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, private non-enterprise units, social groups and their employees. The definition of housing provident fund includes the following five aspects:
Provident fund payment
Housing provident fund is only established in urban areas and no housing provident fund system is established in rural areas.
The housing provident fund system is established only for current employees. The housing provident fund system is not applicable to unemployed urban residents and retired employees.
The housing provident fund consists of two parts. One part is paid by the employee's unit and the other part is paid by the employee personally. The employee's personal contribution shall be withheld by the unit and then deposited into the individual housing provident fund account together with the unit's contribution.
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 regulations during their employment, and shall not be suspended or interrupted unless the employee retires or other circumstances stipulate in the "Housing Provident Fund Management Regulations" occur. It reflects the stability, uniformity, standardization and mandatory nature of the housing provident fund.
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: accumulation and specificity.
Song Ke is a university graduate who has found a suitable and satisfactory job in Kunshan. Taking into account long-term stability, he has now purchased a house in Kunshan. However, his current salary is not enough to pay for the high housing prices, so he hopes to use a housing provident fund loan to relieve his personal stress. pressure.
Kunshan Yuteng Human Resources understood the customer's needs and explained the information and procedures required for applying for housing provident fund to the customer, and entered it into the system in a timely manner.
Customer testimonials
Kunshan Yuteng Human Resources is a formal human resources company with first-class employee quality and service attitude. Any questions you may have will be answered patiently! I am honored to find such a first-class human resources company. I will also recommend such a first-class company to my relatives and friends!
More and more people choose provident fund loans to buy houses