Xi'an Housing Fund Optimizes the Frequency of Withdrawals for Repaying Commercial Housing Loans

On June 9th, the Xi'an Housing Provident Fund Management Center issued a notice to optimize the frequency of withdrawals for repaying commercial loans for self - occupied housing purchases.

The primary borrower and their spouse who are repaying the principal and interest of the commercial loan can apply to withdraw the amount from their personal provident fund accounts. They can choose to handle the withdrawal once a natural year or sign up for monthly withdrawals until the loan is settled.

The handling methods are divided into online and offline. Online, it can be processed through the iXi'an APP, and the online signing function will be launched soon. Offline, the applicant or their spouse needs to bring relevant materials to the windows of the entrusted bank branches of the provident fund management center to handle the monthly signing procedures.

The full text of the notice is as follows

Notice from the Xi'an Housing Provident Fund Management Center on Optimizing the Frequency of Withdrawals for Repaying Commercial Loans for Self - Occupied Housing Purchases

All sub - centers, management departments, various departments of the headquarters, and all entrusted banks:

In order to further give play to the housing security role of the housing provident fund, improve the level of convenient services of the housing provident fund, and better meet the needs of contributors to withdraw housing provident funds, the relevant matters regarding the frequency of withdrawals for repaying commercial loans for self - occupied housing purchases are hereby notified as follows:

I. Optimize the frequency of withdrawals for repaying commercial housing loans

For those repaying the principal and interest of commercial bank loans for self - occupied housing purchases, the primary borrower and their spouse can apply to withdraw the stored amount in their personal housing provident fund accounts. The primary borrower and their spouse can choose to handle the withdrawal once a natural year or sign up for monthly withdrawals until the loan is settled.

II. Handling methods

(1) Online handling. Withdrawals for repaying commercial loans for self - occupied housing purchases can be processed through the iXi'an app (including WeChat mini - programs and Alipay mini - programs). The online signing function will be launched soon. Please follow the latest news on the center's official website.

(2) Offline handling. The applicant for signing or their spouse should bring relevant materials to the windows of the entrusted bank branches of the provident fund management center to handle the monthly signing procedures.

When signing the contract for repaying commercial housing loans, the applicant should carefully read the "Agreement on Monthly Withdrawal Signing (Cancellation) of Housing Provident Fund" and fully understand the terms before confirming the signing.

This article is from Viewpoint Network and is published by 36Kr with authorization.