What should I do if I receive a text message saying that the account balance is insufficient and I fail to initiate cash withdrawal again?

If there is a balance in the provident fund account, and the withdrawal of the provident fund fails due to insufficient balance, the withdrawal amount may be appropriately modified and reduced. However, after the withdrawal fails, even if the withdrawal amount is modified, it will take three months to initiate automatic withdrawal again.

Of course, even if the withdrawal amount is not modified, the withdrawal will be automatically initiated after three months, but the possibility of failure in this way will be higher.

Because this kind of withdrawal is made quarterly, the withdrawal amount you set should be less than one third of the account balance. For example, if your account has 900, then the maximum withdrawal amount is 300.

The withdrawal of Shanghai provident fund needs to meet certain conditions before it can be withdrawn. Specific circumstances include the purchase, construction, renovation, overhaul of owner-occupied housing with ownership, retirement, retirement or reaching retirement age, complete loss of labor ability, termination of labor relations with the unit where they work, migration of household registration from the city or settlement abroad, and transfer of non-local employees from the city.

When employees repay the principal and interest of the house purchase loan, they can withdraw the storage balance of the housing provident fund to offset it. If an employee dies or is declared dead, the employee's heir or legatee may withdraw the storage balance in the employee's housing provident fund account, and the employee's housing provident fund account shall be cancelled at the same time.

Meet the extraction conditions, should provide my identity card, the corresponding certification materials and a copy. If handled by an agent, a power of attorney and an agent's ID card shall be provided. The corresponding certification materials should include the purchase of new commercial housing, the provision of housing ownership certificates or the purchase contract and payment voucher filed by the real estate administrative department.

For the purchase of second-hand houses, provide the purchase agreement or house ownership certificate and deed tax payment certificate filed by the real estate administrative department; For newly built or rebuilt houses, the planning department shall provide the approval documents and payment vouchers for newly built or rebuilt houses.