How much can you borrow with Shangqiu provident fund loan?

Shangqiu has adjusted the maximum loan limit for housing provident funds, with a maximum loan limit of 600,000 yuan.

It is understood that if the applicant unilaterally pays the housing provident fund in full for more than 6 months (inclusive), the maximum single loan amount will be adjusted from 300,000 yuan to 400,000 yuan; If the housing provident fund has been deposited for more than 6 months (inclusive), the maximum single loan amount will be adjusted from 500,000 yuan to 600,000 yuan, and the first house shall not exceed 80% of the total price of the purchased house, and the second house shall not exceed the total price of the purchased house. 70% of the price.

At the same time, Shangqiu will also carry out housing provident fund and commercial bank housing portfolio loans. Combination loan means that when employees who have paid housing provident fund have insufficient funds to apply for a housing provident fund personal housing loan, they can apply to the trustee bank for a commercial bank personal housing loan at the same time.

At present, most of the provident funds paid by employees are housing provident funds.

The housing provident fund refers to the long-term housing savings deposited by state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees.

This definition of housing provident fund includes the following five aspects:

(1) Housing provident fund is only established in cities and towns, and no housing provident fund system is established in rural areas.

(2) The housing provident fund system is established only for current employees. The housing provident fund system is not applicable to unemployed urban residents, and the housing provident fund system is not applicable to retired employees.

(3) The housing provident fund consists of two parts, one part is paid by the employee's employer, and the other part is paid by the individual employee. The part paid by the individual employee is withheld by the company, and together with the part paid by the company And deposit it into the housing provident fund personal account.

(4) The long-term nature of housing provident fund deposits. Once the housing provident fund system is established, employees must make uninterrupted contributions in accordance with the regulations while on the job. Except for the employee's retirement or other circumstances stipulated in the "Housing Provident Fund Management Regulations", it shall not be suspended or interrupted. It reflects the stability, uniformity, standardization and mandatory nature of the housing provident fund.

(5) The housing provident fund is a personal housing savings deposited by employees in accordance with regulations and used exclusively for housing consumption expenditures. It has two characteristics:

First, it is cumulative, that is, housing Although the provident fund is an integral part of employees' wages, it is not paid in cash and must be deposited into a special account opened by the housing provident fund management center in an entrusted bank for special account management.

The second is specificity. The housing provident fund is earmarked and can only be used to purchase, build or overhaul a self-occupied house or pay rent during the storage period. Employees can withdraw the housing provident fund from their accounts only when they retire, die, completely lose their ability to work, terminate their labor relationship with their employer, or move their household registration out of their original city of residence.

Each employee should have only one provident fund account, so as to ensure the accuracy and completeness of the provident fund account. When an employee's personal job changes, the housing provident fund account that the employee has opened and paid into needs to be transferred to the changed workplace.

Generally, for the transfer of employee housing provident fund accounts, the employee shall provide the transferring unit with the housing provident fund account number of the transferring unit, and the transferring unit shall issue an "Employee Housing Provident Fund Transfer Notice" (in duplicate) Send it to the handling bank of the unit to which you are transferring. When the transferred unit receives the "Transfer Notice" printed by the bank, the employee's provident fund account transfer procedures are completed.

If an employee fails to pay provident fund for a long time, the account may be transferred to the closed account management office of the provident fund management center. In this case, the individual provides his or her personal provident fund account number to the transfer unit, and the transfer unit issues a "Employee Housing Provident Fund Transfer Notice" (in duplicate) and sends it to the transfer unit's handling bank. The transfer unit receives the "Employee Housing Provident Fund Transfer Notice" printed by the bank. "Transfer Notice" completes the employee's provident fund account transfer procedures.

In case of special circumstances, individual employees can also go to the Sealed Account Management Office of the Municipal Provident Fund Management Center to directly handle the transfer procedures of their personal provident fund accounts with their personal ID cards and employment certificates.