Housing provident fund loan refers to the housing provident fund paid by the employees who manage and use the housing provident fund, and entrusts commercial banks to issue housing mortgage loans to on-the-job employees who pay housing provident fund and retired employees who pay housing provident fund during their employment. Banks that can handle provident fund loans include: China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, China Bank, Bank of Communications, Nanjing Bank, China CITIC Bank, China Merchants Bank, Shanghai Pudong Development Bank, Industrial Bank and Minsheng Bank.
2. What are the provident fund consumer loans?
It is best to consult the bank for loans, and the provident fund can only be used for housing loans.
Provident fund loan conditions:
1. The housing provident fund has been continuously paid for more than half a year before the application, and the accumulated time for paying the provident fund is not less than 2 years;
2. There are no outstanding provident fund loans;
3. Have a permanent residence in this city or a valid residence certificate;
4. Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan.
3. Which banks have provident fund consumer loans? What is the maximum loan amount?
The calculation of specific provident fund loan amount should be determined according to four conditions: repayment ability, the percentage of provident fund loan to house price, the balance of housing provident fund account and the maximum loan limit, and the minimum value calculated by the four conditions is the highest borrower.
Loan amount calculated according to repayment ability: (total monthly salary of the borrower-loan ability coefficient of the borrower's unit housing provident fund-monthly repayment amount of the borrower's existing loan, (total monthly salary of both husband and wife and monthly deposit amount of the housing provident fund of both husband and wife) × repayment ability coefficient-total monthly repayment amount of both husband and wife × loan period (month). Among them, 40%, total monthly salary = monthly contribution of provident fund ÷ (unit contribution ratio and individual contribution ratio);
Degree calculated by house price = house price × loan ratio. The loan ratio is determined according to the different types of houses purchased, built and repaired and the number of mortgage sets;
According to the housing, when employees apply for housing provident fund loans, the loan amount shall not be higher than 10 times of the balance of employees' Jin Shen account (and the sum of the balance of spouse's housing provident fund loan account); if the balance of housing provident fund account is less than 20,000, it shall be calculated as 20,000;
According to the loan amount calculated by the maximum loan amount, if I use my housing provident fund to apply for housing provident fund loans, the maximum loan amount is 400,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for housing provident fund loans, the maximum loan amount is 600,000 yuan. I use my housing provident fund to apply for a housing provident fund loan, and if I normally repay the housing provident fund when applying for a loan, the maximum loan amount is 500,000 yuan; At the same time, if the spouse's housing provident fund is used to apply for a housing provident fund loan, and the spouse or I normally pay a supplementary housing provident fund when applying for a loan, the maximum loan amount is 700,000 yuan.
4. Which banks have provident fund consumer loans?
China Merchants Bank
China Merchants Bank's provident fund consumption loan can be applied by citizens who have continuously paid 12 months or more, and at the same time, they are required to have good credit. Applicants can borrow more than 20 times of the annual deposit amount of the provident fund, with a maximum of 300,000 yuan.
Minsheng Bank
Minsheng Bank's provident fund consumption loan can be applied as long as it has been continuously deposited for more than 1 year, the individual's monthly deposit amount is above 500 yuan, and the credit is good. Minsheng Bank's provident fund consumption loan amount has nothing to do with personal account balance. According to the applicant's personal credit, occupation, family debt and other comprehensive indicators, a single citizen can borrow up to 500 thousand yuan. The longest loan period is 3 years, with monthly interest payment and principal repayment at maturity.
China Citic Bank
CITIC Bank can apply for provident fund loans as long as it deposits for a certain period of time. The maximum loan amount can reach 6,543,800 yuan, the consumer loan period can reach 3 years, and the loan interest rate is not higher than that of offline similar products. And it only takes 2 minutes from application to loan.
Everbright Bank
China Everbright Bank Provident Fund Network Credit Consumer Loan is a credit consumer loan product designed and developed by China Everbright Bank for individual housing provident fund depositors. This product automatically evaluates customers' comprehensive credit through the system, and issues consumer credit loans to individual customers who meet the loan conditions of China Everbright Bank.