The business process of housing provident fund extraction is as follows:
1. Employees shall apply to their units for withdrawal of housing provident fund. Upon verification, the application for withdrawal shall be issued by the unit in duplicate. The employees of centralized sealed households apply to the sub-center or management department for extraction.
2. The employee shall apply to the sub-center or management department where the housing provident fund is deposited by the unit with the application materials such as the application for withdrawal, and the sub-center or management department shall issue the Notice of Withdrawal, which shall be signed by the employee to confirm the withdrawal amount.
3. On the same day, the employee shall go through the withdrawal formalities at the Construction Bank with two copies of the withdrawal application and three copies of the withdrawal notice verified by the sub-center or the management department.
4. The employee will return a withdrawal notice to the unit after the construction bank confirms the payment, which will be used as the accounting voucher of the unit.