How to deduct housing provident fund?

Many people will use provident fund loans when buying a house, but few people know how to repay provident fund loans. Let’s take a look at whether provident fund repayments are automatically deducted. By the way Let’s talk about how to deduct the monthly payment of provident fund loan and what to know about the first month of provident fund repayment. Friends who are interested should take a look.

1. Is the provident fund repayment automatically deducted?

1. Is the provident fund repayment automatically deducted? According to relevant regulations, provident fund repayments are automatically deducted. However, the provident fund automatic deduction can only be successfully deducted when the balance of any one of the three accounts, the provident fund account of the primary lender, the provident fund account of the auxiliary lender, and the repayment card, is greater than or equal to the principal and interest of the loan that should be repaid.

2. Therefore, provident fund repayments can be automatically deducted. As long as there is sufficient balance in the account, the required deductions can be automatically deducted every month. There is no need to set an alarm clock reminder every month. To repay.

3. The housing provident fund offset loan is to entrust the bank to withdraw the money from the personal provident fund account balance to repay the monthly loan payment or repay the loan in advance. The offset loan is divided into "annual offset" and "monthly offset" way. Using the annual offset method is equivalent to making partial early repayment once a year, but in this method, priority is given to repaying the principal of the provident fund loan. In addition, the monthly repayment must be returned in cash. Using the monthly offset method, in addition to repaying the "monthly principal and interest amount payable" of provident fund loans every month, you can also offset the "monthly principal and interest amount payable" of commercial loans.

2. How to deduct the monthly payment of provident fund loan

1. How to deduct the monthly payment of provident fund loan? Generally speaking, if the loan is subject to withdrawal and transfer business at the same time (withdrawal and transfer by both parties), the repayment amount must be deposited in the first month to ensure deduction. From the next month when the loan is actually repaid, the payment will be deducted on the 3rd of each month (in case of Postponed on holidays) The provident fund will be withdrawn according to the repayment amount of the previous month. If the two parties transfer the payment, if the account balance is insufficient, the provident fund of the spouse will be transferred, and all the provident fund will be transferred to the joint provident fund card. If payment is overdue, payment will be stopped. Please check whether the balance in the repayment card is sufficient on time and make up the deficiency yourself to avoid overdue loans.

2. Provident fund loan repayment and monthly withdrawals and transfers are two different businesses. After applying for a housing provident fund loan, monthly repayments are your obligation. You ensure that your provident fund co-branded card (repayment card) has sufficient monthly repayment amount for deduction before the monthly repayment date to avoid overdue payment.

3. Instructions for the first month of provident fund repayment

1. Instructions for the first month of provident fund repayment. In the first month, you need to deposit sufficient amount into your personal bank account. The bank will Take away regularly. Provident fund repayment is free repayment, and free repayment is "day-to-day repayment", that is, the loan date is a certain day of the month, and the repayment date is a certain day of each month. If there is no corresponding repayment date in the month, the payment will be made on the last day of the month;

2. If the borrower accidentally loses the bank card or passbook used for repayment, the borrower must bring the same The bank card or passbook of the bank must be changed in a timely manner to the management department where the loan was applied for;

3. After the borrower's loan has been paid off in full, the borrower must go to the management department where the loan was processed to obtain a certificate of repayment of the entire loan.

The above is about whether the provident fund repayment is automatically deducted, how to deduct the monthly provident fund loan payment, and what you need to know about the first month of provident fund repayment. I hope it will be helpful to everyone!

Legal basis:

"The Central State Organs Housing Fund Management Center of the State Council Agency Affairs Administration and the Central State Organs Sub-center of the Beijing Housing Provident Fund Management Center Regarding the Implementation of Free Repayment Methods for Housing Provident Fund Loans Notice》

1. Starting from November 1, 2007 (inclusive), all newly accepted loans will be subject to free repayment. Borrowers no longer use equal principal repayments.

2. The free repayment method implements fixed-date repayment, that is, the borrower will repay the principal and interest of the loan on a monthly basis starting from the month following the month in which the loan is transferred, and the repayment date is the month when the loan is transferred. corresponding day; if there is no corresponding repayment day in a certain month, the last working day of the month will be the repayment day.

3. During the repayment period, the borrower can freely choose the monthly repayment amount on the basis of not being lower than the minimum monthly repayment amount. The minimum monthly repayment amount is the average monthly repayment amount calculated according to the equal principal and interest repayment method. If the loan term is more than 1 year, if the state adjusts the interest rate of personal housing provident fund loans, the monthly minimum repayment amount must be re-evaluated according to the adjusted interest rate.

4. During the repayment period, the borrower can apply to adjust the monthly repayment amount, but the adjusted monthly repayment amount shall not be lower than the monthly minimum repayment amount. Otherwise, the adjustment will be deemed invalid and no adjustment will be made. . If the adjusted monthly repayment amount is higher than the sum of the remaining loan principal, repayable interest and penalty interest, the loan will be deemed to have been paid off in advance, and the entrusted lending bank (hereinafter referred to as the bank) will treat the loan in advance. , the sum of the remaining loan principal, repayable interest and penalty interest will be transferred.