Zhongxin Jingwei Client January 8th According to the Beijing Housing Provident Fund website, Beijing Housing Provident Fund Management Center released the "Announcement on Cancellation of Paper Application Forms for Housing Provident Fund Extraction Business and Online Settlement of Certain Businesses", which has been clear since 2020. Beginning January 10, except for the purchase of housing provident fund for the purchase of housing outside the Beijing administrative area, the use of commercial bank loans and the use of off-site provident fund loans for the purchase of housing provident fund for the purchase of housing outside the Beijing administrative area, the unit manager must handle it, and the rest The employee himself can also apply for the matter.
Screenshot source: Beijing Housing Provident Fund Network
Specifically, the announcement stated that starting from January 10, 2020, when employees handle the housing provident fund withdrawal business, they will no longer submit paper application forms, and will instead submit written commitments to employees.
Employees shall be responsible for the accuracy and authenticity of the declared information in accordance with the relevant provisions of the authorized commitments. When the employee handles the withdrawal business at the counter, he or she only needs to provide the original materials of relevant matters, and authorizes the commitment to confirm on the spot. When the unit manager handles the withdrawal business at the counter, in addition to the original materials of relevant matters, the employee must also provide the "Personal Authorization and Commitment for Applying for Extraction of Housing Provident Fund" signed by the employee himself.
Except for the purchase of housing provident fund for the purchase of housing outside the administrative area of Beijing, the use of commercial bank loans and the purchase of housing provident fund for the purchase of housing outside the administrative area of Beijing with the use of off-site provident fund loans, the unit manager must handle the application, and the remaining employees may apply Handle.
The Beijing Housing Provident Fund Management Center interpreted that as the ownership information of the house has not yet been interconnected across the country, the two service matters for the above-mentioned foreign purchase of houses continue to maintain the manager system, and the applicant's unit first performs the preliminary review of the extracted materials, and then The unit manager went to the counter to handle the withdrawal business.
In addition, the announcement also stated that 11 new service items can be applied for and settled through the online business system, including purchase of commercial housing within Beijing's administrative area, application for housing provident fund, and application for rental of housing provident fund. According to the Beijing Housing Provident Fund Management Center, after the applicant submits an application through the online business system, the management center will conduct a background review. After the review is successful, it will be processed directly without the need to go to the counter for relevant procedures. Applicants can check the progress of business through the online business system. If the audit fails, the reason will also be reported through the online business system. After the "Announcement" was issued, Beijing Housing Provident Fund Management Center has realized 28 items that can be settled online on 51 services.
Source: Beijing Housing Provident Fund Network
Yan Yuejin, research director of the Think Tank Center of the E-House Research Institute, told the client of Sino-Singapore Jingwei that the policy content of Beijing's housing provident fund has objectively reduced costs and is a relatively loose policy guide for housing provident funds in 2020. It is expected that the follow-up housing provident fund will continue to have the possibility of easing, and there will even be reforms in terms of interest rates. "For example, with the advancement of the LPR policy, subsequent reform of the provident fund will also be linked to LPR, which will help reduce the burden on home buyers. Related housing transactions, especially those that just need to be bought, will become more active." Yan Yuejin analysis. (Zhongxin Jingwei APP)
(Responsible editor: Shan Xiaobing)