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Chengdu Announces New Provident Fund Policy; Maximum Loan Amount Increased to 1.2 Million Yuan
Source: People’s Financial News Author: Tang Qiang
People’s Financial News, March 24 — On March 24, the Chengdu Housing Provident Fund Management Center held a press conference to announce new policies. To further boost housing consumption, better meet the rigid and improved housing needs of depositors, and promote the steady and healthy development of the real estate market, Chengdu has issued a series of policies including the “Notice on Further Optimizing Housing Provident Fund Policies,” “Notice on Further Supporting Housing Consumption,” “Notice on Further Optimizing Major Illness Withdrawals from Housing Provident Fund,” and “Notice on Adjusting Policies Related to Housing Provident Fund Loans.” The maximum loan amount for single depositors has been increased from 600,000 yuan to 800,000 yuan, and for joint depositors from 1 million yuan to 1.2 million yuan.
(Edited by: Wen Jing)
Keywords: Real Estate Market