Can be used to cover property fees and major illness medical expenses! New policies for housing provident funds implemented in multiple regions

Recently, multiple regions have issued notices to optimize housing provident fund policies

Notice on the Use of Policy

Starting in April, some regions will expand the scope of housing provident fund withdrawals

Remove limits on the number of times you can withdraw housing provident fund

Let’s take a look together↓

Hangzhou, Zhejiang

■ Increase the maximum loan amount

• Starting April 1, 2026, the maximum amount for housing provident fund loans will be increased from 1.3 million yuan to 1.8 million yuan, and the employee’s individual loanable amount may not exceed 900k yuan.

• The calculation multiplier for the employee’s individual loanable amount for housing provident fund will be adjusted from 15 times to 20 times.

■ Loan amount upshifts for certain groups

• For new citizens and young people’s family housing loan applicants, the loanable amount will be determined by increasing the total loanable amount calculated when applying for a family loan by 20%.

• For families with multiple children, the loanable amount will be determined by increasing the total loanable amount calculated when applying for a family loan by 50%.

■ Optimize the scope of housing provident fund withdrawals

• For employees who purchase self-occupied housing within this city’s administrative area, the employee and spouse may withdraw the balance in the housing provident fund account in a single withdrawal to pay the deed tax (契税) of the purchased property; the total amount withdrawn shall not exceed the total amount of deed tax actually paid.

• Employees and their spouses may withdraw housing provident fund to pay property management fees (物业费) for self-occupied housing within this city’s administrative area. Each year, for 1 self-occupied housing unit registered under the family’s name, they may withdraw once based on the actual property management fee paid; the total amount withdrawn by the family in the same year shall not exceed 10k yuan.

Lanzhou, Gansu

■ Adjustments to withdrawal deadline, frequency, and limits

• The withdrawal deadline will be changed from “1 withdrawal per year” to “you may withdraw in a lump sum or in installments,” and there will no longer be restrictions on the number of withdrawals in the same year.

• The withdrawal limit will be increased from “up to 10,000 yuan per person per year” to “up to 20,000 yuan per person per year.”

• For withdrawals of housing provident fund due to “other housing-related consumption,” there is no restriction on whether there is a withdrawal record in the same year, and after the withdrawal, housing provident fund may still be withdrawn in the same year under other circumstances. It should be noted that if there is a housing provident fund loan that has not been fully repaid with this center, the withdrawal can only be used to prepay and repay the principal and interest of this same loan, and it cannot be withdrawn due to “other housing-related consumption.”

This adjustment will take effect starting April 7, 2026, and remains valid until April 6, 2027.

Shenzhen, Guangdong

■ Employees may voluntarily increase their individual contribution rate

Starting April 1, 2026, the contribution rate for employees’ personal housing provident fund contributions shall, in principle, be consistent with the rate the unit contributes for them. If employees voluntarily increase the contribution rate, they may choose a rate higher than the rate contributed by the unit, but it must not exceed the upper limit set by the state.

Interest on housing provident fund deposits will accrue in accordance with the interest rates for housing provident fund deposits stipulated by the state from the date the funds are deposited into the employee’s housing provident fund account.

Chengdu, Sichuan

■ Phased elimination of the limit on the number of loans

From March 25, 2026 to December 31, 2026, the limit on the number of loans will be phased out. During the policy’s effective period, when contributors apply for housing provident fund loans, the system will no longer review the historical usage count of housing provident fund loan applications. As long as there are no housing provident fund loans under the applicant’s name that have not been fully settled, they may apply for a housing provident fund loan again.

■ Optimize the amount and frequency of withdrawals for major illness

• Increase the withdrawal amount: If contributors meet the conditions for withdrawing due to a major illness, they may apply for a full withdrawal of the available balance in their personal housing provident fund account.

• Optimize withdrawal frequency: Contributors may apply for withdrawal within one year from the date on which they paid medical expenses, and there are no restrictions on the withdrawal frequency.

• Support intergenerational withdrawals: If the contributor, or their spouse, parents, or children, suffer from a major illness, they may all apply for a full withdrawal of the available balance in the contributor’s personal housing provident fund account. This notice takes effect starting March 25, 2026.

Xuzhou, Jiangsu

■ Optimize withdrawal policies

• Starting April 1, 2026, support withdrawing housing provident fund to pay the deed tax (购房契税) for purchasing a home.

• Support withdrawing housing provident fund to pay the special funds for residential maintenance and repair.

• Relax the withdrawal rules for property management fees (物业费) and heating fees (暖气费). The withdrawal upper limit will be increased from 8,000 yuan per year to 10,000 yuan per year, and contributors with housing provident fund loans that have not been fully repaid can also办理.

• Increase the rental housing withdrawal limit. The yearly withdrawal limit for renting housing is 18k yuan per person; for married couples, the maximum that can be withdrawn per year is 36k yuan.

A large amount of information and precise interpretation are all available in the Sina Finance APP

Responsible editor: Shi Xiuzhen SF183