Prepare loan contract, identity certificate, repayment amount and other related materials in advance.

4. Repayment by the provident fund management institution: If the deduction fails due to the problems of the provident fund management institution, you can go to the local provident fund management center or use the online provident fund platform to make active repayment. Prepare loan contract, identity certificate, repayment amount and other related materials in advance.

5. Adjust the deduction method: If the deduction fails due to insufficient account balance, you can negotiate with the bank or provident fund management institution to adjust the deduction method, such as changing the deduction date or increasing the account balance.

6. Avoid the failure of deduction again: To avoid the failure of deduction again, ensure that the account has enough balance, or confirm the date and amount of deduction with the bank or provident fund management institution to know the repayment situation in time.

Precautions for provident fund loans?

1. Avoid using provident fund before applying for a loan: When the balance of your provident fund account is reduced or even cleared, you will not be able to get a provident fund loan. Therefore, before applying for a loan, try to avoid using provident fund.

2. Avoid prepayment in the first year: prepayment in the first year of loan is not recommended. Some loan contracts stipulate that within one year after the loan expires, part of the prepayment needs to pay extra fees. Therefore, in the early stage of the loan, it is best not to repay in advance.

3. Inform the lessee of the mortgage situation when renting the house: No matter what type of loan is applied for, if the mortgaged house is rented during the loan period, the lessee shall be informed of the mortgage situation in writing. This can ensure that the lessee understands and agrees with the mortgage status of the house.