Provident fund withdrawal process
1. Employees who meet the extraction conditions shall apply for the Application Form for Housing Provident Fund Extraction (hereinafter referred to as the Application Form) at the information desk or unit of the Provident Fund Center with relevant supporting materials and their ID cards.
2. After verification by the unit, the employee will go to the unit for preliminary examination with the Application Form, and the unit will verify and truthfully fill in the contents of the applicant, such as the employee himself, the balance of housing provident fund, and whether it meets the extraction conditions, and then affix the reserved seal of the unit in the bank on the Application Form, and the employee himself will go through the extraction procedures.
3 provident fund center audit unit sealed employee application form, extract the required information and my ID card to the provident fund center for approval. The procedures are complete, and the information is true, complete and effective.
4. The entrusted bank shall go through the payment procedures. After the examination and approval by the center, the applicant will go through the withdrawal procedures of provident fund at the entrusted bank with the application form. When withdrawing money, you should show your ID card. After the bank staff check it correctly, they will go through the formalities of withdrawing the provident fund and transferring it to the employee bank card (folding).
Legal basis:
Regulations on the administration of housing provident fund
Twenty-fourth employees in any of the following circumstances, you can withdraw the balance of storage in the employee housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.