1.
Provident fund refers to company provident fund and housing provident fund. The company's common reserve fund is the fund drawn by the company outside its capital. According to whether the retention of provident fund is legally mandatory, provident fund can be divided into statutory provident fund and arbitrary provident fund.
2.
In addition, the housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. On April 20 16 15, the Ministry of Housing and Urban-Rural Development issued a new policy: the deposit ratio of housing provident fund should not be higher than 12%, and enterprises with difficulties in production and operation can apply for deferred payment of housing provident fund.
3.
The bank shall notify the applicant to handle the loan formalities according to the examination and approval results of the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for review. After the approval of the provident fund center, the entrusted bank will allocate the loan funds, and the entrusted bank will issue the loan in full and on time according to the loan contract.
4.
If the borrower has a mortgage, he shall go through the mortgage registration formalities with the property right management department where the house is located. If the mortgage contract or agreement is signed by both husband and wife and pledged by securities, the borrower shall hand over the securities to the management department or the joint center for safekeeping.