Wuhan plans to optimize the provident fund withdrawal policy by relaxing the withdrawal frequency for first-home pure commercial loans

On June 23rd, it was reported that the Wuhan Housing Provident Fund Management Center issued an announcement on June 18th, soliciting public opinions on the "Notice on Optimizing the Withdrawal Policy for Housing Consumption of Housing Provident Fund (Draft for Comment)."

According to the announcement, the purpose of this policy adjustment is to relieve the pressure on employees to repay their housing loans. Under the optimized policy, the original restriction in Wuhan that "the provident fund can be withdrawn once every 12 months for repaying the commercial loan of the first self - occupied housing" has been cancelled. In the future, for those who only use personal housing commercial loans, they can handle the withdrawal after 6 months of normal repayment, and then can withdraw once a month. The cumulative withdrawal amount shall not exceed the amount of the personal housing commercial loan.

The period for public solicitation of opinions on this policy is from June 18th to June 27th, 2026. The public can submit suggestions via the designated email.

This article is from Guandian.cn and is published by 36Kr with authorization.