Can provident fund be withdrawn every month? List of provident fund withdrawal methods

Question: Can I withdraw provident fund every month? How to extract? Brief explanation: Provident fund withdrawal policies vary from place to place, and provident fund withdrawals can be made every month under certain conditions. Introduction: This article will delve into the provident fund withdrawal conditions, withdrawal process, etc., and it is compiled by PHP editor Baicao. If you want to know whether you are eligible for monthly withdrawals, or want to know how to withdraw your provident fund, please continue reading this article for detailed answers.

Can provident fund be withdrawn every month

The following are some common provident fund withdrawal conditions and detailed instructions:

Repayment of housing loans:

If employees use housing provident funds to repay housing loans, then at the beginning After repaying the loan for 3 months, you can apply for monthly withdrawal of provident fund.

The amount withdrawn shall not exceed the monthly repayment amount (principal plus interest). For example, if the loan amount that an employee needs to repay every month is 2,000 yuan, then the maximum amount that can be applied for every month is 2,000 yuan.

The rent exceeds the prescribed proportion of family wage income:

After 3 months of paying provident fund, if the rent expenditure exceeds the proportion of family income (for example, it exceeds 15% of the family's monthly wage income), they can apply for housing provident fund of extraction.

It is required that employees and their spouses do not have their own homes in this city.

Both husband and wife can apply to withdraw provident fund.

Family financial difficulties:

For example, families that are applying for urban minimum living allowance can apply to withdraw provident funds every month to subsidize their families and maintain normal family life.

Other situations:

Purchasing, building, renovating or overhauling a self-occupied house.

Have reached the national legal retirement age, or have officially gone through the retirement procedures.

Completely lost the ability to work and terminated the labor relationship with the employer.

Those who left the country to settle down.

The person, his/her spouse and their immediate family members have serious difficulties in family life due to serious illness.

Encountering unexpected events that cause serious difficulties in family life.

Other situations that comply with the provident fund withdrawal policy.

Alipay withdrawal method:

1. Wake up your phone, open Alipay, and click to enter the Civic Center.

2. Click Provident Fund.

3. Click to withdraw provident fund.

4. Select the extraction type and click to extract.

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