On the morning of May 20, Chuzhou Housing Provident Fund Management Center issued the "Notice on Reducing the Interest Rate of Personal Housing Provident Fund Loans"
The details are as follows
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Notice on the reduction of the interest rate of personal housing provident fund loans
Housing Provident Fund Deposit Units and Depositing Employees: According to the Notice of the People's Bank of China on Reducing the Interest Rate of Personal Housing Provident Fund Loans dated May 17, from May 18, 2024, the interest rate of personal housing provident fund loans will be reduced by 0.25 percentage points, and the interest rates of the first set of personal housing provident fund loans for less than 5 years (including 5 years) and more than 5 years will be adjusted to 2.35% and 2.85% respectively. The interest rate of the second set of personal housing provident fund loans for less than 5 years (including 5 years) and more than 5 years will be adjusted to not less than 2.775% and 3.325% respectively. Personal housing provident fund loans issued on or after May 18, 2024 will be implemented directly at the adjusted new interest rate. For personal housing provident fund loans that have been disbursed before May 18, 2024, the new interest rate will be implemented from January 1, 2025.
Chuzhou Housing Provident Fund Management Center
May 17, 2024
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Source: Chuzhou Housing Provident Fund Management Center Editor: Gao Jie Zhao Chenxing
Editor-in-charge: Zheng Xiaorong
Editor-in-Chief: Zhang Shuhu
Submission email: [email protected]